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• Regular Meeting 9/6/78 3 <br />6. CONSIDER APPROVING PROPOSED ORDINANCE NO. 1130 - (CONTINUED) <br />CAPTION: AN ORDINANCE AMENDING CHAPTER 23, "TAXATION", OF THE <br />CODE OF ORDINANCES OF THE CITY OF LA PORTE, BY EXEMPTING <br />FIFTEEN THOUSAND DOLLARS ($15,000.00) OF THE ASSESSED VALUE OF <br />RESIDENCE HOMESTEADS OF PERSONS SIXTY-FIVE (65) YEARS OF AGE <br />OR OLDER FROM ALL AD VALOREM TAXES LEVIED BY THE CITY OF <br />LA PORTE FROM AND AFTER JANUARY 1, 1978; AND PROVIDING FOR AN <br />EFFECTIVE DATE HEREOF. <br />7. CONSIDER ACCEPTANCE OF AN $18,000.00 AIRPORT PLANNING GRANT <br />FROM THE F.A.A. - The City Administrator informed the Commission <br />of an air port grant offer from the F.A.A. for a Master Plan <br />to serve the City of La Porte, outlining the improvements neces- <br />sary to bring our air port facility into a first-class facility <br />to serve our area. This $18,000.00 represents 90 per cent of the <br />total cost. The City's portion would be 10 per cent or $1,800.00. <br />Stating that there were sufficient funds in the General Fund <br />• Contingency to cover the City's participation in this grant <br />program recommending that the City accept this grant and proceed <br />with the development of the Master Plan. There was a brief <br />mention of applying to the T.A.C. providing for half of the <br />matching funds. The City would have to apply to the T.A.C. <br />funds. <br />Motion by Commissioner Kibodeaux, seconded by Commissioner <br />Simons to accept the $18,000.00 Air Port Planning Grant from <br />the Federal Aviation Administration. Motion carried by the <br />following vote: <br />AXES: Commissioners Tomerlin, Kibodeaux, and Simons. <br />NAYS: None. <br />0 <br />