Properties in Coshocton, Lorain, Montgomery, and Muskingum counties will receive more than $225 million from the All Ohio Future Fund (AOFF), which “will be used to improve infrastructure” to help prepare the sites for future economic development, Governor Mike DeWine, Lt. Governor Jim Tressel, and Ohio Development Director Lydia Mihalik recently announced in a news release. This is what the governor intended when he created the AOFF with the support of the General Assembly—to prepare large sites with needed infrastructure so they could attract economic development projects. Governor DeWine said, “[w]hen major corporations are looking for somewhere to build, they want sites that are prepped and ready for construction. By investing to build infrastructure at the Conesville, Lorain, Dayton, and Frazeysburg sites, we’re making Ohio more competitive and positioning those regions to attract projects that create good-paying jobs and boost the state’s economy.”
The Dayton International Airport “will receive $78,750,000 for upgrades to the Dayton Airport Defense and Aerospace campus.” Plans include “building a new apron and rehabilitating the existing one to expand the airport’s capacity for new hangars” to support future projects. The Lorain County Board of Commissioners “will receive $67,412,580 for infrastructure improvements at the Lorain County Mega Site. The funding will expand water capacity to deliver up to 10 million gallons per day, improve wastewater service, and support design and engineering for a new wastewater treatment plant.” The Conesville Industrial Park will receive $58,752,504 for “roadwork, utility upgrades, and water and wastewater improvements to help prepare the site for future development.” The Zanesville-Muskingum Port Authority “will receive $20,701,384 to provide water and sanitary access to 600 acres in Jackson Township, within the Frazeysburg development area.” That money will “support new public water and wastewater infrastructure to serve the site.” Those improvements “will allow the site to be marketable to a variety of potential end-users and encourage investment in the region.” For more, read the full news release.
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