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Spring Valley Council applies for business grants

Fri, Feb 27th, 2009
Posted in Government

At the Spring Valley City Council on Monday night, February 23, there was a succession of resolutions being passed that were all connected, with each one being passed "in case the previous one is successful."

Resolutions 2009-14, Resolution 2009-15 and Resolution 200-16 were passed in the blink of an eye. 2009-14 authorized the Economic Development Authority to Apply for a Rural Business Subsidy Grant in the amount of $5,000. This to offer technical assistance for businesses in town.

Resolution 2009-15 would apply to 141 acres of expansion to the Industrial Park being called a Business Development Infrastructure Grant in the amount of 1.7 million dollars. According to City Administrator Deb Zimmer, the maximum available from the grant would be $250,000 with the city making up the difference. The exact amount was not set.

Now, in case 2009-15 is approved, the Council passed 2009-16 which was a Resolution Committing Funds for the Industrial Park Expansion in the amount of $875,000.00 which will be a 50/50 grant.

To make sure the City is receiving the best buy, they will be asking for bids and there will be a "Best Value Contracting Committee" that will look over the bids and fill out forms. The "Best Value Contractor" will be selected, which is not necessarily the lowest bidder. This is a new process recently adopted by the City Council.

One final bit of information was the Mayor's announcement that Public Utilities has purchased the generator they have been talking about for several months. The price tag was one million dollars.

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