6.d.
TCEDC Agenda
- Meeting Date:
- 11/19/2025
- Title:
- Approve a budget adjustment in the amount of $281,959.00 to support a bridge replacement project at Bayou Golf Course.
- Submitted For:
- Kristin Edwards
- Submitted By:
- Kristin Edwards, Economic Development
- Department:
- Economic Development
ACTION REQUEST (Brief Summary)
Approve a budget adjustment in the amount of $281,959.00 to support a bridge replacement project at Bayou Golf Course.
BACKGROUND
The Parks, Recreation and Tourism Department has approached the Texas City Economic Development Corporation to seek additional funding for the bridge replacement project at Bayou Golf Course. The EDC Board has been asked to consider an incentive grant in an amount not to exceed $281,959.00 for this purpose.
If approval is granted, staff will request a budget adjustment wherein the Finance Department would be authorized to transfer $281,959 from the undesignated fund balance (Fund 801) into the FY26 budget to provide the funds. An estimated $6,480,000 will be generated in revenue for the Economic Development Corporation this year.
If approval is granted, staff will request a budget adjustment wherein the Finance Department would be authorized to transfer $281,959 from the undesignated fund balance (Fund 801) into the FY26 budget to provide the funds. An estimated $6,480,000 will be generated in revenue for the Economic Development Corporation this year.
ANALYSIS
Approve a budget adjustment to Fund 801 from the undesignated fund balance in the amount of $281,959.00, to support a bridge replacement project at Bayou Golf Course.