Water line grant could help attract $90 million in investments
07/03/2006 11:45:29 AM
Posted: Monday, July 03, 2006
SOUTH SIOUX CITY -- South Sioux City will receive a federal grant for a new six mile water main that will feed anticipated industrial development on the city's west side, including at Beef Products, Inc.
The U.S. Commerce Department's Economic Development Administration announced Monday it will invest $618,000 in the nearly $1.4 million project. The remaining portion of the project will be funded by a revolving loan from the Nebraska Department of Environmental Quality.
The project is the longest water line extension in South Sioux City history.
The new 16-inch water line will "loop" the city's waters supply and serve its budding industrial/commercial base while providing better fire protection for the entire community, said Dan McNamara, director of economic development.
The line will extend from Golf Course Road going south along Elgin Avenue and follow U.S. Highway 77 before turn eastward to meet the existing water main near Beef Products, Inc.
"This water line is a key to our industrial development south of our community," Mayor Bill McLarty said. "We are pleased with our congressional support for this project and expect to see construction occur yet this year. “
“This line will serve the parcels of land that have been optioned by the South Sioux City Community Development Agency," Randy Lanning, chairman of the CDA, said, noting that the 500 or so acres of prime industrial ground will need a good water supply.
Sandy K. Baruah, U.S. assistant secretary of commerce for economic development, said the EDA investment is expected to attract $90 million in private investment and create 240 local jobs.
First District Congressman Jeff Fortenberry called the grant "a tremendous investment that promotes smart growth, new work opportunities and good community development."
Glenda Castleberry, vice president of the Siouxland Economic Development Corporation,{M3 helped develop the grant application and will administer the funds on behalf of the Siouxland Economic Development Corporation.
Olsson and Associates has been selected as the project engineer.
The U.S. Commerce Department's Economic Development Administration announced Monday it will invest $618,000 in the nearly $1.4 million project. The remaining portion of the project will be funded by a revolving loan from the Nebraska Department of Environmental Quality.
The project is the longest water line extension in South Sioux City history.
The new 16-inch water line will "loop" the city's waters supply and serve its budding industrial/commercial base while providing better fire protection for the entire community, said Dan McNamara, director of economic development.
The line will extend from Golf Course Road going south along Elgin Avenue and follow U.S. Highway 77 before turn eastward to meet the existing water main near Beef Products, Inc.
"This water line is a key to our industrial development south of our community," Mayor Bill McLarty said. "We are pleased with our congressional support for this project and expect to see construction occur yet this year. “
“This line will serve the parcels of land that have been optioned by the South Sioux City Community Development Agency," Randy Lanning, chairman of the CDA, said, noting that the 500 or so acres of prime industrial ground will need a good water supply.
Sandy K. Baruah, U.S. assistant secretary of commerce for economic development, said the EDA investment is expected to attract $90 million in private investment and create 240 local jobs.
First District Congressman Jeff Fortenberry called the grant "a tremendous investment that promotes smart growth, new work opportunities and good community development."
Glenda Castleberry, vice president of the Siouxland Economic Development Corporation,{M3 helped develop the grant application and will administer the funds on behalf of the Siouxland Economic Development Corporation.
Olsson and Associates has been selected as the project engineer.
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