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2025-R-113

A Resolution of the City Council of the City of Laredo, Texas authorizing the City Manager to submit a grant pre-application in the amount not to exceed $1,000,000.00 to The Economic Development Administration (EDA) for the 2025 Economic and Infrastructure Development (EID) Grant Program to support facility improvements to El Mercado building for the purpose of creating economic development programs and projects. Grant has a 20% matching requirement not to exceed $200,000.00. This notice of funding opportunity is on a reimbursement basis.

Resolution Passed Introduced April 4, 2025
Committee
City Council
Requested by
Economic Development
Introduced
April 4, 2025
On agenda
April 22, 2025
Passed
April 22, 2025

Where it was heard

City Council Apr 22, 2025 approve as amended Pass