Blunt Announces $248,550 Industrial Infrastructure Grant for Callaway County under the Community Development Block Grant Program
FULTON, MO – December 19, 2008 – (RealEstateRama) — Gov. Matt Blunt today announced that Callaway County has been awarded a $248,550 Industrial Infrastructure Grant for road infrastructure improvements under the Community Development Block Grant (CDBG) program.
The Industrial Infrastructure Grant will aid Callaway County in providing public infrastructure needed to assist in the development of Sinclair Research Center, Inc.’s facility. Sinclair will create at least $2.6 million in private investment and 25 new full-time jobs within two years.
The project will have a significant economic benefit for Callaway County and the surrounding area.
The CDBG Industrial Infrastructure Grant assists local governments in the development of public infrastructure that allows industries to locate new facilities, expand existing facilities, and prevent the closing of a facility or the relocation of a facility outside the state. Projects can only be in a “non-entitlement” area — a city under 50,000 in population or a county under 200,000 in population.
Grant funds may be used for public streets, water or sewer lines, engineering and other public facilities necessary to support the project. A public entity must own the facilities to be funded. Facilities owned by the company or a private utility are not eligible for funding.
Contact:
Keener A. Tippin II
(573) 751-9065
