The Port Isabel City Commission, at a special meeting Monday, authorized Port Isabel Economic Development Corporation to apply for approximately $2.4 million of loan funds through the Office of the Governor to develop a culinary arts institute.
The funding would be doled out over a 15-year period with no prepayment penalty to be used for re-purposing the Yacht Club Hotel and restoring the landmark to its original glory.
The proposed facility will include five classrooms and three kitchens for the culinary program. The fully-accredited institute is expected to create new jobs; and the school is projected to serve between 92 to 115 full-time students.
Construction/renovation plans call for: structural repairs to the foundation; floor; roof framing.