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<br /> <br />. , <br /> <br /> <br />PUBLIC HEARING OF THE <br />LA PORTE DEVELOPMENT CORPORATION <br /> <br />l(i The proposed expenditure of $50,000 in 48 funds is for <br />the creation of jobs and job training and other eligible <br />expenses found by the board to be suitable for the <br />development or expansion of manufacturing facilities <br /> <br />~." Eligible expenditures are: <br />. Job training <br />. Land and facility. improvements <br />. Machinery and supplies <br />. Financial transaction costs <br />. Planning costs <br />. Cleanup costs <br /> <br />. , , <br /> <br />. , <br /> <br />. , <br /> <br />. , <br /> <br />PUBLIC HEARING OF THE <br />LA PORTE DEVELOPMENT CORPORATION <br /> <br />II The expenditure of 48 funds by the LPDC will be tied to <br />milestones to be accomplished over a period of time <br />(est. 3-5 yrs,) and be subject to an agreement between <br />48 and the party <br /> <br />II Milestones will be based on standards for the number of <br />jobs created and the volume of sales achieved <br /> <br />5 <br />