WBC Will Discuss Four Local Grants March 9-10

WBC Will Discuss Four Local Grants March 9-10

CHEYENNE – The Wyoming Business Council Board of Directors will consider 15 Business Ready Community (BRC) grant requests and officially recognize Torrington’s work to certify its Eastside Industrial Park during its March 9-10 meeting.

Torrington worked with McCallum Sweeney Consulting, a national business management consulting firm, to ensure its business park was ready for companies to relocate.

Media members are invited to a March 9 ribbon cutting ceremony for the project attended by board members and community leaders. The ceremony is part of an economic development tour of the town that includes the area airport, Goshen Care Center, Eastern Wyoming College and other locations.

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The Business Council board meets 8 a.m. on March 10 at the Lincoln Center to discuss the BRC requests. Board members will also elect 2016 officers.

The State Loan and Investment Board will make final decisions on BRC project requests at its 8 a.m. meeting on April 7 in Room 1699 of the Herschler Building in Cheyenne.

If unable to attend the March 10 meeting in person, please register for the live video feed athttp://bit.ly/1pnVeNJ

Those who wish to listen via telephone may call 855-459-2716.

If you wish to speak during the meeting, please call Executive Assistant Linda Hollings at 307-777-2803 or send email to wbcmeeting@wyo.gov prior to 4 p.m. March 8. Please state your name, the topic about which you would like to speak and the phone number from which you will call so you can be unmuted at the appropriate time.

Board meeting materials are available for review at http://bit.ly/1OyePEp.

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 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.

Business Committed

  • Alpine requests a $2,873,798 Business Committed grant for the purchase of 3.6 acres of undeveloped land, construction of a 20,000 square-foot building to house a distillery, extend and upgrade an existing road to the property, and extend an 8-inch water main loop to improve fire suppression supply and system reliability. The project will create 30 jobs, make 8.3 acres available for future development in Alpine and improve access for the Melvin Brewing plant and Palisades Lake, a local recreation area. (Staff recommends funding in full contingent upon changes to building lease and purchase agreements)

 

Community Readiness applications

  • Sweetwater County requests a $2,480,769 Community Readiness grant to add infrastructure to the Sweetwater Events Complex (SEC) located northwest of downtown Rock Springs. The project will position the Sweetwater Events Complex to compete for large-scale equestrian events like the National High School Finals Rodeo, which produced an annual impact of $7,534,345 between 2012 and 2015. (Staff recommends funding in full)
  • Kemmerer-Diamondville Water and Wastewater Joint Powers Board requests a $555,914 Community Readiness grant to design and construct a 2,890-foot, 18-inch redundant transmission line. The South Lincoln County Economic Development Board asserts the water line is critical to ensure uninterrupted water supply and to protect the stability of the businesses and communities of Kemmerer and Diamondville in general. (Staff recommends funding in full)
  • Green River requests a $1,297,000 Community Readiness grant to replace a 50-year-old lift station with one that will increase capacity intended to accommodate potential future need. The area served by the lift station is to be marketed to business and industry as part of a reinvestment and targeted infill strategy. (Staff recommends funding in full)
  • Rock Springs-Sweetwater County Airport JPB requests a $3,000,000 Community Readiness grant to construct a new general aviation terminal and hangar at the Rock Springs/Sweetwater County Airport located to the east of Rock Springs just south of Interstate 80. Replacing the small, outdated facilities is key to attracting new business to the airport and providing support facilities. Airport officials anticipate the creation of seven jobs at a median wage of $19.46. (Staff does not recommend funding)
  • Evanston requests a $3,000,000 Community Readiness grant to stabilize and partially rehabilitate the remaining three sections of the community’s historic railroad roundhouse building. The town intends to market the remaining sections for business development. (Staff does not recommend funding)
  • Campbell County requests a $2,538,461 Community Readiness grant to construct a 30,000 square-foot, multiple-use aircraft hangar at the Gillette-Campbell County Airport. A new hangar will let the fixed-base operator expand services to aircraft including allowing companies to store aircraft overnight, which will translate to increased storage fees and fuel sales, plus lodging, meals and retail in town. (Staff does not recommend funding)

Community Readiness Downtown Development

  • Guernsey requests a $750,000 Downtown Development grant.  The project will restore the Culver Hotel on North Wyoming Avenue, Guernsey’s main street. The project is expected to create seven jobs in the first three years in addition to making two lots marketable for commercial purposes. (Staff recommends funding in full)
  • Sheridan requests a $2,000,000 Downtown Development grant to renovate the Hallmark building (50 N. Main St.) located north of the WYO Theater (42 N. Main St.) and integrate it into the WYO Performing Arts and Education Center. The project is expected to expand downtown visits and business activity. (Staff does not recommend funding)

Community Enhancement

  • Wright requests a $190,000 Community Enhancement grant to add infrastructure for RV camping spots and to construct 20 permanent horse stalls at the Southern Campbell County Agriculture Complex located on the western edge of Wright, just south of Highway 387. The improvements are designed to attract multi-day events capable of increasing sales, fuel and lodging tax revenues for the energy-dependent local economy. (Staff recommends funding in full)
  • Superior requests a $500,000 Community Enhancement grant to renovate its only public building. Construction will provide the public gathering and recreations space, in addition to allowing the town to use the facility as an emergency shelter. (Staff recommends funding in full)
  • Upton requests a $386,047 Community Enhancement grant to improve the city park infrastructure. The project is expected to improve quality of life and bolster business recruitment. (Staff does not recommend funding)

BRC Planning

  • Hulett requests a $25,000 planning grant to develop a plan for a new health clinic. (Staff does not recommend funding)
  • Sinclair requests a $25,000 planning grant to determine the feasibility and costs of reopening the historic Parco/Sinclair Theatre. (Staff does not recommend funding)
  • Campbell County requests a $25,000 planning grant for a business and industrial park feasibility study. The county owns 250 acres with varying terrain and wishes to develop a plan for infrastructure and feasible uses. (Staff does not recommend funding)