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Other projects, which are in various stages of discussion and may request funds from the 4B <br />Board, are as follows: <br />South <br />S. Broadway Re-Development Retail Strip Center $250,000 + <br />o <br />S. Broadway Re-Development Fischer’s Hardware $250,000 + <br />o <br />Re-Development Former Kroger $400,000 <br />o <br />Main Street Re-Development/BusinessAttraction $150,000 <br />o <br />Retail Attraction, SEC of Spencer Hwy and Canada Road $200,000 <br />o <br />Staff Recommendation <br />Based upon the 4B Board’s priorities, existing capital constraints, and demand for capital by <br />other projects, Staff recommends that the 4B Board consider awarding an economic development <br />$275,000 <br />incentive toACT Turbo Independent Services, Inc. for . <br />Action Required by the La Porte Development Corporation Board: <br />Consider approval or other action to award an economic incentive grant to ACT Independent Turbo <br />Services, Inc.and authorize staff to create a development agreement. <br />Approved for the La Porte Development Corporation Agenda <br />Corby D. Alexander, City Manager Date <br /> <br />