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Casper asked to support Economic Development Joint Powers Board application for $25 million Radiance infrastructure package
Summary
City staff told council that the Economic Development Joint Powers Board is applying to the Wyoming Business Council for up to $25 million in phased infrastructure support for a proposed Radiance development; the city is being asked only for a resolution of support, not funding or co‑applicant status.
City staff told the Casper City Council that the Economic Development Joint Powers Board will apply to the Wyoming Business Council for a phased infrastructure package tied to Radiance's proposed development, and asked the council to consider a resolution of support to accompany the application.
Justin, a representative of Advanced Casper/Economic Development Joint Powers Board, said the Wyoming Business Council "floated" a $25,000,000 package to entice Radiance's location and that the application process requires a nimble applicant. "The $25,000,000 was floated by the Wyoming Business Council to, entice, obviously, Radiance location," Justin said. He described the funding as phased: the first phase is roughly $8,000,000 in infrastructure with a 1% match (about…
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