Laserfiche WebLink
<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: 1/10/11 <br /> <br />Appropriation <br /> <br />Ordinance: <br /> <br />Source of Funds: SOURCE <br />Account Number: 038-6030-565.90-15 <br />Amount Budgeted: $175,000 <br />Amount Requested: $175,000 <br />Budgeted Item: rn NO <br /> <br />Requested By: <br /> <br />Stacey Osborne <br /> <br />Department: <br />Report: <br /> <br />CMO <br /> <br />Resolution: <br /> <br />Exhibits: <br /> <br />1. Area Map <br />2. Cost Breakdown Summary <br />3. Ownership & R-O-W Closings <br />4. Paving & Drainage <br />5. Water & Sanitary Sewer <br />6. Landscaping & Maintenance <br />7. Ogden Development Layout <br />8. Tear-sheet- PH- 11.15.2010 <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />Section 5.04 of the La Porte Development Corporation bylaws require that the La Porte City Council approve all <br />expenditures of the La Porte Development Corporation which exceed $15,000.00. At its November 15, 2010 <br />meeting the Development Corporation held a public hearing and voted to approve the expenditure of $175,000 to <br />fund street paving for Sector 23 development of a 22-acre light industrial park. The funding was subject to a 60-day <br />waiting period, which began with the Notice of Public Hearing on November 7,2010. <br /> <br />The 60-day waiting period for the project concluded on January 6, 2011. With Council's approval, the EDC can <br />move forward with funding the projects as described at the Public Hearing on November 15,2010. <br /> <br />Action Required bv Council: <br /> <br />Authorize the expenditure of $175,000 to fund street paving for Sector 23 development of a 22-acre light industrial <br />park. <br /> <br /> <br />,,,,,~,""_~~~~"""^~~~"""'''''','1''''__^_'_'''''''~_~'''_''''''__ <br /> <br />1/cr'4 <br /> <br />date <br />