Unemployment continues to drop in Mitchell County, KS. According to the latest report from the Kansas Department of Labor the unemployment rate in Decembr was 4.0%. That is down from 4.7% in November.
The December unemployment report also shows good improvements over last years figures when the unemployment rate in December 2009 was at 7% in Mitchell County.
Monday, January 31, 2011
Wednesday, January 19, 2011
2011 off to a BIG start
One of the best indicators of economic growth and strength is "construction". When you have construction activity in your community it demonstrates confidence and a dedication to individual and business investment in your community.
Since October 18, 2010 our county commissioners have approved over $7.8 million in construction projects under our Neighborhood Revitalization Pogram. That's almost double the amount of construction projects approved under the same program from Oct. 15, 2009 to October 15, 2010.
We already have over $11 million in construction projects planned in Mitchell County, KS for this Spring. This include a $5.2 million project being undertaken by Farmway Coop for a grain storage and handling facility in Glen Elder, KS; a $2.2 million addition and remodeling project for First National Bank in Beloit, KS; remodeling the former Beloit Juvenile Correctional Facility "lock down" facility into a joint city and county law enforcement center and jail; remodeling the cafeteria on the former correctional facility campus into a new library; the Crown Homes housing project that will add 10 new homes in Beloit totaling over $1.3 million in construction and several smaller commercial and residential building projects scheduled for this Spring.
It's exciting to see this magnitude of construction taking place in a county of approximatley 6,500 people. It shows a strong committment to investing in our community.
Another exciting development is the work being done by the North Campus Development Steering Committee. This is a committee made up of people from our community who will help create a plan for development of the North Campus (the former state Correctional Facility campus. The steering committee is focusing on development plans for approximtley 46 acres of agricultural land along and just south of U.S. Highway 24 in Beloit. Some of the land will be utilized for commercial growth along the highway. The committee is also looking at designating a portion of the land for additional housing.
This type of activity is a sign of positive economic growth in our community.
Since October 18, 2010 our county commissioners have approved over $7.8 million in construction projects under our Neighborhood Revitalization Pogram. That's almost double the amount of construction projects approved under the same program from Oct. 15, 2009 to October 15, 2010.
We already have over $11 million in construction projects planned in Mitchell County, KS for this Spring. This include a $5.2 million project being undertaken by Farmway Coop for a grain storage and handling facility in Glen Elder, KS; a $2.2 million addition and remodeling project for First National Bank in Beloit, KS; remodeling the former Beloit Juvenile Correctional Facility "lock down" facility into a joint city and county law enforcement center and jail; remodeling the cafeteria on the former correctional facility campus into a new library; the Crown Homes housing project that will add 10 new homes in Beloit totaling over $1.3 million in construction and several smaller commercial and residential building projects scheduled for this Spring.
It's exciting to see this magnitude of construction taking place in a county of approximatley 6,500 people. It shows a strong committment to investing in our community.
Another exciting development is the work being done by the North Campus Development Steering Committee. This is a committee made up of people from our community who will help create a plan for development of the North Campus (the former state Correctional Facility campus. The steering committee is focusing on development plans for approximtley 46 acres of agricultural land along and just south of U.S. Highway 24 in Beloit. Some of the land will be utilized for commercial growth along the highway. The committee is also looking at designating a portion of the land for additional housing.
This type of activity is a sign of positive economic growth in our community.
Monday, January 17, 2011
Residential Work Tops Neighborhood Revitalization
A more in depth look at last years Neighborhood Revitalization Program shows that housing construction and renovation was more dominant in the program cycle that ended October 14, 2010. During that time there were 18 resident construction and remodeling projects that totaled $1,845,946 in construction dollars. There were 8 agriculture related projects totaling $742,507 and 6 commercial projects totaling $1,961.705 spent on materials and labor.
There were a total of 33 construction projects approved in the Neighborhood Revitalization Program from October 16, 2009 to October 15 2010. Those represent a total of $4,550,158 spent on local construction. (This is not the amount of money rebated)
The construction projects were spread throughout the county.
Sixteen were in the City of Beloit; 10 were near Beloit; 2 were in Glen Elder; 2 were outside Glen Elder; 2 were in Tipton and 1 was outside Tipton.
There were a total of 33 construction projects approved in the Neighborhood Revitalization Program from October 16, 2009 to October 15 2010. Those represent a total of $4,550,158 spent on local construction. (This is not the amount of money rebated)
The construction projects were spread throughout the county.
Sixteen were in the City of Beloit; 10 were near Beloit; 2 were in Glen Elder; 2 were outside Glen Elder; 2 were in Tipton and 1 was outside Tipton.
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