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6.b.
TCEDC Agenda
Meeting Date:
05/29/2024
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 RC Williams Enterprises d/b/a Robco Services, located at 428 Texas Avenue. The applicant is requesting assistance with facade improvements, specifically to resurface the front elevation of the building which is leaking during rain events.
Total costs are estimated at $26,000. 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 Robco Services for an amount not to exceed $15,000.
ALTERNATIVES CONSIDERED
Attachments
BIG Grant - Robco
BIG Grant - Robco - Proof of ownership
Big Grant - Robco - Quote
Resolution
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