The State Loan and Investment Board (SLIB) considered two Business Ready Community (BRC) grant requests and approved one during its Oct. 3 quarterly meeting at 8 a.m. in the WYDOT Auditorium, 5300 Bishop Blvd., in Cheyenne.
Board meeting materials are available for review at http://wyomingbusiness.org/slib.
BUSINESS READY COMMUNITY (BRC) GRANT APPLICATIONS
Business Council staff review each application, conduct site visits, or conference calls in the case of planning grants, and make presentations to a board subcommittee before making final recommendations to the full board.
About the Program: The Wyoming Business Council administers the Business Ready Community grant and loan program, which provides financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development within Wyoming communities.
The Business Council board is required by statute to forward BRC grant and loan recommendations to the State Loan and Investment Board (SLIB) for final approval. The SLIB is comprised of the five statewide elected officials: the governor, secretary of state, state auditor, state treasurer and state superintendent of public instruction.
The SLIB made final decisions on Oct. 3.
Community Development - Readiness
- Town of Alpine requests a $2,300,370 grant for a modular wastewater pretreatment system and sludge handling facility at the town's wastewater treatment plant. The pretreatment system will have the ability to accommodate the current and future organic waste from the Melvin Brewery as well as future commercial and industrial developments. (SLIB recommended funding up to the full amount contingent upon award notification of Alpine's application for funding through the U.S. Department of Commerce - Economic Development Administration. If funding is awarded, the BRC awarded funds will be reduced accordingly.)
Community Development - Enhancement
- City of Casper requests a $500,000 grant phase III to restore 13.5 miles of the North Platte River and its banks that traverse Casper. Funds will be used to enhance channel form and function; improve fish and wildlife habitat; stabilize eroding banks; improve passive treatment of storm water; and improve aesthetics along a 2,700-foot segment immediately downstream of the former BP-Amoco Refinery. Funds will also be used to purchase a portion of property and construct a boat dock at the river's intersection with West B Street. (SLIB did not recommend funding.)
For more information about these projects, visit the Wyoming Business Council website, www.wyomingbusiness.org, or call 1-800-262-3425.