For immediate release: June 24, 2015
For more information, please contact: Craig Larsen, Port of Chelan County, Business Development Director at 509-663-5159 or email@example.com
North Central Washington Economic Development District announces priority project rankings
Wenatchee, WA. - The North Central Washington Economic Development District has announced its annual ranking of regional projects of economic significance. The rankings were approved by the NCWEDD on June 10, 2015 after receiving a recommendation from a regional NCWEDD Committee of individuals representing organizations, City and County officials from Chelan, Douglas, Okanogan Counties and the Colville Confederated Tribes who reviewed and evaluated the submitted applications.
Sixteen projects from throughout North Central Washington submitted Letters of Inquiry to the NCWEDD for the ranking process. After committee review, eight of the applicants were invited to submit a full proposal. After careful review of the proposals, the committee ranked the projects based on a number of established criteria, including measurable regional economic benefits, measurable community benefits, fully developed plan and strategy, alignment with NCWEDD goals and objectives, and local and regional support.
Committee Chair Craig Larsen, Business Development Director for the Port of Chelan County thanked the Committee for their hard work and noted that “while different, all were strong economic development projects making it hard to rank the top three”.
The project rankings for 2015 are as follows:
1. Pateros Water System Project – City of Pateros
2. Failing Water Reservoir – City of Brewster
3. Washington State Department of Transportation headquarters relocation project – City of Wenatchee
NCWEDD resources including letters of support, fund sourcing, and project facilitation have been allocated by the membership.
To date, the North Central Washington Economic Development District has secured $765,000 in grant and low-interest loan funding for a variety of projects in Chelan, Douglas and Okanogan Counties as well as the Colville Tribe through this process.
The North Central Washington Economic Development District (NCWEDD) is the federally designated economic development district for the region covering Okanogan, Douglas, and Chelan counties and the Colville Confederate Tribes.