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La Porte Development Corporation ends Dimension Comics contract, approves Retail Strategy agreement
Summary
The La Porte Development Corporation reported it terminated a contract with Dimension Comics for failing to meet sales-tax benchmarks and approved a three-year $150,000 contract with Retail Strategy to support local economic development.
At its meeting, the La Porte Development Corporation reported that it terminated a contract with Dimension Comics because the vendor failed to meet sales-tax and other performance benchmarks. The board also approved funding for a three-year, $150,000 contract with Retail Strategy.
A board representative said the contract termination reflected lack of sales-tax performance and other challenges to meeting benchmarks. The Retail Strategy contract was approved to assist with retail recruitment and strategy over a three-year engagement; next meeting was scheduled for Oct. 27 if needed.
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