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|Official: $50 MILLION Invested in Monmouth in Two Years
|The last two years have seen what could be described as a massive amount of development in one area community.
City Administrator Eric Hanson says he wanted the Monmouth City Council to think a little about that development at their meeting this past Monday night. He says in just the two years he's been city administrator, there has been more than $50 million in private and public investment in the city, ranging from the city's ongoing construction of a new waste water treatment plant, to the new Monmouth Crossing retail center ground was formally broken on last week.
Hanson tells WGIL it's truly a city-wide effort that has made that much investment possible.
"I'm very proud of all the things we have going on here," Hanson said, "both in terms of the public infrastructure improvements that we're making, along with all the private investment that's gone on, and the number of jobs. The effect that has on our local economy is quite substantial."
Hanson says hitting that milestone is, in his words, pretty significant, and now the goal becomes moving that dollar amount up to $100 million -- doable, he believes, despite the recession.
He says as evidence of that, there are still two months left in this year, and there could be some more projects that could get off the ground by then.
(Officials break ground October 27 on the new "Monmouth Crossing" retail center in Monmouth, the latest in the series of developments over the last two years in the Maple City. WGIL News Story by Will Stevenson. File Photo by Michele Bizarri.)
|11 04 09 by Newsroom
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