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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Agenda Date Requested: 9 December 2013 <br />Requested By: irntt n_ 1,ivingctnn <br />Department: Administration/Economic Development <br />Report: Resolution: Ordinance: <br />Exhibit: Project Facts and Figures <br />Exhibit: Richard Industrial Group Flyer <br />Exhibit: Public Hearine Notice <br />Budget <br />Source of Funds: 4B Board <br />Account Number: 038 <br />Amount Budgeted: N/A <br />Amount Requested: $15,000 <br />Budgeted Item: YES NO <br />SUMMARY & RECOMMENDATION <br />The Richard Industrial Group (RIG) (wwwxig-rds.com) is a full-service engineering, <br />procurement, and construction firm that has completed projects for Chevron Phillips, LLC, <br />Enterprise Product Partners, LP, ExxonMobil, Firestone Polymers, Flint Hills Resources, Hess, <br />Honeywell, INEOS Phenol, Motiva Enterprises, LLC, Panther Companies, Sunoco Logistics, <br />Total, and Valero to name a few. With a reputation for integrity and reliability, the Richard <br />Industrial Group offers some of the industry's top talent through a family of four companies that <br />capture synergies and integrate services across the full spectrum of any project. <br />The Richard Industrial Group (RIG) currently has offices in Baton Rouge, LA, and three <br />locations in Texas: (West) Houston, Beaumont, and Huffman. Due to the investment and <br />growth of the companies in the area surrounding the Houston Ship Channel, RIG wanted to open <br />a new office in the ship channel area. RIG recently signed a 3 year lease for 7,500 square feet <br />with the first right of refusal on an additional 3,500 square feet of office space at 1200 SH 146 in <br />La Porte, Texas. The initial space will house a new engineering office to establish a presence on <br />the ship channel. Over the next 2 years, while the engineering office is working to develop <br />market share in the area, RIG will search for undeveloped land sites in the Bayport Industrial <br />District upon which to construct a permanent, brand new facility in year #3. [Note: More <br />information is provided about RIG's future plans beyond year 43 after the Incentive Request at <br />the conclusion of this summary.] <br />However, over the next 3 years, RIG plans to relocate and/or hire 90 full-time employees with <br />full (medical, dental, and 4011) benefits: <br />By the End of 2013 Relocated New Hires Total <br />Managers 2 6 8 <br />Admin 0 2 2 <br />Engineers 1 5 6 <br />Designers 5 7 10 <br />Total Employment by the End of 2013: <br />26 <br />E <br />