02-07-11 Special Called Regular Meeting and Workshop Meeting of the La Porte Development Corporation Board of Directors

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BUSINESS. DAY. • That the project will complement the surrounding buildings • That the project will add value to the City of La Porte 7. Grant applications and awards can be made in any of the reimbursable activities described above and may be combined for any single property or project. An applicant is defined as an owner, tenant, or combination thereof occupying an eligible property within the Main Street District. A single owner of multiple properties may apply for grant funds for each property owned but the match must be for no less than $2,500, and the owner may not receive more than $25,000 per property in a three (3) year period. APPLICATION PROCESS 1. Determine eligibility: Discuss project plans with Main Street /Economic Development Coordinator. Coordinator will set up a pre - development meeting with the EGEC. 2. Fill out the application and sign the agreement form. All grant applications must include the following: a. A scale drawing by the project architect or design professional of all grant work. b. Samples —e.g. paint samples, fabric swatches, sign material, etc. —that will enable the EGEC to envision the finished project. c. Itemized work estimates on all project work from contractors or project architects. Self- contracted work will be reimbursed for actual legitimate expenses, excluding labor. d. Photographs of the building's exterior. The Applicant shall be required to provide before and after photographs of the building before the reimbursement grant can be awarded. For the initial application, before photographs will suffice, but photographs of the completed project must be submitted before the grant can be considered for approval. 3. Return the completed application form, with all applicable items, to the Economic Development Office, 604 W. Fairmont Parkway, La Porte, TX 77571. 4. Application will undergo an approval process, which includes but is not limited to the following: a. All projects must meet current building standards and codes, as well as building permit requirements. b. The EGEC will only consider applications that have been properly and fully completed and which contain all information requested in the application and /or by the committee. c. All construction bids submitted by the Applicant must be current and must be dated no earlier than ninety (90) days prior to the Application request. Bids shall be submitted on the contractor's or project architect's letterhead and shall contain the contractor's name, address, and telephone number and shall itemize the bid in a manner that allows the EGEC to determine the bid components and authenticity of the bid. ENHANCEMENT GRANT PROGRAM DESCRIPTION, PAGE 2