Wednesday, August 13, 2008

Cincinnati backs Boston Beer remediation money

Cincinnati City Council has approved unanimously an ordinance backing the Boston Beer Company's Clean Ohio Fund request for the remediation and expansion of its West End plant.

The new ordinance allows the City to submit a Clean Ohio Revitalization Fund (CORF) grant application for up to $3 million from the Ohio Department of Development (ODOD).

The ordinance became necessary after it was discovered that cleanup of the contaminated property at 1654 and 1660 Central Avenue would cost much more than the $750,000 Clean Ohio Assistance Fund (COAF) application approved by council last May.

COAF grants are capped at $750,000.

The deadline for CORF Round 5 applications is August 25, with a total of $17 million in grants available through the statewide competitive program.

Grants will be awarded by ODOD in December, and Boston Beer Company will pay the required 25 percent in matching funds.

Photo credit: Flickr user [[MorphoMir]]

Previous reading on BC:
Cincinnati looking to up Boston Beer grant money (8/1/08)
Clean Ohio grant could aid in Boston Beer expansion (5/23/08)