Economic Development, Education To Benefit From State Funds

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Economic Development, Education To Benefit From State Funds
Posted on January 16, 2007

Checks for approximately $33,500 were presented today to the Lawrence County Education Foundation and the Lawrence County Joint Economic and Community Development Board.

These funds were from the sale of the Fanning Bend property near Tim?s Ford Reservoir. The state legislature mandated the distribution of these funds to certain counties with joint boards and education foundations.

Lawrence County Executive Paul Rosson said ?these funds will be earmarked for economic development opportunities and educational initiatives.? Rosson further thanked the state legislature and Governor Phil Bredesen for their insightful direction on these funds.