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SLIB Provides Money For Snow King Project

June 24, 2013 Jackson Hole, State of Wyoming, Town of Jackson No Comments
money

Jackson last week was granted part of a $1.5 million Business Committed Grant it had requested for the Snow King Mountain Resort. The Wyoming State Loan and Investment Board instead approved a $500,000 Community Enhancement grant and a $1 million Community Enhancement loan with a 1/2% interest rate for improvements to snow-making and other infrastructure.  SLIB members made their decision based on recommendations from the state business council that the grant amount be trimmed since the project would primarily create seasonal jobs.  The SLIB is made up of the five statewide elected officials: Gov. Matt Mead, Secretary of State Max Maxfield, State Treasurer Mark Gordon, State Auditor Cynthia Cloud, and State Superintendent of Public Instruction Cindy Hill.

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