Yankton Awarded Grant for Infrastructure Improvements


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PRESS RELEASE
711 E. Wells Ave.  |  Pierre, SD 57501  | 800-872-6190 | fax 605-773-3256
FOR IMMEDIATE RELEASE: Wednesday, Sept. 1, 2010
CONTACT: Mary Lehecka Nelson, Marketing and PR Manager 

Yankton Awarded Grant for Infrastructure Improvements

PIERRE, S.D. – Gov. Mike Rounds announced a financial assistance grant today that will help Yankton improve access to an industrial park.

The Governor approved a $142,200 Community Development Block Grant (CDBG) for the City of Yankton to help extend Gehl Drive by 750 feet.

The street extension will allow the city to provide water, sewer and transportation services to Dakota Trailer Mfg., which is expanding, as well as future commercial projects in the East Side Industrial Park.

“This is an important improvement that will yield both immediate and future benefits,” Gov. Rounds said. “The last couple of years have been tough on Yankton’s manufacturers, and this project can help the community recover. We are pleased to help in any way we can.”

Dakota Trailer’s new 36,450-square-foot building will result in an additional 25 to 49 jobs in Yankton. The company’s private investment in the expansion project is about $2.43 million.

CDBG is a reimbursement program, and Yankton will receive the funds as work is completed. The federal Department of Housing and Urban Development funds the CDBG Program, and the Governor’s Office of Economic Development administers it.

The federal program provides communities with financial resources to address a wide range of unique community development needs.

Past grants have been used for improvements and construction of community buildings, fire halls, water systems, and sewer systems.

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