A notice of public hearing & 60 day Comment Period on the use of type b funds for the Small Business Investment Program.
The San Benito EDC, hereby gives notice, pursuant to the Texas Local Government Code, Sec. 505.160, will conduct a sixty (60) day comment period that opened on February 22, 2019 and will close on April 22, 2019 for the consideration to use type b sales tax funds for the following project/activity:
The Small Business Investment Program in the amount of $83,000 for Fiscal Year 2019 (October 1, 2018 to September 30, 2019). Requested funds will be used to offer financial assistance to businesses that would like to open or relocate their operations or expand their operations into the Downtown designated corridor.
The Small Business Investment Program supports the following grants:
Commercial Façade Improvement Grant will provide financial assistance to property owners or business tenants in downtown San Benito, seeking to renovate or restore storefront facades, signage, or paint;
Rent Subsidy Program will provide assistance to key business activities (retail, dining/arts/entertainment) that choose to locate within the San Benito Downtown designated corridor.
The goals of the Small Business Investment Program encourage property investment that directly relates to improving the aesthetics of building and places in the designated/eligible areas of San Benito, TX; Expand business employment opportunities in existing and deteriorated structures; Enhance the visitors experience within our city attractions that are within the designated/eligible corridor; Help new an existing businesses succeed by enhancing their curb appeal; Increase commercial property values; and increase sales and/or revenue for the property owner or tenant.
A public hearing is scheduled for Thursday, March 31, 2019 at 5:30 PM at the Cesar Gonzalez Meeting room located inside City Hall, 401 North Sam Houston Blvd, San Benito, TX 78586. Note that funding for the Small Business Investment Program requires approval by the San Benito EDC Board of DIrectors and the San Benito City Commission.
For additional information, the public may contact Rebeca Castillo, EDC Executive Director, via email at firstname.lastname@example.org or via phone at (956) 361-3804 Ext 304. The public is encouraged to attend. Accommodations for individuals with handicap/disabilities shall be provided upon calling (956) 361-3804 Ext 304.
NOTICE OF PUBLIC HEARING AND 60 DAY COMMENT PERIOD ON THE USE OF TYPE B FUNDS FOR THE SMALL BUSINES INVESTMENT PROGRAM (CLICK ON TITLE TO ACCESS NOTICE IN PDF VERSION)