CLINTON — The Clinton County Community Development Association approved the issuance of a $2 million letter of intent to the Lincolnway Railport project at its regular meeting Wednesday.

But the question is, will it be enough to push the project toward completion?

While the railport project also was recently selected to receive a $2 million federal stimulus grant through the Iowa Department of Transportation Commission, Edward O’Neill, resource development specialist for Clinton Regional Development Corp., said the railport must have $10.8 million of its estimated $16.4 million cost committed prior to a DOT meeting today.

O’Neill informed the CCCDA board Wednesday that the railport currently had $7.8 million committed and needed an additional $3 million prior to the meeting with the DOT. The CRDC requested that the CCCDA commit the needed $3 million to ensure that the railport would have its required funding by today.

The CCCDA approved a motion to award a $2 million letter of intent, at $200,000 a year, to the railport project.

CRDC President and CEO Steve Ames and CRDC board chairman Tom Determann are unsure what the DOT will do at today’s meeting if the railport’s required $10.8 million is not secured. They are, however, excited with the CCCDA’s commitment to the project.

Ames said the plan is to break ground on the railport this year and have access to the rail park by 2010. Ames estimated that conservatively, 1,000 jobs could be created by companies interested in the railport.

The CCCDA also approved Fund A Grant recommendations at its meeting. It will award $300,000 to the Central Community School District for its project, Paving the Way for Central Success.

The Northeast Community School District will receive $200,000 for the Northeast Fine Art Building.

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