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Council hears proposal to offer up to $500,000 in sewer/water economic development grant for Balliscor site
Summary
Economic development staff presented a request to award up to $500,000 in sewer and water economic development funds on a reimbursement basis to support Balliscor’s first-phase manufacturing site; council treated the item as information only and asked staff to bring it back for formal action Wednesday.
Economic development staff on Aug. 11 briefed the council on a proposed sewer and water infrastructure reimbursement grant of up to $500,000 to support Balliscor’s planned manufacturing facility on Ferry Street.
Sophie Adams, economic development manager, said the sewer-and-water economic development funds date to 2003 and are intended to offset infrastructure costs for job‑creating projects.…
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