The Clinton Herald, Clinton, Iowa

Fulton

May 15, 2014

Fulton officials excited by development support

FULTON, Ill. — Nearly one month ago, Fulton city officials received an unexpected gift from Wells Fargo through a community development program it sponsors promoting economic development, community services and affordable housing.

The donation to Fulton came in the form of a 140-foot by 140-foot parcel of land in the city’s third ward that the city’s aldermen had deemed an ideal location for a municipal park they had been wanting to pursue.

With that declaration to use the property donation for a city park, Wells Fargo decided they wanted to get even more involved by offering an additional $5,000 to the city for the park’s development.

“I don’t know how they heard about it, but word got back to them that we were going to use that property as a park and on their own they sent me an email that said they wanted to donate an additional $5,000 at the property’s closing to help build the park,” Fulton City Administrator Ed Cannon said.

After learning about the supplementary monetary donation, Third Ward Alderwoman Sue Van Kampen said she was floored by the support Wells Fargo has given to the city.

In addition, the donation also represented what she and other aldermen had envisioned for the third ward only a few months prior.

“It was a total surprise that when Wells Fargo found out that we wanted to put a park there, they were going to donate for some equipment costs,” Van Kampen said. “The way I look at it is, it must have been meant to be. We had been talking about cleaning up the third ward down there, giving them a safe and clean place for them to enjoy so we were all very pleased.”

Now, the city must wait until everyone is able to coordinate a closing date that was initially set for June 9. Cannon said that closing could come earlier than June 9, or later depending on what Wells Fargo forecasts for the future.

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