SLIB approves over $22 million in grants for Wyo. Communities
by Wyoming Business Council
January 9, 2009
(Cheyenne) - The State Loan and Investment Board (SLIB) approved over $22 million in grants for Wyoming communities at its meeting today in Cheyenne.
SLIB reviewed 20 Business Ready Community (BRC) requests, approving full funding of 18 grant applications, one loan, and partial funding for one application. Please visit www.wyomingbusiness.org for in-depth profiles of all projects.
The Wyoming Business Council Board of Directors recommended the SLIB approve the funding during its Dec. 4, 2008 meeting. The Business Council, which administers the BRC program, is required by statute to forward Business Ready Community and Community Facilities grant recommendations to the SLIB for final approval. The SLIB is made up of the five statewide elected officials: Gov. Dave Freudenthal, Secretary of State Max Maxfield, State Treasurer Joe Meyer, State Auditor Rita Meyer, and State Superintendent of Public Instruction Dr. Jim McBride.
SLIB approved the following:
JOHNSON COUNTY/BUFFALO JOINT POWERS BOARD – $202,492 BRC grant, with a community match of $10,658 to construct a sewer lift station and sewer infrastructure.
DUBOIS – $704,900 BRC grant, with an in-kind match of $1,763,657 for water and sewer infrastructure to further develop land targeted for healthcare related businesses.
ENCAMPMENT – $1.5 million BRC grant, with an in-kind match of $169,075 to purchase a former sawmill site and put in the necessary infrastructure to develop it into an industrial park.
STAR VALLEY RANCH - $1,376,625 BRC grant, with a community match of $152,958 for commercial infrastructure improvements and realignment of an intersection.
UPTON – $2,042,469 BRC grant, with a community match of $226,941 to improve the water and sewer service in the Upton Regional Industrial Site.
LARAMIE REGIONAL AIRPORT JOINT POWERS BOARD - $1.5 million BRC grant, with a community match of $316,770 to expand infrastructure for the Professional Airpark and research center to accommodate both aviation and non-aviation related businesses.
FREMONT COUNTY – $1.5 million BRC grant, with a community match of $171,000 to purchase and renovate the former Alco building.
JACKSON AIRPORT BOARD – $1.5 million BRC grant and a $1.5 million BRC loan for Phase I of the Jackson Hole Airport Terminal improvement project. The total project cost is $22.5 million. The community match is over $14 million.
WAMSUTTER - $1,327,500 BRC grant, with donations and in-kind matches totaling $247,500 to construct a commercial building to house a future grocery store and bank, and provide additional retail space.
AMOCO REUSE AGREEMENT JOINT POWERS BOARD – $4.5 million in BRC funds to renovate the former AMOCO administration building and construct a 30,000 square foot addition to house the Innovation Center, a business incubator. The total project cost is $10.5 million. The community match is over $5 million, composed of donations and in-kind grants.
SENIOR AND CHILD CARE PROJECTS:
SHERIDAN - $891,217 BRC grant, with a community match of $99,024 for improving the road and utilities for the Green House Living in Sheridan – Alternative Elder Living, Inc.
MAIN STREET PROJECTS:
RAWLINS - $1,485,000 BRC grant, with donations and in-kind matches totaling $165,000 to rehabilitate a downtown building for the Rainbow Te-Ton Entrepreneur Center.
CHEYENNE – $500,000 BRC grant, with donations and in-kind matches totaling $1,789,193 for Phase I of development of the David R. Romero South Cheyenne Community Park project.
GREEN RIVER – $500,000 BRC grant, with a community match of $500,000 for enhancements, to the whitewater park project.
RIVERTON - $500,000 BRC grant, with donations and in-kind matches totaling over $6 million for improving access on Highway 26 to the Riverton Tribal Center.
JACKSON - $500,000 BRC grant, with a community match of $4.5 million for a visitor’s center at the Home Ranch parking lot.
SARATOGA – The board recommended the SLIB approve partial funding of Saratoga’s $283,300 BRC grant request for improvements to the bath house at the Hobo Pool. The project has donations and in-kind matches totaling $52,320. The Business Council board also approved partial funding of Saratoga’s CDBG grant request in the amount of $273,500.
PARK COUNTY - $500,000 BRC grant, with donations and in-kind matches totaling $766,697 for improvements to the Sleeping Giant Ski Area.
The mission of the Wyoming Business Council is to facilitate the economic growth of Wyoming. For more information, please visit our Web site at www.wyomingbusiness.org.