6.c.
TCEDC Agenda
- Meeting Date:
- 10/15/2025
- Title:
- Approve Business Improvement Grant (BIG Grant) in an amount not to exceed $15,000.
- Submitted For:
- Kristin Edwards
- Submitted By:
- Kristin Edwards, Economic Development
- Department:
- Economic Development
ACTION REQUEST (Brief Summary)
Approve Business Improvement Grant (BIG Grant) in 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. Staff has received a completed application from Bamko Surplus Process Equipment for property located at 1812 Texas Avenue. The applicant is requesting assistance for the installation of a wrought iron fence and landscaping, requirements of the Gateway Overlay District.
Per the attached estimate, the total cost of the fencing, shrubbery and labor was $12,000.
A 50% match of this amount would be $6,000. Funds are available in the City of Texas City’s FY2025-26 annual budget from the Texas City Economic Development Corporation, Fund 801.
Per the attached estimate, the total cost of the fencing, shrubbery and labor was $12,000.
A 50% match of this amount would be $6,000. Funds are available in the City of Texas City’s FY2025-26 annual budget from the Texas City Economic Development Corporation, Fund 801.
ANALYSIS
Consider approval of a Business Improvement Grant (BIG Grant) for repairs to 1812 Texas Avenue in an amount not to exceed $6,000.