Grant will fund Wall Street improvements, aid in Atlantic expansion
By DEUCE NIVEN
Funding to extend curbing and guttering on Wall Street was approved by North Carolina’s Rural Infrastructure Authority (RIA) on Tuesday.
Approval of the $150,000 grant under the state’s federally-funded Community Development Block Grant (CDBG) – Economic Development program was among 17 grants to local governments totaling $5,535,271 announced by Gov. Roy Cooper.
Public investment in these projects will attract more than $82 million in private investment, the governor said in a news release.
“Rural North Carolina needs investments in water and sewer systems and buildings to attract better paying jobs,” Gov. Cooper said. “These grants will help improve the quality of life and put more money in the pockets of rural North Carolinians.”
Extending an ongoing curb and gutter project on Wall Street, that already includes a section from East 5th to 6th streets, will cost about $350,000, Tabor City Town Manager Al Leonard said Tuesday.
With the improvements from 6th to 8th streets, Atlantic Packaging expects to create 10 jobs and invest $140,000 in the facility there, the governor’s news release said.
The grant “will support improvements to road access and drainage to meet the needs of Atlantic Packaging’s manufacturing and distribution operations,” the news release said.
Look for more on this story in this week’s Tabor-Loris Tribune in print and online.