College Trustees Vote Support for SEEDA Request

Northern Wyoming Community College District trustees at a meeting in June. (Photo by Pat Blair)
Northern Wyoming Community College District trustees at a meeting in June. (Photo by Pat Blair)

Trustees of the Northern Wyoming Community College District approved a resolution in support of an application for a $4.5 million grant/loan from the Wyoming Business Council.

Action came during the trustees' meeting Wednesday night. Sheridan City Planner Robert Briggs said the application by the Sheridan Economic and Education Development Authority will seek a $3 million grant and $1.5 million loan to fund construction of a light manufacturing building in the Sheridan Hi-Tech Park.

Briggs said the grant and loan would be used to build a 40,000 square-foot building that would be owned by SEEDA and be leased to Vacutech for five years. At the end of the five years, VacuTech would have the option to buy the building for just over $3.64 million.

Briggs said when Vacutech came to Sheridan, the company expected to provide 25 to 30 jobs, but in fact, the company now has more than 130 employees. Vacutech Chief Financial Officer Don Parrott said the reason for the application is for expansion. He said the company is growing about 20 percent per year.

Also at Wednesday's meeting, college trustees approved appointment of Bob Berger to a three-year term on the Sheridan College Foundation Board, and authorized expenditures for the college district from July 1 till July 19.

Authorization of expenditures is needed because the current fiscal year ends on June 30, but trustees won't consider the budget for next year until July 19. Approval is needed so the college can continue to pay for operations during that period. Trustees also considered the proposed calendar for the coming year.

View another photo below.

Another view of trustees at the June meeting. (Photo by Pat Blair)
Another view of trustees at the June meeting. (Photo by Pat Blair)
SheridanWyoming.com

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