6.a.
TCEDC Agenda
- Meeting Date:
- 05/29/2024
- Title:
- Consider approval of Business Improvement Grant.
- Submitted For:
- Kristin Edwards
- Submitted By:
- Kristin Edwards, Economic Development
- Department:
- Economic Development
ACTION REQUEST (Brief Summary)
Approve Business Improvement Grant (BIG Grant) for an amount not to exceed $15,000.
BACKGROUND
In October 2023, the Texas City Economic Development Corporation established the Business Improvement Grant (BIG Grant) to assist local businesses with a range of improvements.
The staff have received a completed application for the BIG Grant from R. B. Mosher Co., located at 5902 FM 517 Rd. E., Texas City, TX 77539. The applicant is requesting assistance with landscaping, exterior lighting improvements and fencing improvements.
Total costs are estimated at $24,000 maximum. Funds are available in the City of Texas City’s FY2023-24 annual budget from the Texas City Economic Development Corporation, Fund 801.
The staff have received a completed application for the BIG Grant from R. B. Mosher Co., located at 5902 FM 517 Rd. E., Texas City, TX 77539. The applicant is requesting assistance with landscaping, exterior lighting improvements and fencing improvements.
Total costs are estimated at $24,000 maximum. Funds are available in the City of Texas City’s FY2023-24 annual budget from the Texas City Economic Development Corporation, Fund 801.
ANALYSIS
Approve Business Improvement Grant (BIG Grant) for R. B. Mosher Co. for an amount not to exceed $15,000.