Holts Summit seeks $450,000 street grant
Tuesday, September 11, 2012
Holts Summit Administrator Brian Crane said Monday the city has applied for a $450,000 Community Development Block Grant from the Missouri Department of Economic Development to build a new city street to serve Pro Foods Systems Inc., a Holts Summit food distribution firm.
To qualify for the grant, the firm must agree to hire 40 new employees during the next three years.
Crane said the city’s share of the cost of the $450,000 grant is about $120,000. He said the city is buying and selling property as part of the deal and the net result of the transactions is ....