By Caitlin Cook
CHARLESTON, W.Va. -- Members of the West Virginia Economic Development Authority on Wednesday agreed to help finance the last project remaining from the decade-old state Economic Development Grant Committee.
WVEDA members agreed to a $65 million bond resolution to complete the wastewater treatment plant in the town of Moorefield.
In 2003, state legislators approved the excess lottery bonds, formerly called the Grant Committee. David Warner, executive director of the WVEDA, said the agency discussed all 47 initial projects from the Grant Committee.
"The majority of the projects have been completed for many years, and there was one town, Moorefield, that had a lot of different issues regarding financing, permits and delays," Warner said.
"We're pleased that's all wrapping up."
Also Wednesday, WVEDA board members granted final approval for a $9 million loan to Analabs Inc. in Crab Orchard.