Commerce Department Makes Critical Infrastructure Improvements in Mississippi
June 11, 2010
Contact: John Atwood, (202) 482-4085
Business Owners and Consumers in Monticello to Benefit from Investment
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $346,180 grant to the Town of Monticello, Mississippi to make sewer system improvements needed to support the business community. The project is expected to save 138 jobs, create 23 jobs and generate $1 million in private investment, according to grantee estimates.
"Monticello must upgrade its infrastructure to remain competitive and maintain a safe and vibrant business environment for consumers," said U.S. Assistant Secretary of Commerce for Economic Development John Fernandez. "This EDA grant will provide the critical infrastructure needed to boost Monticello's ability to attract new business and create jobs."
"The Town of Monticello is extremely pleased to receive this grant. These funds will allow us to replace and upgrade old failing sewer lines in our historic downtown district and keep our many shops and stores open. These funds will also provide waste water system capacity allowing us to become competitive in the region for new industries that may be looking our way," said Dave Nichols II, Mayor of Monticello.
The replacement sewers are proposed along the existing lines, which will be abandoned as the new sewers are installed. New sewers will meet the minimum design criteria published by the Mississippi Department of Environmental Quality.
About the U.S. Economic Development Administration (www.eda.gov):
This year, the U.S. Economic Development Administration (EDA) marks 45 years of public service, with a mission of leading the federal economic development agenda by promoting competitiveness and preparing American regions for growth and success in the worldwide economy. EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster job creation, collaboration and innovation.