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Woods County approves $35,000 annual contribution after economic development presentation
Summary
The Board of County Commissioners voted to pay $35,000 to the county economic development program after an update from Jeremy Miller on ARPA-funded site-preparation, a USDA revolving loan fund and plans for a new industrial park.
The Woods County Board of County Commissioners voted to pay $35,000 to the county economic development program following an interview with Jeremy Miller, a representative of the Industrial Economic Development Authority, who outlined grant-funded site-preparation work, a revolving loan fund and recruitment efforts for a new industrial park.
Miller told commissioners the county contribution is “the main reason is to secure the 35,000 that we get annually from the county commissioners.” He said that county support acts as an anchor to leverage additional funding for local projects.
Miller said the Industrial Economic Development Authority has secured large grant awards and other financing, including “50,000,000 through ARPA and 5,000,000 through prep.” He described ARPA funding as targeted…
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