Governor's Office for Local Development
Simpson County Awarded CEGG Funding
Governor Ernie Fletcher and the Governor’s Office for Local Development (GOLD) today announced that Simpson County will receive $200,000 in funding from the Community Economic Growth Grant (CEGG) program.
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 Simpson County Fiscal Court will construct a rail spur to provide industrial rail service to potential industrial clients on a 143 acre tract adjacent to the current industrial park.
Senator Richie Sanders (R-Franklin) said, “The Franklin-Simpson County Industrial Authority, through this funding, will now have the ability to provide necessary infrastructure and services to new and existing industries locating in the area. I commend the administration for providing funding for this project.”
Representative Rob Wilkey (D-Scottsville) said, “Creating and retaining jobs are goals that the CEGG program seeks to achieve. This project will make Franklin-Simpson more competitive at bringing in new business.”
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.