Welcome to Skagit County
March 20th, 2008
Skagit County Commissioners approve $3,576,040 of grants for economic development
projects
SKAGIT COUNTY – The Skagit County Commissioners signed a resolution today approving funding for 13 economic development projects totaling $3,576,040 from Rural Distressed County sales tax revenue authorized by the State of Washington and Skagit County ordinances and resolutions.
Projects include:
|
City of |
Short Plat Development |
$250,000 |
|
City of |
|
$400,000 |
|
Town of |
Sewer Upgrade |
$100,000 |
|
Town of |
Water System Upgrade |
$496,040 |
|
Town of |
|
$150,000 |
|
City of |
Anderson/Laventure |
$250,000 |
|
City of |
Freeway Dr. Reauthorization |
$330,000 |
|
Port of |
Fiber Optics |
$300,000 |
|
City of Sedro-Woolley |
|
$500,000 |
|
City of Sedro-Woolley |
|
$150,000 |
|
|
Anderson/Laventure |
$250,000 |
|
United |
Remodel |
$200,000 |
|
|
Expansion/Renovation Project |
$200,000 |
All agencies awarded grant funds shall enter into a grant agreement with Skagit County further outlining the structure of the award. Grant funds will be disbursed on a reimbursement basis as the projects are constructed.
Skagit County receives a .09 percent rebate on sales tax from Washington State for public facility financing for the construction of infrastructure that stimulates economic development. In 2002 the Board of Skagit County Commissioners adopted Resolution 17837, issuing bonds of $8,000,000 to finance public facility projects within Skagit County with the principal and interest being paid from sales tax collected. A Public Facilities Committee meets regularly to make recommendations to the Commissioners.
“These funds are vital for the development and maintenance of our infrastructure in Skagit County,” said Skagit County Commissioner Don Munks.
To date more than $20 million of funding has been awarded to projects funded by Rural County Sales and Use Tax in Skagit County. Project proponents have invested more than $87,443,000.
For further information,
contact:
Dan Berentson
360-419-3461