HomeMy WebLinkAbout20-06 - Res. Authorizing Funds to Port of Shelton for Belco Waterline and Distressed Area Capital FundLc)
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20-06
Reso _utoorn of the liaison Cowfly C®rnrrr sso®rr ers Atthortzli ng =ands to tf e Foul:
SheUtho T for tile Belco Was" iDorc from the -Vasa- n Co [icily aistressed Area Cap taH
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Whereas, 'elco Forest Products, mc., a wood processing b,sres s, intends to
substantia y Increase its operations Et tne P s rt of Shelton, but only if certain CER
funds are provided to the Port of Shelton to enable the Port to construct utility lanes to
facilitate the p anned business activities, any
Whereas the Mason County Commission believes that the expansion by Belo Forest
products wi strengthen tne economy within the Port of Shelton's istrict, thereby
Increasing emoloyment opportunities for economically disadvantaged residents of
Mason County, ano
Whereas, application for CCERII funding was made by tne Port of Shelton and approved
continge met upon demonstration by a Mas ICounty resolution of a commitment towards
public costs o11: $120,000.
NOW, THERE =O! E, BE IT RESOLVED BY ME BOAR P OF VASON COUNTY
COMMISSIONERS to award $120,000 from the Mason Courty Distressed Area Capital
Fund (008) to the Po . 'This is item #8 on tie 2005-
2006 Comprehensive Economic Development Strategy (CEDE) lists
rt of Shelton for the
Adopted this 14{" day of March, 2006.
ATTES
Belco Waterline
BOARD OUP COUNCOMMISSIONERS
MASON CUNGTY, WASHINGTON
da fro
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na Ring Ericksonhairperson
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Tim Sheldon, Commissioner
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Rebecca S. Rogers, Clerk of the Board Jayrii L. amin, Con nniissioner