More Communities Get REDI Grants

The money from the Rural Economic Development Initiative Grants (REDI) will be used to build capital investment, effectively manage community resources, develop marketing strategies & increase job opportunities within these areas.

The City of Prescott received $15,000 to perform a feasibility study for a Minor League Baseball Stadium in Downtown Prescott. Upon completion of the study, it's the city’s desire to proceed with funding options & take appropriate steps to move the project forward.

The City of Holbrook received $6,500 to help identify & recruit new businesses & expansion by performing an Old Route 66 existing business & infill inventory. The economic development of Old Route 66 has taken on new light since the environmental cleanup of several brownfield sites. The grant includes a business inventory & classification assessment, complete & compare databases, & analysis projections.

The City of Payson received $6,250 to produce marketing materials to highlight the business & living environments of the Payson area. The matching grant will aid in the development of a brochure, CD, & folder. The materials will be available to promote biotechnology efforts & other trades to Payson.

The Town of Florence received a REDI grant for $5,000 to design, purchase, & install historic directional signs in strategic locations in order to show visitors where businesses are located & create an information kiosk in the center of the town.

As reported earlier, the Town of Miami received $4,426.50 to help survey, engineer, design, & develop 1+ commercial acre in the town. The project has the potential of increasing property taxes by several hundred percent. The project will survey the acreage, existing infrastructure availability & necessary engineering to allow plotting of the property and installation of infrastructure, curbing, & retention walls.