CGCC Funding Request To Be Considered By City And County

The request from Columbia Gorge Community College for three-point-five million dollars in enterprise zone payments resulting from the latest Google projects to help develop a skills center and housing will go to a joint Wasco County/City of The Dalles panel to determine a recommendation to both governments on whether to provide the funds.  CGCC needs to provide a match to 7.3 million dollars in state funding by the end of January 2019, with the school having committed to 3.8 million dollars for the housing portion.  Wasco County Commissioner Scott Hege says the latest series of Google payments is expected to bring one-point-two million dollars annually with an expectation of going higher over 15 years, and if the CGCC plan is approved he’d like to see a payoff of the debt take place quickly rather than over longer period time require more expenditures on debt service.  Both the County and the City must approve the usage of the enterprise zone funds.

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