Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Town Manager announces OCRA heat‑study award, two $20,000 small‑business loans and a failed EV charger grant application
Summary
Town Manager Sandie Jones said Nashville won an OCRA Beat the Heat Program award (IU to assist), announced two $20,000 small business loans closed last week leaving about $90,000 available, and said the town's EV charger grant application was rejected but will be resubmitted.
Town Manager Sandie Jones told the council the town received an OCRA Beat the Heat Program award; Indiana University will support evaluation of excessive heat areas and mitigation recommendations and staff invited council and residents to participate.
Jones said the town completed two small‑business loan closings last week; each business received a $20,000 loan under the town program, which allows loans up to $20,000 at a low interest rate with a five‑year repayment period. She reported approximately $90,000 remains available in the town's loan fund.
Jones also reported the town’s application for a grant to install two electric vehicle chargers in Old School Way was rejected; she said staff will reapply.
These announcements are informational and did not require formal council action during the meeting.
