March 1, 2019


Business Council board meets in Casper March 7

Business Council board meets in Casper March 7 

The Wyoming Business Council Board of Directors will consider four Business Ready Community (BRC) funding requests during its March 7 meeting beginning at 8 a.m. at the Wyoming Oil & Gas Conservation Commission board room, 2211 King Blvd., in Casper.

Business Council staff will provide updates on advisory committee initiatives to advance the WBC strategic plan. Committees include Market, Technology, Business, Community and Industrial development. The agency’s six regional directors will follow with regional news and project updates.

If unable to attend the Business Council board meeting in person, please tune in to the live video feed at https://www.facebook.com/WyoBizCouncil/.

For those calling in remotely, please go to the live video feed at https://attendee.gotowebinar.com/register/161174508064925185. Users will be given an audio option (computer or phone). The site will automatically proceed to the GoToMeeting streaming video. The phone number provided by the GoToMeeting registration is the one to use even if you don’t plan to watch the video feed.

To speak during the meeting, please call Content Marketing Manager Tom Dixon at 307-275-2217 or send an email to wbc-conference@wyo.gov prior to 4 p.m. on March 5. Please state your name and the topic about which you would like to speak.

Board meeting materials are available for review at http://wyomingbusiness.org/boardbook

 

BUSINESS READY COMMUNITY (BRC) GRANT APPLICATIONS

Business Council staff review each application, conduct site visits, or conference calls in the case of planning grants, and make presentations to a board subcommittee before making final recommendations to the full board. 

About the Program: The Wyoming Business Council administers the Business Ready Community grant and loan program, which provides financing for publicly owned infrastructure that serves the needs of businesses and promotes economic development within Wyoming communities.  

The Business Council board is required by statute to forward BRC grant and loan recommendations to the State Loan and Investment Board (SLIB) for final approval. The SLIB is comprised of the five statewide elected officials: the governor, secretary of state, state auditor, state treasurer and state superintendent of public instruction. 

The SLIB will make final decisions on BRC project requests at its 8 a.m. meeting on April 4.

 

Business Committed 

  • Sublette County requests $1,032,500 to purchase the building and 2.15 acres of land that currently houses Enviremedial Services, Inc. (ESI). ESI leases the building as its manufacturing facility, but needs to expand to keep pace with government contracts it was recently awarded. Sublette County will own the building, and ESI will pay lease payments to the county for 20 years. ESI will pay for the building's 2,400 square-foot expansion. (Staff recommends full funding.)

  • City of Casper requests $1,520,693 to complete the reconstruction of a three-block area of Midwest Avenue between Elm and Walnut Streets in the Old Yellowstone District. Funds will be used for the replacement of water and sanitary sewer mains, up-sizing of storm sewer mains, roadway, sidewalks, curb and gutter. Funds will also be used for the development of bike lanes, lighting, fiber and underground electrical. (Staff recommends full funding.)

  • Casper-Natrona County Economic Development Joint Powers Board requests $50,000 to create a financial strategy to maximize the city of Casper, town of Mills and Natrona County's Opportunity Zone designations. The plan will identify development and diversification projects, use brownfield designated areas for redevelopment and identify and secure local and national financial resources for the development of the community. (Staff does not recommend funding at this time.)
  • Sweetwater County requests $50,000 to conduct a Targeted Industry Study for the Industrial Development Project, the region's largest and most ambitious locally driven venture to generate new conditions for economic development growth and improve quality of life and community stability. The undertaking consists of developing an expansive site of up to 15,000 acres in the Southwest Regional Airport and Middle Baxter Road. (Staff recommends full funding.)

For more information about these projects, visit the Wyoming Business Council website, www.wyomingbusiness.org, or call 1-800-262-3425.

In-State Companies , Business

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