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Washington County briefs

December 18, 2009|By HEATHER KEELS

Recovery Zone bond applications sought



Washington County is seeking applications for nearly $14 million in tax-exempt Recovery Zone Facility Bonds made available through the federal stimulus package to help finance private development projects in the county, Timothy R. Troxell, executive director of the Hagerstown-Washington County Economic Development Commission, said Tuesday.

The bonds are available only to projects in designated "recovery zones," which are areas with significant poverty, unemployment, foreclosure rates or general distress, Troxell said.

At the advice of the Maryland Department of Business and Economic Development, the Washington County Commissioners voted Tuesday to designate the county's existing "priority funding areas" from its comprehensive plan as the recovery zones.

The priority funding areas include the county's municipalities and other more-populated areas.

The bonds must be issued before Jan. 1, 2011, and may be used by private businesses for depreciable capital projects, such as buildings and equipment, with some restrictions, according to a report from Troxell.

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An information session on the program is scheduled for Jan. 20 at 9 a.m. in the County Administration Building at 100 W. Washington St. in Hagerstown, Troxell said. Proposals will be due to the EDC by 4 p.m. on March 17, he said.

Commissioners authorize acceptance of grant



 

The Washington County Commissioners on Tuesday authorized the county's emergency services department to accept a $341,891 State Homeland Security Program grant and a $10,602.41 Citizen Corps Program grant.

The SHSP funding will be allocated for multiple emergency services, and public safety projects and infinitives, including equipment and a planner's salary, Director of Fire and Emergency Services Kevin L. Lewis said Tuesday during the Washington County Commissioners meeting.

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