Groups fundraise for new Ironton stadium upgrade
IRONTON -- Backers of a proposal to build a new turf field at Tanks Memorial Stadium in Ironton already have raised more than $100,000 and have pledges for nearly $270,000 more, said Jodi Rowe-Collins, an Ironton resident working on the fund drive.
Ironton Superintendent Dean Nance said it would cost as estimated $570,000 to install the turf field. The school district has $75,000 in state funds that could be used for the project. That money will be available for another year or more, Nance said.
"We're looking at a number of different options to fund the project," Nance said. Among those is a proposal to seek funds from the county's Neighborhood Investment Project.
The Ironton Board of Education earlier allowed the Ironton Field Turf Committee to proceed with the fundraiser with the assistance of the Friends of Ironton, a local nonprofit group, Nance said.
"We're only in our second year of fundraising," Rowe-Collins said. Tax-deductible donations to the committee can be made to the Friends of Ironton, P.O. Box 4181, Ironton, with "field turf" in the memo line, she said.
The Lawrence County Board of Commissioners, along with County Treasurer Steve Burcham and Clerk of Courts Dale Burcham have a project called the Neighborhood Investment Project which allows the county to loan out money for local projects at a lower interest rate available at local banks, Burcham said.
The Fairland school district took advantage of the Neighborhood Investment Project to help refinance some school bonds, Burcham said.
The county has about $20 million that could be loaned out, he said. The interest rate is 1.75 percent for four years and 2 percent for five years, he said.