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Wyoming Business Council Recommends Grant Funding for Airport Project

Wednesday, December 09, 2009

The Wyoming Business Council Board of Directors approved Natrona County’s request of $1,493,580 in grant funding for the reconstruction of Morgan Street, one of the main thoroughfares from the Airport to U.S. Highway 20/26 and the only access to that particular area of the Airport’s business park. Morgan Street was deemed insufficient to handle heavy truck loads and future growth in the business park. The grant funds will be used to improve the road and extend it north 1,000 feet toward 6 Mile Road. The current companies in the business park, development north of the Airport, the foreign trade zone, and U.S. Customs will all benefit from the extension and reconstruction of the road. The road improvements will enhance the land value on each side of Morgan Street and will allow the Airport to better market the area.

By statute, grant recommendations by the Business Council are forwarded to the State Loan and Investment Board (SLIB) who will take final action on funding January 28th. The SLIB is made up of the five statewide elected officials: Gov. Dave Freudenthal, Secretary of State Max Maxfield, State Treasurer Joe Meyer, State Auditor Rita Meyer, and State Superintendent of Public Instruction Dr. Jim McBride. If approved by the SLIB, reconstruction on the road is anticipated to begin next summer.

Wyoming Business Council Recommends Grant Funding for Airport Project

Category: Press Releases