Colorado Economic Recovery

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“Fort Lewis College in Durango is hosting the next meeting of the Colorado Economic Recovery and Accountability Board in the Lyceum at the Center for Southwest Studies. The meeting is scheduled for 1 to 5 p.m. Friday, July 24, and is open to the public.


Fort Lewis College in Durango is hosting the next meeting of the Colorado Economic Recovery and Accountability Board in the Lyceum at the Center for Southwest Studies. The meeting is scheduled for 1 to 5 p.m. Friday, July 24, and is open to the public.


 The board is a volunteer panel appointed by Gov. Bill Ritter to oversee recovery funds coming to the state. The board meets monthly to hear reports from agencies distributing funds from the American Recovery and Reinvestment Act and to discuss developments with implementation of the landmark law. This is the first of numerous board meetings that will be held outside of metro Denver.


 At the July 24 meeting, the board will hear reports from the Colorado Department of Local Affairs and federal agencies about grants going to rural communities. The complete agenda will be posted on the accountability board website, www.colorado.gov/recovery before the meeting. Members of the public are welcome to address the board and to ask questions.


 Members of the Governor’s Economic Recovery Team will also be in the Durango area on Thursday, July 23 for meetings with interest groups. On the morning of July 24, the governor’s staff will be meeting with local officials at the Durango Public Library, 1900 E. Third Ave. Maranda Pleau, the director of minority and small business outreach for the Governor’s Economic Recovery Team, will be available to meet interested business owners and residents at the library that morning from 10 am to noon.


Over the next two years, Colorado could receive more than $7 billion in direct funding, competitive grants and tax relief from the Recovery Act. So far, millions of dollars from the Recovery Act have already been used to create jobs, increase unemployment benefits, reduce taxes, assist those on Social Security, and keep public schools operating in the face of dwindling tax revenue. Major highway projects have begun and dozens more public works projects will begin in the next few months.


 For more information about the Recovery Act, visit www.colorado.gov/recovery.

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