- Associated Press - Friday, February 7, 2014

CHEYENNE, Wyo. (AP) - The State Loan and Investment Board has approved a $2.5 million loan to develop infrastructure on the site of a proposed conference center near downtown Casper.

The 3-2 decision by the board comes about three weeks after it had rejected a similar proposal.

In addition, the money is less than the $5 million grant the Amoco Reuse Agreement Joint Powers Board originally requested.

The joint powers board chairman, Bryce Row, tells the Casper Star-Tribune (https://bit.ly/LEq7Jo ) that his board will have to meet with private developers to see how the new amount affects the project.

The project seeks to develop former refinery land into a commercial district, with a conference center and luxury hotel as the anchor.

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Information from: Casper (Wyo.) Star-Tribune, https://www.trib.com

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