Governor's Office for Local Development
Campbellsville/Taylor County Industrial Authority Awarded CEGG Funding
Governor Ernie Fletcher and the Governor’s Office for Local Development (GOLD) announced today that the Campbellsville/Taylor County Industrial Development Authority will receive $200,000 in funding from the Community Economic Growth Grant program (CEGG).
The fund, which was established during the 2005 General Assembly as HB 267, provides nearly $10 million in grant funds to be allocated during the 2005-2006 biennium.
“The Community Economic Growth Grant exemplifies what is possible when the Executive Branch and the Legislature work in a bi-partisan manner,” said Governor Ernie Fletcher. “The infusion of these funds will result in over $99 million in successful projects across the Commonwealth.”
The industrial authority will complete a large portion of the Phase I development of the Heartland Commerce and Technology Park. CEGG funding will ensure that the infrastructure is adequately equipped to guarantee immediate service connections to any industry desiring to locate in the new park. Phase I developments include: site preparation, erosion control, earthwork, water service, natural gas service, electrical service and telephone service.
Senator Dan Kelly (R-Springfield) said, “I am glad that the state can continue to partner with the local leaders of Taylor County, who have put so much hard work and effort into continuing to bring new jobs to the area after the loss of Fruit of the Loom. This grant will foster job creation for the entire central Kentucky region.”
Representative Russ Mobley (R-Campbellsville) said, "The Heartland Commerce and Technology Park is an important economic base for Central Kentucky with light industrial and commercial development. I congratulate the Campbellsville/Taylor County Industrial Development Authority for their work in fostering economic development and preparing for businesses like Amazon.com to locate right here."
CEGG is administered by the Governor’s Office for Local Development through the Kentucky Community Development Office (KCDO). The goal of the program is to provide flexible funding to support and encourage the economic growth and viability of communities within the Commonwealth.
Counties, cities, special districts and school districts were eligible to apply for this year’s funding. Monies can be utilized for construction, acquisition of property, equipment purchase, industrial site development, infrastructure and capital improvement projects.