Election Set for Renewal of 1/4 cent Economic Development Sales Tax
Crossett City Council recently approved the date for the special election to renew the dedicated 1/4 cent sales tax to support economic development. The special election will be held Tuesday, February 9, 2016, in conjunction with a vote to renew the 1/4 cent sales tax that supports Ashley County Medical Center and a four mill increase by the Crossett School District to fund the construction of a new high school. Early voting for all three issues will be February 2-8 at the First Baptist Church Multi-Ministry Building in Crossett and at the Ashley County Courthouse in Hamburg.
Since 2001, the City of Crossett has contracted with the Crossett Economic Development Foundation to conduct economic development efforts for Crossett. Over the past 14 years, the Foundation has worked diligently to recruit new business, work through issues to sustain the commercial and industrial base we have, develop new infrastructure to make Crossett a more attractive place to do business, and secure grant funds to help a variety of organizations throughout the community. Job creation resulting from projects worked on by the Foundation has resulted in over $6 million in annual payroll being paid back into our community. The Foundation staff welcomes any questions you may have about our efforts and would love the opportunity to share our successes with you in more detail. Feel free to contact us at your convenience.
Crossett Port Receives Arkansas Waterways Grant
The Port of Crossett was among five public ports in Arkansas named as recipients of funding from the Arkansas Waterways Commission.
In a statement, the AWC said the five ports would receive a total of $450,644.42 through its Arkansas Ports, Intermodal and Waterways grant program.
“We received over $1.2 million in requests and wish we could fulfill all the requests,” commission executive director Gene Higginbotham said in a statement. “We hop to have additional funds in the future. Developing our ports is critical to our state’s economic development.”
The statement said that, under the grant program, ports may implement capital projects such as construction, improvements, capital facility rehabilitation or expansion of a public port facility.
Crossett Economic Development Foundation executive director Mike Smith said the Port of Crossett was named as the recipient of $50,000 in grant funds for paving the existing gravel road that surrounds the port warehouse.
(Courtesy of the Ashley News Observer)
Improvements begin at Crossett Industrial Park
The Crossett Industrial Park is the site of some $1 million in improvements, which began this month. Crossett Economic Development Foundation executive director Mike Smith said Tuesday that the improvements are being financed through state and federal funds.
“There’s not really any local money going into this,” he said, “because some of the work we did on rail spurs there a couple of years ago served as our local match. The majority of this work is being funded through an EDA grant.”
Among the improvements to be done, Smith said, are the construction of a new access road from Wellfield Road into the industrial park, along with new water and sewer lines, drainage improvements and utility access channels to be placed along the new entrance road.
(courtesy of Ashley News Observer)
Crossett receives Delta Regional Authority Funding for Port
Delta Regional Authority Leverages Federal Resources to Support Small Business, Entrepreneurs, and Communities and Invest in Infrastructure to create jobs ARKANSAS – A new investment of resources aimed at Delta small business owners, entrepreneurs, and communities is designed to grow the region’s economy and create jobs, the Delta Regional Authority and Arkansas Governor Mike Beebe announced today. Seven new investments coming directly to the Arkansas Delta region, from building and rehabilitating public highways and water systems to constructing a workforce training center, leverage $1,466,720 in federal resources into $4,193,041 in total public and private investment for the Delta region, its people, and its future.
Port of Crossett Improvements, Crossett, AR (AR4): Improvements and upgrades to the infrastructure of the dock and dolphins at the Port of Crossett, expanding the capacity of the port to receive barges and attract more industries. These upgrades will repair damage from flooding and increase crew safety at the port. DRA: $200,000; Total Project Cost: $330,353