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Economic Development Administration

Monday, August 29, 2011

Fenton Wants Out of Federal Grant for Chrysler Site

Mayor says the grant project veers away from marketing the former auto manufacturing site and does not benefit the city.

A grant program originally devised to market the former Chrysler plant in Fenton has strayed so far from its original premise that the city no longer wants a part of it. And it wants some of its money back too. The Fenton Board of Aldermen gave preliminary reading Thursday to a bill that would withdraw the city from participation in a Section 209 Economic Adjustment Strategy Grant from the U.S. Department of Commerce's Economic Development Administration (EDA). The city joined in the EDA program in 2009 with the St. Louis County Economic Council and the Missouri Department of Economic Development. Just before the bill was to have a vote for final approval, Ward 2 Alderman Joe Maurath requested the bill be held and sent to a committee for …

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