The City of Berryville will get some help from the State to improve Water and Infrastructure.
The release and photo are from the City of Berryville:
The City of Berryville was pleased to join Governor Sarah Sanders and the Arkansas Economic Development Commission (AEDC) in announcing $25 million in awards to 22 communities through the Arkansas Site Development Program at the State Capitol in Little Rock last week. Berryville was among the recipients and will receive $1 million to upgrade and expand their water and sewer infrastructure, ensuring sufficient capacity to support increased demand and continued growth within the business park.
“We greatly appreciate AEDC’s partnership in providing funding to expand our business park infrastructure through this grant. We also thank the City Council for its vision, support, and forward-thinking approach to economic development,” said Berryville Mayor Tim McKinney. “Special recognition goes to Dean for securing two grants over the past two years and for building the strong relationships that help make this funding possible. In fact, one long-time AEDC official recently told us we’re the poster child on how to successfully market and promote a business park.”
The communities receiving Arkansas Site Development Program funds include Bradley County, Bentonville, Berryville, Conway, De Queen, El Dorado, England, Grant County, Hempstead County, Hot Spring County, Hot Springs, Jacksonville, Jefferson County, Jonesboro, Little Rock, Mississippi County, Newport, Pocahontas, Prescott, Russellville, Searcy and Stuttgart.
“Every success story starts with a strong foundation, and the Arkansas Site Development Program helps communities build the groundwork essential to keep attracting businesses to our state,” said Governor Sanders. “From company-ready sites to our low-income taxes and pro-business environment, Arkansas is creating the framework for business success, driving economic growth, and expanding opportunity for generations to come.”
First announced in June 2024 the Arkansas Site Development Program was developed by AEDC with the support of Governor Sanders and the Arkansas General Assembly. In this first round of the Arkansas Site Development Program, AEDC awarded $10 million to 13 Arkansas Communities in December 2024. Another round of funding totaling $25 million will be awarded in FY 2027. The City of Berryville received a $400,000 allotment from the initial site development program in 2024 and another $1 million in this year’s round of grants.
“We’re grateful to Governor Sanders and AEDC for recognizing the needs within our business park and investing in its future,” said Dean Lee, Berryville economic development director. “Their support reflects confidence in the foundation we’ve built and the long-term potential of this project. This investment positions our site to be fully shovel ready and we look forward to expanded growth in the business park as it continues to develop.”
To qualify for the program, applicants must have an industrial site of at least 30 contiguous acres of land that is listed on the Arkansas Site Selection Database and that is owned or optioned by the applicant. Eligible applicants include cities and counties, chambers of commerce, and economic development organizations.
“The Arkansas Site Development Program is an investment in the long-term growth of our state,” said Secretary of Commerce Hugh McDonald. “Thanks to the leadership of Governor Sanders and the Arkansas General Assembly, the state is partnering with 22 Arkansas communities to take measurable steps and create the conditions necessary to become more economically competitive and win projects. Arkansas is among the top states for its economic outlook, and this program positions us for even greater success in the future, leading to better outcomes for Arkansans and businesses in the state.”
AEDC received a total of 29 applications for the latest round of Arkansas Site Development Program, totaling $73,891,055 in requesting funding.
“The Arkansas Site Development Program is focused on helping local communities compete and win economic development projects,” said Clint O’Neal, executive director of Arkansas Economic Development Commission. “Congratulations to the award recipients – the work we do today developing sites will lead to more and better job opportunities for Arkansans in the coming years.”
The funds can be used for a range of site development projects, including the extension and improvements of public infrastructure to the site; right of way acquisition; easement acquisition; soil borings and analysis; construction costs for site improvements, including drainage improvements, easement, dozer or dirt work, grading, site mitigation, and site rehabilitation; due diligence study costs; and other site development-related activities deemed necessary by AEDC to improve a sites’ competitiveness.
Photo (L to R): Hugh McDonald, Secretary of Commerce; Berryville Mayor Tim McKinney; Governor Sarah Sanders; Dean Lee, Berryville Economic Development Director; Clint O’Neal, AEDC Executive Director; Steve Jones, AEDC Building and Sites Coordinator.
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