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On March 29 the Iron Range Resources & Rehabilitation Board announced it was awarding over $4 million to business, communities and outdoor recreation in the northland.
One of the organizations receiving money was the North Superior Ski and Run Club, which was awarded $12,500 to repair and rebuild several segments of the Pincushion trail system including the replacement of culverts. The project will purchase a new flail mower for summer trail maintenance.
Approximately $1.5 million in loans, $2.4 million in infrastructure grants, and $191,000 in trails grants was approved at today’s meeting to advance projects in northeastern Minnesota. Agency total investment for all projects combined is approximately $4.1 million. Total project investment is approximately $39.2 million. The projects are expected to increase the regional tax base, impact new and existing jobs, create construction jobs, provide essential services, and expand outdoor recreation. The loans are anticipated to impact 49 jobs. The infrastructure projects are projected to create 11 permanent jobs and 209 construction jobs.
Iron Range Resources & Rehabilitation is funded through taxes paid by Minnesota’s mining industry. The projects approved at today’s board meeting support the agency’s FY23 spending plan which focuses on leveraging capital, improving the quality of life and retaining and creating well-paying jobs. The agency supports businesses, communities and workforce development projects that make northeastern Minnesota a desirable place to live, work and play.
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