Monday, May 16, 2005
Michael Shore, MEDC
$4.4 Million Dredging Project Will Save, Create Jobs
"The Saginaw River is part of Michigan's vital transportation infrastructure," Granholm said. "We cannot sit by and allow it to become unusable. Jobs are at stake and more stand to be created."
The Saginaw River is the state's eighth largest port by cargo volume, according to the Michigan Department of Transportation.
Saginaw County's Vision 2020 spearheaded this effort in making the Upper Saginaw River Dredging one of the county's top priorities. "As a call to action this administration worked very closely with Vision 2020 to bring this project to fruition", Lt. Governor John Cherry said. "The project's success serves as an example of the kind of good work that can come from state and local partnerships."
The Federal Army Corps of Engineers has committed funds to the dredging portion of the project and part of the costs of relocating silt removed from the river bed. The total federal contribution is approximately $2.5 million. Saginaw County is expected to contribute $333,000 in addition to $334,000 from the Saginaw County River Alliance
James Koski, Public Works Commissioner of Saginaw County and Vision 2020 member, added, "We are pleased with the leadership shown by the Governor's office and the MEDC on this complex project. It will keep an important shipping channel open for major agricultural and construction industries for years to come."
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.