5/15/2015 10:14:43 AM
EVELETH, Minn.- The Iron Range Resources and Rehabilitation Board (IRRRB) will meet on Tuesday, May 19 at 10 a.m. in St. Paul. Agenda items include approval of the agency's Fiscal Year 2016 budget and several public works projects.
The IRRR Board will consider funding for a $33.15 million FY16 budget, which IRRRB Commissioner Mark Phillips says is focused squarely on the agency's core development mission. "I am pleased that over half of the proposed budget is dedicated to development projects and programs," said Phillips. "This funding reflects our commitment to investing in a better future for northeastern Minnesota."
While development projects and programs account for 51% of the agency's spending, funding for Giants Ridge accounts for 29% and operations accounts for 21%.
The FY16 budget allocates $5 million for development projects. The FY16 public works budget is $6 million, including nine shovel-ready projects to be considered at Tuesday's board meeting. The total IRRRB project investment for the nine projects is over $1.6 million, with a total public/private investment of over $39 million. IRRRB funds will be leveraged 23 to 1. It is projected that 26 permanent jobs and 235 construction jobs will be created.
Below is the list of FY16 public works projects that will be reviewed:
|
Organization |
Project Description |
Grant Award |
|
City of Cook |
Infrastructure, site work and construction of a new Emergency Services Facility |
$200,000 |
|
City of Cook |
Infrastructure, site work and construction for a new Community Center |
50,000 |
|
City of Ely |
Infrastructure, roads and site work for the expansion of the Ely Business Park |
200,000 |
|
City of Grand Marais |
Water, sewer, utilities extension, and site work for renovation and expansion of the Cook County North Shore Hospital and Care Center |
100,000 |
|
City of Hibbing |
Water, sewer, utilities, roads, and site work for a new 32-unit housing development project |
300,000 |
|
City of Mountain Iron |
Sewer, force main pipe, and a new lift station to service five businesses and new commercial development on Miners Drive |
75,000 |
|
Nashwauk Township |
Infrastructure, site work, and construction for a new town hall |
150,000 |
|
City of Virginia |
Infrastructure and site work for a new development on 9th Street North |
250,000 |
|
City of Virginia |
Phase II of the Joy Global Expansion Project in the Virginia Business Park |
300,000 |
|
$1,625,000 |
