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SLIB OKs $1.48 million grant for Evanston

Posted: Friday, Jan 25th, 2013


City news


EVANSTON — The Wyoming State Loan and Investment Board recently approved nearly $10 million in business ready grants to Wyoming communities, including $1.48 million for the city of Evanston to purchase property from Pioneer Oil that includes a pair of rail spurs.

According to a release from the SLIB, the decision to grant the funds was made at its Dec. 6 meeting in Laramie. The applications, which were submitted to the Wyoming Business Council, were forwarded to the SLIB, as is required by state statute.

The amount of Evanston’s request will pay for the majority of the site, which includes four lots on eight acres.

The city tentatively purchased the site during a Dec. 31, 2012, special session, agreeing to a contract that required $50,000 in earnest money, but stipulated the contract would be voided if the business ready grant was denied.

“The goal of the city of Evanston for some time is that we felt like we needed to buy a rail spur,” Evanston Mayor Joy Bell said at the special meeting. “This piece of property has two rail spurs on it — one we will be purchasing, and one we have the ability to lease from Union Pacific.”

The Wyoming communities of Sundance, Laramie, Rock Springs and Rawlins were also approved for grants.











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