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  <br />(1)       Based upon the existing bylaws of the La Porte Development Corporation, (1)       Based upon the existing bylaws of the La Porte Development Corporation, for for or <br />all expensesall expenses$15,000$15,000 <br />more, even if the expense are included in the approved budget, must be approved by the City Council. more, even if the expense are included in the approved budget, must be approved by <br />the City Council.  <br />  <br />(2)       All “projectsprojects””of the LPDC may be considered for approval only after a 60 notice for a public hearing has of the LPDC may be considered for approval only after a 60 <br />notice for a public hearing has <br />been posted and the public hearing has been conducted. been posted and the public hearing has been conducted.  <br />  <br />(3)       Staff and Traci are working with the City Attorney on the possibility of including (3)       Staff and Traci are working with the City Attorney on the possibility of including <br />““””for for <br />$$50,00050,000 <br />“Workforce Development/TrainingWorkforce Development/Training””as a as a ““projectproject””in the proposed budget for the next fiscal year.  The goal is to in the proposed budget for <br />the next fiscal year.  The goal is to <br />hold and conduct a public hearing on this hold and conduct a public hearing on this ““projectproject””when the 4B Board approves the proposed budget for the new when the 4B Board approves <br />the proposed budget for the new <br />fiscal year so that we donfiscal year so that we don’’t again have to hold a public hearing on the same project later in the year.t again have to hold a public hearing on the same project <br />later in the year. <br />Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation: <br />Give staff direction regarding the BoardGive staff direction regarding the Board’’s desire to use the funds in the current budget for s desire to use the funds in the current budget <br />for ““Workforce Workforce <br />Development/TrainingDevelopment/Training””.. <br />Approved for the La Porte Development Corporation AgendaApproved for the La Porte Development Corporation Agenda <br />Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate <br /> <br />