Governor's Office for Local Development
City of Elkton Awarded CEGG Funding
Governor Ernie Fletcher and the Governor’s Office for Local Development (GOLD) today announced that the city of Elkton will receive $143,500 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 City of Elkton will provide sanitary sewer service to a newly annexed area adjacent to U.S. 68/80. The project involves construction of approximately 3,000 feet of 8-inch gravity sewer to serve prime industrial and commercial development property within the city. The project will be served by the Elkton wastewater treatment plant, which is currently undergoing expansion to accommodate the increased flow.
Senator Joey Pendleton (D-Hopkinsville) said “This project will enhance the marketability of prime industrial and commercial development property within the city and attract industry to the area that will provide reliable employment for the residents.”
Representative Sheldon Baugh (R-Russellville) said the project will spur economic development in the city. “Elkton must have infrastructure in place in order to attract new business and industry. This project will help move Elkton forward to provide additional job opportunities for Todd Countians.”
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.