06-28-21 Regular Meeting of the La Porte Development Corporation Board

Browse Search

REQUEST FOR LA PORTE DEVELOPMENT CORPORATION BOARD AGENDA ITEM Appropriation Agenda Date Requested: June 28, 2021 015 General CIP Requested By: Jason Weeks, Asst. City Mgr. Enhancement Grant Source of Funds: Department: Administration/CMO 015-9892-993-1100 Account Number: Report Resolution Ordinance $167,339 Amount Budgeted: $24,835.26 Amount Requested: Exhibits: Application, Photos of building before and after project, and Invoice/Payments Budgeted Item: Yes No SUMMARY & RECOMMENDATION On January 25, 2021, the La Porte Development Corporation Board approved an enhancement grant to Mike Kinstley for improvements to his Precision Auto Repair business building, which is located at 405 S. Highway 146 in La Porte, Texas. The applicant was interested in installing Stucco masonry finishing to the west side and south side of his building, replace far west garage door, repair and paint other garage doors, paint trim of building, and replace all signage with new signs. The applicant estimated a total capital investment of $52,453.08 for this project, of which 50% ($26,226.54) would be eligible for reimbursement once the project has been completed. Since the Board approved an enhancement grant in excess of $25,000, this item The applicant had all the vendors lined up to begin the work on the project. The final project reimbursement is under the $25,000 limit; therefore, there was no need to take this to City Council for approval. On May 18, 2021, the applicant provided staff with receipts, canceled checks and photos of the final project for staff and the Board to approve for reimbursement payment. Below is the summary of receipts for the Stucco masonry finishing, signage, garage door and painting: Stucco Masonry: Zuniga Stucco (Pasadena) - $14,289.00