Owen County to Construct a 17-Mile Natural Gas Line
Frankfort, KY: Lieutenant Governor Steve Pence signed a letter of intent for a major construction project in Owen County yesterday. The letter of intent signifies that the Kentucky Infrastructure Authority’s (KIA) Gas System Restoration and Development Board will enter in a contract with the City of Owenton to provide a $1 million low-interest loan for the construction of a 17-mile natural gas line and appurtenances. Currently, Owen County is the only Kentucky county not to have natural gas.
“This is an important day for the Owen County business community and its residents,” said Lieutenant Governor Pence. “Along with this project, the Fletcher/Pence administration is committed to improving and expanding infrastructure across the Commonwealth.”
In addition, Senator Damon Thayer of Georgetown and Owenton Mayor David Wotier joined Lieutenant Governor for the signing of the letter of intent at Owenton City Hall Building.
“This long overdue project can now begin,” said Senator Thayer. “I want to thank Lieutenant Governor Pence for joining me today and the support of the Fletcher/pence administration for securing the funds to make this project a reality. Many thanks go to Owenton Mayor Wotier for his perseverance in making this project a priority for Owen County.”
Owenton Mayor David Wotier noted that this loan would help promote economic development in Owen County. “This historic day marks a milestone for Owen County,” said Mayor Wotier. “This natural gas project is crucial to the economic future of Owen County.”
The Gas System Restoration and Development Board approved the $1 million low-interest loan in August 2004. Upon the project’s completion, the gas line is expected to service the Kentucky Speedway, the Markland Dam area, the city of Carrollton, an industrial park and it will provide for residential hook-ups.
For more information about the project, please contact Colleen Blouin at 1-800-346-5606 or visit these websites http://ltgovernor.ky.gov and http://gold.ky.gov.
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