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OWDA funds $15M loan for Crestline sewer plant

The Village of Crestline announced today that the Ohio Water Development Authority (OWDA) has funded a $14.9 million Water Pollution Control Loan. The loan was approved by the Ohio Environmental Protection Agency (OEPA) earlier this month, and now the Village can move forward with the $19.5 million relocation and rebuild of their existing sewer plant. Groundbreaking is tentatively scheduled for March 20, and the construction is expected to be completed within two years.

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Huron County Students Experience Engineering Careers

The Huron County Business Advisory Council (BAC) hosted an “Engineering Day” for high school students who tested for an Architecture, Construction, or Engineering aptitude. These students visited area businesses, including the Huron County Engineer’s Office, BORGERS, Fabriweld, Mark Schaffer Excavating & Trucking and a presentation about the Engineering Tech program at EHOVE.

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Foundation, City Partner to Develop Barberton Site

In November, Barberton Community Foundation purchased the former B&P Polishing property located at 401 Newell Street in Barberton, Ohio. The long-vacant, 36-acre site will be redeveloped for industrial use and several prospects have been identified, with a local company already claiming 15 of those acres for expansion.

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Advocacy

Tracked Senate Bills – April 2021

Federal News:

President Biden’s $2T infrastructure & climate plan update:  The Biden Administration’s American Jobs Plan targets at least $1T worth of backlogged infrastructure improvements, according to the Biden Administration, including addressing a nearly 40-year backlog of bridge repairs.  The measure would represent the largest increase in federal spending for research and development and public infrastructure since the 1960s.

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Tracked House Bills – March 2021

State News:

More COVID Relief proposed in Ohio General Assembly:   Lawmakers are proposing another $2.15B in funding for statewide distribution as President Biden’s federal package (totaling $1.9T) winds through the U.S. Congress.

Bills were proposed March 2 in the Ohio House and Senate to push funding out to schools, businesses and a variety of other Ohio entities.  This state-level aid is sourced from the federal COVID relief package signed by the former president on December 27, 2020, with the state’s General Revenue Fund as another funding source.

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Tracked Senate Bills – March 2021

Federal News:

Congress gives final approval to President Biden’s $1.856T American Rescue Plan Act of 2021 (ARPA): On Wednesday, March 10, nearly on a party-line vote, the U.S. House passed the Senate’s version of the American Rescue Plan Act of 2021.  This is the second-largest pandemic aid bill, following the $2.2T stimulus package passed in 2020.  President Biden then signed the measure the next day, Thursday, March 11.

Formally, Section 9901 of HR 1319 (117th Congress) provides $350B to state and local governments, to be available through December 31, 2024.  The first tranche of these funds are to arrive to political subdivisions within 30 days of the State receiving ARPA funds (which themselves are to arrive to the State within 60 days of ARPA’s passage).

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Tracked House Bills – February 2021

State News:

State Budget introduced by Governor DeWine: On February 1, the DeWine Administration introduced its executive budget plan for State Fiscal Years 2022 – 2023, to be considered by the Ohio General Assembly.  With planned expenditures of $85.76B in SFY 2022 and $85.81B in SFY 2023, the budget neither proposes an increase in taxes (other than a $10 fee increase to register motor vehicles), deploying the state’s $2.69B rainy day fund, nor a significant reduction in spending.  The biennial budget is somewhat “normal” in most respects, despite the current circumstances, because one-time resources – such as the federal government’s assumption of a greater share of the state’s Medicaid spending (approximately $300MM in federal assistance each calendar quarter) – are being utilized.

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Tracked Senate Bills – February 2021

Federal News:

New Round of COVID Relief:  House Democrats are drafting a new COVID-19 relief bill modeled after President Biden’s proposed $1.9T in federal response announced in January.  A floor vote in the U.S. House is expected next week (the week of Feb. 22.); Congressional leaders are intending for the final bill to be signed by President Biden in early March.

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Events

Call for Presentations – 2019 OEDA Annual Summit

OEDA invites you to submit a proposal to present at the 2019 Annual Summit, themed “Better Together” to be held October 7-9, 2019 at the Embassy Suites Columbus-Dublin. This year's theme reminds all of us that partnership is a core value of economic development....