9-27-21 Regular Meeting of the La Porte Development Corporation Board

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All laser etchings All sandblasted lettering. The Lettering on the front of the GSFMM will be sand carved with Gold litho. The litho can be reapplied at a later date if it fades due to weather and environmental issues at a minimum cost and effort. ll and 8 inches square. The balance of the stone will be rock pitched, with laser etched lettering to provide the message and meaning of the scenes on the four monuments. The Lettering on the front of the GSFMM will be sand carved with Gold litho. Two 4-0 all polished Jet-Black benches. These benches can be laser etched to honor the families and corporations based on information provided by the committee. For all services rendered by Bailey Granite, the total purchase price is $51,306. This quote includes all necessary services of a completed granite structure such as crating, shipment, delivery, and installation of the monument. The Committee explained that the advantage attained by choosing Bailey Granite as the monument provider, is that there are no taxes on monuments if purchased in Kentucky. For this project, that is a savings of approximately $3,078. In May 2021, the Gold Star Families Committee hosted the 1st PFC Matthew K. Guyon Golf Tournament to raise funds, which netted over $22,500. In June 2021, they hosted Spirit Day at Gringos La Porte and raised $181. Also, they have been crowdfunding on social media. The Committee has submitted the 1st payment to the granite company in the amount of $15,391.80. There is a balance of $14,110.41 in the account. This a 501(c)3 nonprofit organization with a Platinum Seal of Transparency from GuideStar - the world's largest source of information on nonprofits. As mentioned, the City of La Porte has approved the monument to be placed at Five Points Plaza Park. The Committee has indicated that Houston Ready Mix has volunteered to donate their time in placing the concrete base. Also, the Committee has secured a donation for the concrete. The Committee is optimistic that they will be able to find a company to donate landscaping. Therefore, staff has been approached by the Gold Star Families Committee for La Porte requesting the LPDC financial contribution of $22,000 to cover the remaining $21,805 to the granite company & the $195 to be applied to the ceremony necessities. ACTION REQUIRED BY LPDC BOARD Consider, discuss, and possible approve funding the La Porte Gold Star Families Monument Committee up to $22,000.00 for installation of the monument at Five Point Plaza Park. Approved for the La Porte Development Corporation Board meeting agenda