The Triumph Board voted to fund projects in the local area. Two of the projects are in Walton County. Santa Rosa also has one project that will be funded.
FREEPORT —The Triumph Gulf Coast Board has agreed to fund eight projects in five counties totaling more than $15 million to create new high-wage jobs and workforce training.
Three of the projects are located in the local area.
In Walton County, the Triumph Board has entered into a Grant Award Agreement with Northwest Florida State College for $2.76 million grant to support the expansion of the Walton Works Training Center of Excellence at the College’s Chautauqua Center in DeFuniak Springs.
The project will provide access to relevant training opportunities that are responsive to job demands and create a path to higher educational attainment and high-wage careers. The project will also establish workforce training programs in industrial trade, cybersecurity, unmanned vehicle systems operations, law enforcement, fire science and emergency medical technicians.
The Fire Science and Law Enforcement programs will include collaboration and onsite training at the Walton Sheriff’s Office facility in DeFuniak Springs.
The Triumph board also agreed to move to Term Sheet negotiation for a joint application from the Walton Economic Development Alliance (EDA), Walton County and the city of DeFuniak Springs. The application requests $1.74 million to extend water and sewer service along the west side of U.S. Highway 331 for nearly 4 miles. The extension would run from near Interstate 10 to just north of Eglin Range Road.
The EDA, in conjunction with the county, is negotiating for land along the corridor that would be suitable for business, industrial and commercial development. The county has committed to the creation and maintenance of at least 100 jobs at the new development. The EDA also has a commitment from a defense contractor for the creation of at least 35 jobs at the new site.
Santa Rosa County has also grants from the Triumph Board.
The county has requested a $4.5 million Triumph grant to complete county infrastructure to the Blackwater Industrial Park for Project Runner, a confidential competitive economic development project. The county also requested a $3.5 million grant over 10 years for property tax abatement for the same project.
Project Runner has committed to create at least 400 jobs at an average annual wage of at least $46,000. The grant to Santa Rosa County would be part of a competitive incentive package that also includes property tax abatement and tax refunds from the county and state to win the project for the region.
Both requests were unanimously approved to move to Term Sheet negotiations.