City of Lexington among Recipients Announced for Projects to Create Jobs

econdev@nppd.com   12/21/2012

Agriculture Secretary Tom Vilsack today announced the selection of recipients for grants and loans to help spur economic development and create...

CITY OF LEXINGTON AMONG RECIPIENTS ANNOUNCED BY AGRICULTURE SECRETARY VILSACK FOR PROJECTS TO CREATE JOBS IN SEVEN STATES

WASHINGTON, December 20, 2012 – Agriculture Secretary Tom Vilsack today announced the selection of recipients for grants and loans to help spur economic development and create or save jobs in rural communities in seven Midwestern and Southern states. 

In Nebraska, the City of Lexington was selected to receive a $300,000 grant. The funds will be used to upgrade servers and computer networks for the Electronic Medical Records (EMR) system for the Lexington Regional Health Center.  

This is the fourth Rural Economic Development Grant received in Nebraska this year, all in Dawson County.  Prior awardees were the City of Lexington, which received $300,000 to assist in building a 60,000 square foot speculative building in order to attract new businesses to the area.  The City of Gothenburg received $300,000 to assist with infrastructure updates (water, sewer, and roads) to an existing site location for a business that is considering moving into Gothenburg to provide service to the rail industry.   The City of Cozad received $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 funding will help rural businesses create sustainable, quality jobs," Vilsack said. "These projects demonstrate the Obama Administration's ongoing commitment to ensure that rural communities attract the investments they need to support business development. 

Funding will be provided to applicants in Indiana, Iowa, Minnesota, Mississippi, Missouri, Nebraska and Tennessee.  USDA Rural Development is providing support through the Rural Economic Development Loan and Grant program (REDLG), which provides zero-interest loans to local utilities that they, in turn, pass through to local businesses for projects to create and retain employment in rural areas.

For a complete listing, visit http://www.rurdev.usda.gov/STELPRD4019056.html


To view other Nebraska articles, please visit the online version of the Nebraska Industrial Overview.

Nebraska Public Power District’s economic development consultants are available to assist with your confidential project needs. Call (800) 282-6773, Ext. 5534, or email econdev@nppd.com.

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