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6.f.

TCEDC Agenda

Meeting Date:

10/16/2024

Approve Business Improvement Grant (BIG Grant) in an amount not to exceed $8,843.10

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 $8,843.10

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 have received a completed application for the BIG Grant from Barbie Tucker, property owner for Gus’ Restaurant, which is located at 3503 Palmer Highway. The applicant is requesting assistance with signage, plumbing repairs and carpet installation. Total costs are estimated at $2,814.50 for signage (exterior improvements). Total costs are estimated at $6,028.60 for plumbing repairs and carpet installation (interior improvements).

Funds are available in the City of Texas City’s FY2023-24 annual budget from the Texas City Economic Development Corporation, Fund 801.

This item was brought before the Board on September 18, 2024, and tabled until the applicant could provide additional documentation with their application.

ANALYSIS

Approve a Business Improvement Grant (BIG Grant) for Gus’ Restaurant for an amount not to exceed $8,843.10.

ALTERNATIVES CONSIDERED

Attachments

BIG Grant - Gus

Owner letter - Gus

Resolution