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Kittitas County to consider final report on technology transfer center feasibility study with Central Washington University
Summary
Public Works presented a completed feasibility study and capital-stacking plan for a technology transfer center (the 'old heat' building) with an estimated capital need of about $10 million; staff will bring a bundled final report, capital plan and grant materials to a future meeting for adoption.
Kittitas County Public Works updated commissioners on a feasibility study conducted with Central Washington University for a technology transfer center in the county’s old heat building. Staff completed a capital-stacking plan and grant-supporting documentation and plan to present the bundled final report to the board for formal adoption at a future meeting.
Josh Fredrickson said the study was funded in part by the Washington State Community Economic Revitalization Board and matched with distressed county sales-and-use-tax funds. The capital-stacking plan estimates roughly $10,000,000 in total capital needs, with the project divided into phases and potential funding from public–private partnerships, state grants and local contributions. "That capital stacking plan recognizes an estimate of probably about $10,000,000," Fredrickson said.
Fredrickson said the documentation includes timelines and cost breakdowns to support grant applications and to help craft a phased approach to occupy and activate the building; staff will return with the final package for adoption and to close out the grant deliverables.
