An economic development large project loan may be used to finance the purchase, construction and installation of buildings or equipment that will add value to goods, services or resources.
Cheyenne Mayor Rick Kaysen says $671,415 that was taken from the city's reserves to balance the Fiscal Year 2017 budget will not affect funding for the downtown sky path project.
The Laramie Chamber Business Alliance plans on recouping $695,000 in lease payments from Bright Agrotech, and will put those funds toward future economic development opportunities.
The State Loan and Investment Board approved the City of Laramie’s request for a $2.9 million Business Committed grant to construct a manufacturing facility during its meeting Thursday morning in Cheyenne.
The $2,935,924 grant from the Wyoming Business Council Business Ready Community program will fund construction of a 15,500 square-foot building in the Laramie River Business Park for Tungsten He