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ARPA Funding To Help Stimulate Local Economy | News, Sports, Jobs

Mount Equity Group Tokyo Japan > News > Markets > ARPA Funding To Help Stimulate Local Economy | News, Sports, Jobs


The purpose of the American Rescue Plan Act is to stimulate the local economy.

That is the opinion of Joe Town who owns Pace’s Pizzeria in downtown Jamestown. Earlier this month, Town and two other restaurant owners – Eric Hagglund of 4 Below Haggy’s Bar and Grill and Patti Centi of Landmark Restaurant – were invited by city officials to speak about ARPA funding that is being designated to assist small businesses during a Jamestown City Council work session meeting.

In the city’s ARPA draft plan for economic development, $10 million in funding of the $28 million the city received in federal stimulus is being allocated to assist small business owners, like Town, and large manufacturers.

In the draft plan, $200,000 is being allocated to assist restaurants, retail and services businesses for initiatives like creating outdoor spaces, booking entertainment, holding industry-related training…

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