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Live Oak EDC approves $5,000 visual-improvement payment for Madera Apartments

2159101 · January 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Live Oak Economic Development Corporation voted to approve Resolution 2025-1 to authorize a $5,000 payment directly to Pegasus Contracting to support exterior repairs and painting at Madera Apartments, located at 13101 East Loop 1604.

The Live Oak Economic Development Corporation on Jan. 28 approved a resolution authorizing a $5,000 payment directly to the contractor Pegasus Contracting to support a visual improvement project at Madera Apartments, 13101 East Loop 1604.

The action matters because the EDC’s Visual Improvement Program (VIP) subsidizes exterior repairs that the corporation says help maintain business and housing stock along major corridors; the board approved a single, $5,000 contribution toward an $82,100 project the applicant said will repair and repaint metal stair railings and second-floor balconies.

Donna Louder, Economic Development staff, presented the application and said the work will include scraping, cleaning and painting 26…

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