cerb project awards - january 19, 2017

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CERB Project Awards - January 19, 2017 T he Washington State Community Economic Revitalizaon Board (CERB) approved $850,000 in public infrastructure development and economic feasibilies studies targeng business growth and job creaon in the City of Othello, City of Airway Heights, Makah Tribe, and the Port of Sunnyside. Adams County: City of Othello was awarded a $50,000 grant for a feasibility study to implement the first phase of the city’s water supply plan, which includes construcng a new well, pump staon and reservoir. CERB funds are matched by $16,667 in local resources. Clallam County: Makah Tribe was awarded a $50,000 grant for the Cape Flaery Fishermen’s Co-op Expansion project. A feasibility study will develop a strategy to upgrade the processing plant potenal to increase value- added producon, new sales and job creaon. CERB funds were matched by $16,667 in local resources. Spokane County: City of Airway Heights was awarded a $50,000 grant for a feasibility study to develop a master plan for the Airway Heights Industrial Center. The project will produce a “highest and best use” analysis, an economic feasibility assessment, idenficaon of priority development sites, a “planned acon ordinance” to facilitate development of those sites and a targeted infrastructure funding and development strategy for the area. CERB funds were matched by $16,667 in local resources. Yakima County: Port of Sunnyside was awarded a $400,000 loan and $300,000 grant for the Varietal Beer Company construcon project. This commied private partner project consists of modifying an exisng 5,500-square- foot cement block building for use as a brewery, taproom and boling facility. Varietal Beer Company will invest $405,000 in a 10-barrel CERB invests $850,000 million to support economic development infrastructure and planning in Adams, Clallam, Spokane, and Yakima counes. CERB Project Awards Legislave Update CERB Project Development Staff CERB Construcon Funds Applicaon Due Dates Meeng Dates Vacancies IN THIS ISSUE NEWS LETTER January 2017 WWW.COMMERCE.WA.GOV/CERB

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Page 1: CERB Project Awards - January 19, 2017

1WWW.COMMERCE.WA.GOV/CERB

CERB Project Awards - January 19, 2017

The Washington State Community Economic Revitalization Board

(CERB) approved $850,000 in public infrastructure development and economic feasibilities studies targeting business growth and job creation in the City of Othello, City of Airway Heights, Makah Tribe, and the Port of Sunnyside.

Adams County:

City of Othello was awarded a $50,000 grant for a feasibility study to implement the first phase of the city’s water supply plan, which includes constructing a new well, pump station and reservoir. CERB funds are matched by $16,667 in local resources.

Clallam County:

Makah Tribe was awarded a $50,000 grant for the Cape Flattery Fishermen’s Co-op Expansion project. A feasibility study will develop a strategy to upgrade the processing plant potential to increase value-added production, new sales and job

creation. CERB funds were matched by $16,667 in local resources.

Spokane County:

City of Airway Heights was awarded a $50,000 grant for a feasibility study to develop a master plan for the Airway Heights Industrial Center. The project will produce a “highest and best use” analysis, an economic feasibility assessment, identification of priority development sites, a “planned action ordinance” to facilitate development of those sites and a targeted infrastructure funding and development strategy for the area. CERB funds were matched by $16,667 in local resources.

Yakima County:

Port of Sunnyside was awarded a $400,000 loan and $300,000 grant for the Varietal Beer Company construction project. This committed private partner project consists of modifying an existing 5,500-square-foot cement block building for use as a brewery, taproom and bottling facility. Varietal Beer Company will invest $405,000 in a 10-barrel

CERB invests $850,000 million to support economic development infrastructure and planning in Adams, Clallam, Spokane, and Yakima counties.

CERB Project Awards

Legislative Update

CERB Project Development Staff

CERB Construction Funds

Application Due Dates

Meeting Dates

Vacancies

IN THIS ISSUE

NEWS LETT

ER

January 2017

http://bit.ly/2cFPpX8

WWW.COMMERCE.WA.GOV/CERB

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brewing system, creating 23 permanent jobs. CERB funds were matched by $300,000 in local resources.

“Our role is to be responsive to local needs by making timely and smart investment decisions. CERB has a proven track record for being a good steward of public money and an advocate for local communities,” said CERB Chair David Rhoden.

The release of CERB funds to these projects is contingent upon each applicant completing specific pre-contract requirements, such as finalizing other funding sources and obtaining necessary permits.

Maybe you haven’t heard, but CERB has project development staff that works with our communities to get projects ready to apply for CERB funding and/or help them find other infrastructure funding.

Do you have a project idea or need to know more about the CERB program?

Reference the map above and call your project development staff.

CERB staff will come out to your community to meet with you, to talk about funding opportunities, next steps, and how to get ready to present your project to the Board.

CERB Project Development Staff

Project Development Regional Map

Legislative Update

CERB had an agency request for $8 million for the 2017-19 biennium, which was the anticipated loan and interest repayment revenue.

In the Governor’s 2017-19 Budget, CERB did not receive an appropriation. The funds from the Public Facility Construction Loan Revolving Account* were appropriated to the State’s Brownfields Program, for affordable housing.

Updates:

www.commerce.wa.gov/CERB*The Public Facility Construction Loan Revolving Account, is the account CERB’s loan repayments and interest are deposited into, this account is also the account CERB receives authority to loan and grant money from.

CERB Project Awards -January 19, 2017continued

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CERB Construction Funds

Tier 1 Application Deadline(Tier 1 Committed Private Partner,

Prospective Development Programs)

Planning & Tier 2 Application Deadline(Tier 2 Committed Private Partner,

Prospective Development Programs)Board Meeting

November 14, 2016 November 28, 2016 January 19, 2017

January 17, 2017 January 30, 2017 March 16, 2017

March 13, 2017 March 27, 2017 May 18, 2017

May 15, 2017 May 29, 2017 July 27, 2017

The Tier 1 application for the Committed Private Partner & Prospective Development Programs, as well as the Planning Program are submitted via an online portal. Please contact project development staff to talk about your project and to get the link to the applications.

For program requirements, threshold checklists, and more information check out the website: www.commerce.wa.gov/CERB

CERB is focused on economic development through job creation in partnership with local governments.

The Board finances public infrastructure improvements that encourage new private business development and expansion. Contact project development staff to discuss a potential project.

Janea Eddy, Program Director & Tribal Liaison360-725-3151 or [email protected]

Jacki Skaught, Program Specialist360-725-3161 or [email protected]

Barbara Smith, Board Liaison

360-725-2744 or [email protected]

Totals Funds Available $10,684,432

Loans Funds Available $9,271,365

Grants Funds Available $1,413,067

Rural County Funds $9,430,888

Urban County Funds $1,253,544

CERB Staff

Currently CERB is excepting applications for the:

• Small Business, East of Cascades, West of Columbia River

• Public Representative

• County Representative

If you are interested in the vacant position, please contact Janea Eddy at [email protected].

Since 1982, CERB has committed more than $163 million to local jurisdictions across the state, an investment generating more than 35,000 jobs, and private capital investments of a $5.6 billion ($34 to $1) return on CERB investment.

Vacancies

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