Page 11 - John Fedo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Construction of new trailhead building may begin later this year Posted Keith Vandervort ELY – The Ely Economic Development Authority gathered Tuesday night to discuss and plan their goals for the upcoming year to promote the economic growth of the business community. The city’s economic advisor, John Fedo, initiated the discussion with a look back at the progress and successes of the EEDA’s efforts in the last year in the midst of the unique challenges of COVID-19. “Which of these (goals) are still valid, and to what degree?” Fedo asked in reviewing the 2020 list. “Trailhead d...

Keith Vandervort ELY - The city of Ely was one of 12 northeastern Minnesota communities that received grants from the Department of Iron Range Resources and Rehabilitation to address economic hardships created by the coronavirus pandemic. The Taconite Area Community Relief Grant was established in July by the IRRR, and all 12 applicants were funded. Ely matched a $125,000 grant with $30,000 of its own, and six businesses that have been hurt by the COVID-19 business shutdowns have received $77,000 in forgivable loans thus far. Additional forgivable loans could be provided to other Ely busi...