Projects in Friday Harbor, Eastsound benefit from 2260 fund

They may not have gotten everything they asked for.

They may not have gotten everything they asked for.

But all three applicants came away with a share of San Juan County’s economic development dollars as part of last week’s annual distribution of the so-called 2260 fund.

Approved July 29 by the County Council, those distributions are: $195,000 to the county Department of Public Works, $100,000 to the town of Friday Harbor and $85,000 to the Eastsound Sewer and Water District. The town also received an additional $87,000 through its standing receipt of 25 percent of the amount collected annually in the fund.

The 2260 fund, authorized by the legislature in 1999, provides rural counties which plan under the state Growth Management Act with a .09 percent kickback on local sales tax receipts and allows that revenue to be distributed to economic development projects sponsored by publicly owned agencies. To qualify for funding, such agencies must also be included as part of the county’s economic development plan.

Public Works was seeking nearly twice as much as it received, while Eastsound sewer and water’s request totaled $135,000.

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