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Home Uncategorized

City of Turlock Working Towards Stimulating Local Economy

by David Fransen - dj@turlockcitynews.com
March 25, 2009
in Uncategorized
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City Council Meeting reports stated that $4.9 million worth of “stimulus funds” will be put to use fixing roads, maintaining public safety standards, and working towards economic development.
 
Grant funding from the American Recovery and Reinvestment Act will be making its way to Turlock.
 
The $4.9 million in grants is guaranteed but the City of Turlock is not stopping there. Turlock has been planning on and is ready to submit hundreds of millions worth of projects in hopes of receiving more stimulus funding.
 
$280 million in stimulus funding was allocated for the State of California towards wastewater projects. Turlock is applying for $20 million to fund the Harding Drain Bypass pipeline project and $24 million to make improvements to the Turlock Regional Water Quality Control Facility (Sewer Plant).
 
The funding would save the city money by allowing the projects to be funded through a one percent loan rather than a five percent bond they would have to acquire.
 
In regards to the possible wastewater funding and savings, Councilman Kurt Spycher suggested that the City of Turlock look into the possibility of not raising rates already scheduled and pass the savings on to the customers.
 
The breakdown of the $4.9 million in grants is as follows:
– $1.8 million for a proposed transit hub at Golden State Blvd + Hawkey (triangle property also bordered by Dels Lane)
– $1.5 million to purchase foreclosed homes, fix them up, and sell them to low/middle income buyers
– $1.2 million for road work
– $212,000 (plus) for police officer personnel staffing
 
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Tags: BudgetCityCouncilFundingFundsGrantsHallMeetingNewsProjectsStimulusTurlock
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