Approve a 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. Staff has received a completed application from One Stop Testing and Wellness, located at 2314 Palmer Highway. The applicant is requesting assistance for a new exterior sign, sized 60’’ by 120’’. Per the attached estimate, the total cost of this item is estimated to be $1,290.75.
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 Business Improvement Grant (BIG Grant) for One Stop Testing and Wellness for an amount not to exceed $15,000.