Monday, April 21, 2014
   
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City receives $300,000 grant

altThe City of Gothenburg formally received a $300,000 United States Department of Agriculture Rural Development grant Friday.

USDA rural development state director Maxine Moul was in Lexington Friday to recognize Gothenburg, Cozad and Lexington as recipients of the grants.

The grant will be loaned to the Gothenburg Improvement Company at 0% interest to assist with infrastructure updates (water, sewer and roads) to a site in the southeastern part of town.

Officials say a business that is considering a move to Gothenburg would provide service to the rail industry and initially create 17 jobs.

Dawson Area Development director Jen Wolf said the grant money loaned to GIC will be paid back into a revolving loan fund for more projects that qualify.

Other grant recipients include:

the City of Lexington, which will use $300,000 to assist in building a 60,000 square foot speculative building in order to attract new businesses to the area. This project will create 25 jobs.

the City of Cozad will utilize $190,000 to assist with the renovation of an existing building located in Cozad. A call center has already expressed interest in relocating to the City. This project will create 10 jobs.

Moul said the funds are awarded to each community’s municipal utilities and will help provide for economic development.

The Dawson County grants are the first in Nebraska given to municipal utilities, she said.

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