Wyoming State Loan and Investment Board Approved Mineral Royalty Grant to the City of Sheridan

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Sheridan Wyoming, June 15, 2017:  The Wyoming State Loan and Investment Board (SLIB) approved a $300,000.00 Mineral Royalty Grant (MRG) for the City of Sheridan North End Utilities Project at its meeting in Cheyenne today.

 

Today, SLIB, comprised of the top five elected officials for the State of Wyoming, approved an MRG grant for the North End Utilities Project.  The City of Sheridan requested funding from the MRG Program to help fund a portion of the overall project. The North End Utilities Project consists of installing approximately 7,000 linear feet of sanitary sewer main, a lift station and approximately 7,000 linear feet of water main and appurtenances. The lift station and sewer mains are located north of the interchange and go to the new Sheridan County School District No. 2 elementary school site.  The water line being installed will loop the water main into Yellowtail Dr., provide water to the new Sheridan County School District No. 2 elementary school site and provide an option for existing residents to tie to city water instead of wells.

 

According to Mayor Miller, “The North End Utilities Project MRG funding is an opportunity for the City of Sheridan to install water and sewer infrastructure to benefit the community. This project will help support existing and future planned development. We truly appreciate our State Legislature continuing to fund these programs and our local state elected officials for being supportive of our local infrastructure needs.”

 

The SLIB Board approved an MRG of $300,000 as a grant that does not need to be paid back and is a huge win for our community.

2017-06-15T13:14:50+00:00 June 15th, 2017|General News|