Pine City Receives Stimulus Money to Repair Streets
Washington DC – The American Recovery and Reinvestment Act (Recovery Act) will help Pine City finish a big street project. Congressman Jim Oberstar and Agriculture Secretary Tom Vilsack today announced that rural communities in 32 states including Minnesota will benefit from loans and grants provided through the Recovery Act.
“To date, the Recovery Act has created or saved 2.8 million jobs across the country and this legislation is on track to create a total of 3.5 million jobs by the end of the year. The Recovery Act is helping our nation climb out of this recession faster than we would have had we taken no action at all,” said Oberstar.
The $193 million in Recovery Act projects are funded through the USDA Rural Development’s Community Facilities Program. Pine City will receive $585,000 to repair flood damage to local streets. That project dovetails with an ongoing $1.9 million street and storm sewer renovation at the intersection of Fifth Avenue NE and Second Avenue NE. “Pine City is ensuring that taxpayers are getting the best dollar for the tax dollars invested in this project,” said Oberstar.
(From office of Congressman Jim Oberstar)