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6.a.

TCEDC Agenda

Meeting Date:

08/20/2025

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 James Kelly II for his property located at 917 and 921 5^th Avenue N. The applicant is requesting assistance for exterior renovations to the two buildings, including installation of impact-resistant windows, replacement of exterior brick, metal awnings, exterior lighting, fencing, façade preparation/painting/sealing, and more.

Per the attached estimates, the total cost of these exterior repairs is estimated to be $81,000. As this amount exceeds $30,000, Mr. Kelly would request the full $15,000 match per the program guidelines.

Funds are available in the City of Texas City's FY2024-25 annual budget from the Texas City Economic Development Corporation, Fund 801.

ANALYSIS

Approve the Business Improvement Grant (BIG Grant) for repairs to 917 and 921 5^th Avenue N in an amount not to exceed $15,000.

ALTERNATIVES CONSIDERED

Attachments

BIG application and materials

Resolution