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HomeMy WebLinkAboutResolution 01-181-CCBOARD OF COUNTY COMMISSIONERS GRANT COUNTY, WASHINGTON RESOLUTION NUMBER 2001- 181 -CC Strategic Infrastructure Committee Recommendations for Funding WHEREAS, the Grant County Commissioners appointed the Strategic Infrastructure Program Prioritization Process. and WHEREAS, the Commissioners found it in the best interests of the County to set up a committee to facilitate local coordination and communication, and WHEREAS, the Strategic Infrastructure Committee has submitted recommendations for funding of one request. and WHEREAS, the Commissioners have approved 1 recommendation submitted by the SIP Committee, and NOW THEREFORE BE IT HEREBY RESOLVED THAT THE GRANT COUNTY COMMISSIONERS APPROVEDT111', FOLLOWING FUNDING REQUESTS: Samaritan Hospital Foundation $50,000 -Loan Only 1.) Five Year repayment period 2.) $2500 annual repayment amount each of the first 4 years with a 5th year balloon balance of $40,000 Approved this 13th day of November 2001 BOARD OF COUNTY COMMISSIONERS ATTEST: GRANT COUNTY, WASHINGTON Clerk ot e Board Chairman i GRANT Ct, JNTY OFFICE OF BOARD OF ('OUNTY COMMISSIONERS TO: Samaritan Hospital Foundation Dave Campbell POST OFFICE BOX 37 EPHRATA, WASHINGTON 98823 (509) 754-2011 RE: Strategic Infrastructure Program (SIP) Request For Healthcare Learning Center Dear Mr. Campbell: The Board of County Commissioners have dedicated much time and consideration to this proposal in order to determine the appropriateness of dedicating these "Economic Development" funds for this purpose. We have reviewed thoroughly your application for funding assistance from our Strategic Infrastructure Program Fund. The Healthcare Learning Center will be a valuable asset to the Central Columbia Basin area, and we wish to convey our support for the proposal. At this time, with the funds available we are able to offer a loan only proposal totaling $50,000 which would be repayable over a three year term with interest waived. It is important for you to understand that these funds are made available for direct economic infrastructure projects. They are intended to generate near term job creation and direct benefits to the local job and tax base. We have concluded that even though the identifiable near term data may be of concern, long-term stability and potential growth support is undeniable. We also believe that by Grant County joining into the funding process it may boost your ability to find other support. We wish you success in this important expansion process. If you have any further questions of concerns, please call us at 754-2011 ext: 428. Sincerely, fU . d � ,Chairman TIM SNEAD DEBORAH MOORE LEROY ALLISON DISTRICT 1 DISTRICT 3 DISTRICT 2 10999 STRATFORD RD. 1805 DODSON RD, N 20268 RD. 1 SE MOSES LAKE, WA 98837 MOSES LAKE, WA 988-i7 WARDEN, WA 98857 PHONE 765-9548 PHONE 787-3169 PHONE 349-2513