The State Loan and Investment Board (SLIB) approved a $484,000 Business Ready Community (BRC) grant request to Sundance Thursday during its quarterly meeting.
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 comprises the five statewide elected officials: the governor, secretary of state, state auditor, state treasurer and state superintendent of public instruction.
Community Development - Enhancement
- City of Sundance requested a $484,000 grant to develop a central park on the former Crook County School District Administration building site located adjacent to the Old Stoney building in Sundance. The Administration building was demolished with funds from the Legislature, and the reclaimed four-block area would include a historic walking path, playground, water feature, landscaping and covered stage area. (SLIB approved full funding.)