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GEN993 – Façade Enhancement Grant <br /> <br />Account Number: 0159892-993Budget <br />Funding:BudgetExpendituresEncumbrancesRemaining <br />Fiscal Year 09-10$ 200,000$ -$ - <br />Fiscal Year 10-11 - 6,179 - <br />Fiscal Year 11-12 - 25,000 - <br />Fiscal Year 12-13 - 32,780 - <br />Fiscal Year 13-14 100,000 17,611 - <br />Fiscal Year 14-15 - 34,339 - <br />Fiscal Year 15-16 107,669 50,925 - <br />Fiscal Year 16-17 - 19,932 - <br />Fiscal Year 17-18 - - - <br />Fiscal Year 18-19 - 28,504 - <br />Fiscal Year 19-20 - - - <br />Fiscal Year 20-21 - - - <br />Total$ 407,669$ 215,270 $ -$ 192,399 <br /> <br />P ROJECT D ESCRIPTION <br />Governed by the Community Development Corporation (EDC) and much like the Community Coop <br />projects, Façade Enhancement Grants are not technically Capital Improvement Projects. Grants <br />and/or matching funds are made available to business owners throughout the City of La Porte to <br />enhance existing building design. Acceptable components of an application are painting, new exterior <br />materials, signage, parking lot improvements, and landscaping, but the Board looks for complete <br />projects, applications using multiple of the accepted components. Applicants can receive a matching <br />reimbursement grant up to $25,000 with Board approval or $50,000 with approval from the Board and <br />City Council. Owners and tenants may be eligible for the reimbursement grant as incentive to partner <br />with the City of La Porte to achieve a mutual goal of visually enhancing their business. Grants are <br />limited to $50,000 per property over three years. <br /> <br /> <br />F IRST Q UARTER FY 20-21 <br />Staff received two applications for the Enhancement Grant Program, Boats Etc. and Precision Auto <br />th <br />Repair, which will be presented the La Porte Development Board on January 25 for consideration. <br /> <br />S ECOND Q UARTER FY20-21 <br />On January 25, 2021, the La Porte Development Corporation Board approved two (2) enhancement <br />grant applications during the second quarter 20-21. The Board approved a grant to Boats Etc. in the <br />amount of $12,491.41 for the building and sign enhancements to the business. Additionally, the Board <br />approved a grant to Precision Auto Repair in the amount of $26,226.54 for the building and sign <br />enhancements to the business. <br />39 <br /> <br />