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Jamestown reports CDBG closeout and expected local hires tied to project

City of Jamestown · October 18, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council reported finalization of a Community Development Block Grant project (reduced employment requirement met) and said new equipment installation could prompt hiring of several more workers next year.

Council members said the Community Development Block Grant tied to a local project has been finalized after the grantee met an adjusted employment threshold.

The Chair reported that the grant condition requiring 14 employees was adjusted to 13, the project has been finalized with signatures on the final paperwork, and the business expects to install a new machine next year that could create about seven or eight additional jobs.

“...they reduced it from 14 to 13. That's all completed,” the Chair said when reporting the grant closeout. Staff said the city has also applied for additional grant support (a state aggregate grant) to cover a remaining financing gap created by a distressed‑area adjustment to terms.

Why it matters: The CDBG closeout signals compliance with federal/state grant conditions and the potential for modest local job growth tied to capital investment. Council members asked staff to continue outreach and follow up as equipment installation and hiring proceed.

The council did not take a formal vote on this update; it was reported as an informational item.