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- District 23 Street Paving - EDC Project
District 23 Street Paving - EDC Project
Funding
Project Description
Street paving for the development of a 22-acre light industrial park adjacent to South 14th Street between West “D” and West “G” Streets (Sector 23 Area).
First Quarter FY 14-15
This project is still pending. The 4B Board is currently waiting for the owner of the Sector 23 Project to comply with requirements of the City’s Planning/Engineering Department, enter into a development agreement with the 4B Board, complete the proposed project, and then request payment per the terms of the development agreement.
Second Quarter FY 14-15
The Board of the La Porte Development Corporation voted on Monday, 9 February 2015, to remove the offer of $175,000 for this project and return the funds to the LPDC’s General Fund Balance.
| Budget | Expenditures |
Encumbrances | Budget Remaining |
|
|---|---|---|---|---|
| Fiscal year 10-11 |
$175,000 |
|||
| Fiscal Year 11-12 |
||||
| Fiscal Year 12-13 |
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| Fiscal Year 13-14 |
||||
| Fiscal Year 14-15 |
||||
| Total |
$175,000 | $175,000 |
Project Description
Street paving for the development of a 22-acre light industrial park adjacent to South 14th Street between West “D” and West “G” Streets (Sector 23 Area).
First Quarter FY 14-15
This project is still pending. The 4B Board is currently waiting for the owner of the Sector 23 Project to comply with requirements of the City’s Planning/Engineering Department, enter into a development agreement with the 4B Board, complete the proposed project, and then request payment per the terms of the development agreement.
Second Quarter FY 14-15
The Board of the La Porte Development Corporation voted on Monday, 9 February 2015, to remove the offer of $175,000 for this project and return the funds to the LPDC’s General Fund Balance.