Business Council staff gives thumbs up to Sublette County project


The Wyoming Business Council

Board of Directors recommended three

Business Ready Community funding requests

and approved two challenge loans during a

March 7 meeting in Casper, including a loan to

Sublette County.

Sublette County requested $1,032,500 to

purchase the building and 2.15 acres of land

that currently houses Enviremedial Services,

Inc. ESI leases the building as its manufacturing

facility, but needs to expand to keep pace with

government contracts it was recently awarded.

Sublette County will own the building, and

ESI will pay lease payments to the county for

20 years. ESI will pay for the building's 2,400

square-foot expansion.

New to Sublette County in 2017, Enviremedial

Services, Inc., builds filtration systems to

save water and contamination. The company

has expanded technology to purify drinking

water, even when power is unavailable.

The board's recommendations will now

move to the State Loan and Investment Board

for final approval at its April 4 meeting.

Business Council staff members review

each application, conduct site visits, or conference

calls in the case of planning grants, and

make presentations to a board subcommittee

before making final recommendations to the

full board.

The Wyoming Business Council administers

the Business Ready Community grant and loan

program, which provides financing for publicly

owned infrastructure that serves the needs of

businesses and promotes economic development

within Wyoming communities.

The Business Council board is required by

statute to forward BRC grant and loan recommendations

to the State Loan and Investment

Board for final approval. The SLIB is comprised

of the five statewide elected officials: the

governor, secretary of state, state auditor, state

treasurer and state superintendent of public instruction.

Advertisement


Video News
More In Home Page