The Sheridan City Council recently awarded the bid for the Hi-Tech Business Park infrastructure project to Hot Iron Inc. out of Gillette in the amount of $1.5 million. Council President John Bigelow says that the goal of the business park is to create jobs and help diversify the local economy.
The Hi-Tech Business Park consists of 38.5 acres of land in north Sheridan that was part of the Wrench Ranch annexation acquired by the City in a land swap with Rice and Sons LLC. The bid awarded to Hot Iron was $367,000 below the engineer's estimate for the project.
The infrastructure project will extend water and sewer from the North Lift Station to the business park. The City received a grant from the Wyoming Business Council in the amount of $2.5 million to construct the infrastructure to the business park and within the park.