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REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA <br />ITEMITEM <br />September 22, 2014September 22, 2014AppropriationAppropriation <br />Agenda Date Requested:Agenda Date Requested: <br />N/A N/A <br />S. Livingston S. Livingston Source of Funds:Source of Funds: <br />Requested By:Requested By: <br />N/A N/A <br />Economic Development/Tourism Economic Development/Tourism Account Number:Account Number: <br />Department: <br />N/A N/A <br />Amount Budgeted:Amount Budgeted: <br />Report:Resolution:Resolution:Ordinance:Ordinance: <br />N/A N/A <br />Amount Requested:Amount Requested: <br />Exhibits: <br />Budgeted Item:Budgeted Item:YESYESNONO <br />1. RDS Pay Req, Emp Roster and Forms 941 1. RDS Pay Req, Emp Roster and Forms 941 <br />(IRS) and C3 (TWC)(IRS) and C3 (TWC) <br />2. RDS Incentive Agreement2. RDS Incentive Agreement <br />3. RDS Lease Agreement3. RDS Lease Agreement <br />SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS <br /> (aka Richard Industrial Group) has either relocated or hired (aka Richard Industrial Group) has either relocated or hired <br />Richard Design Services, Inc.Richard Design Services, Inc. <br />full time employees, since it signed a lease and moved into 1200 SH 146, La Porte, Texas.full time employees, since it signed a lease and moved into 1200 SH 146, La Porte, Texas. <br />thirty five (35) thirty five (35) <br /> Based upon the terms of the enclosed incentive agreement, Rusty Sims, General Manager for East Houston  Based upon the terms of the enclosed incentive agreement, Rusty Sims, General <br />Manager for East Houston <br />Operations of RDS, respectively requests payment for the first of three, annual installments in the amount of Operations of RDS, respectively requests payment for the first of three, <br />annual installments in the amount of <br />.  <br />$5,000 <br />Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation: <br />Consider approval or other action to disburse Payment No. 1 of 3 to Richard Design Services, Inc., in the amount Consider approval or other action to disburse Payment No. 1 of 3 to Richard <br />Design Services, Inc., in the amount <br />of $5,000. <br />  <br />Approved for the La Porte Development Corporation AgendaApproved for the La Porte Development Corporation Agenda <br />Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate <br /> <br />