6.d.
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 Main Street Commercial Properties for property located at 3310 Palmer Highway, the future location of a Dunkin Donuts. The applicant is requesting assistance for exterior walls ($13,850), an additional door and glass glazing ($56,345), ramps, railings and canopies ($52,000), as well as landscaping, concrete work, and more.
Per the attached estimate, the total cost of the proposed exterior renovations is $122,195. Main Street Commercial Partners is requesting a $15,000 match.
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 proposed exterior renovations is $122,195. Main Street Commercial Partners is requesting a $15,000 match.
Funds are available in the City of Texas City’s FY2025-26 annual budget from the Texas City Economic Development Corporation, Fund 801.
ANALYSIS
Approve Business Improvement Grant (BIG Grant) for repairs to 3310 Palmer Highway in an amount not to exceed $15,000.