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04-06-15 Meeting of the La Porte Development Corporation Board of Directors
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04-06-15 Meeting of the La Porte Development Corporation Board of Directors
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La Porte TX
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Agenda PACKETS
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4/6/2015
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BUSINESS. BY THE BAY. <br />6.Each grant will be awarded on a reimbursement basis once completed work has been verified <br />by the EGEC to be compliant with the plans proposed in the approved application. Any <br />deviation from the approved project may result in the total or partial withdrawal of the grant. <br /> <br />7.Each enhancement grant application will be subject to review by the EGEC, and approval <br />from the LPDC. The review criteria include the following: <br /> <br />The project demonstrates a significant improvement over the existing situation, <br /> <br />The project will add to the beautification of Main Street and/or Broadway, <br /> <br />The project will enhance Main Street and/or Broadways appeal to new businesses <br />and visitors, <br /> <br />The project will complement the surrounding buildings, and <br /> <br />The project will add value to the City of La Porte. <br /> <br />8.Grant applications and awards may be made in any of the reimbursable activities described <br />above and may be combined for any single property or project. <br /> <br />9.An applicant is defined as an owner, tenant, or combination thereof, who occupies space in <br />an eligible property within the La Porte Enhancement Grant District. A single owner of <br />multiple properties may apply for grant funds for each property owned, but the matching <br />grant must be for more than $2,500 and less than $25,000 per property in a three (3) year <br />period. <br />APPLICATION PROCESS <br /> <br />1.Determine eligibility: Discuss project plans with the Economic Development Coordinator, and <br />the Coordinator will set up a pre-development meeting with the EGEC. <br /> <br />2.Complete the application and sign the agreement form. Each grant application must include <br />the following: <br /> <br />a.A scale drawing by the project architect or design professional of all the work to be <br />completed. <br />b.Samples -- i.e. paint samples, fabric swatches, sign material, etc. -- that will enable <br />the EGEC to envision the finished project. <br />c.Three (3) itemized work estimates on all project work from contractors or project <br />architects. Self-contracted work will be reimbursed for actual legitimate expenses, <br />excluding labor. <br />LA PORTE ENHANCEMENT GRANT PROGRAM <br />PAGE 3 <br /> <br />
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