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04-25-16 Meeting of the La Porte Development Corporation Board of Directors
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04-25-16 Meeting of the La Porte Development Corporation Board of Directors
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4/26/2016 9:59:22 AM
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La Porte TX
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Agenda PACKETS
Date
4/25/2016
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All employees will receive 401k, dental, medical, and vision benefits. Medical, dental <br />and vison are paid by the company at68%. A 401k program along with education <br />assistance program are also included in theoverall benefits package. <br />Northern Safety has several options to place its Gulf South Regional Headquarters.The <br />proposed facility, regardless of its location, will require a limited amount of incentives to <br />ensure the success of the facility. A portion of thelocation decision will be based on the <br />values of the incentives offered to Northern Safety. <br />Staff Recommendation <br />Staff recommends that the 4B Board consider awarding an economic development incentive to <br />not to exceed $300,000 <br />Northern Safety and Industrial for an amount . <br />Action Required by the La Porte Development Corporation Board: <br />Consider approval or other action authorizing staff to publish 60 day public notice of a public <br />27 June 2016 <br />hearing, tentatively scheduled for 5:00 pm on Monday, , to consider awarding an <br />economic incentive grant to Northern Safety & Industrial, Inc. for an amount not to exceed <br />$300,000 <br />. <br />Approved for the La Porte Development Corporation Agenda <br />Corby D. Alexander, City Manager Date <br />2 <br />69 <br />
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