Business and Infrastructure financing yakes center stage at workshop

Looking for money for that business expansion, equipment purchase or how to finance infrastructure? The Solano EDC will be holding a breakfast meeting to answer "Where's the money? Financing Business and Infrastructure" will be discussed Sept. 28 in Fairfield at the Solano Economic Development Corporation (EDC) breakfast.

Four panelists will review current financial trends that can affect how well private business and Solano County cities can maintain a strong economic posture.

The event will be held at 7:30 a.m., Sept. 28 at the Courtyard by Marriott, 1350 Holiday Lane, Fairfield. Cost is $25 for Solano EDC members and $35 for non-members. Reservations can be made by calling 707 864-1855.

The panelists are:

Bob Thompson, North Bay Loan Officer, Bay Area Development Community: “Business financing using the Small Business Administration’s 504 Loan Program.”

Paula Connors, executive director, California Enterprise Development Authority. “Tax exempt financing—industrial development bonds, pollution control bonds, etc.”

Tom Lockard, managing partner, Stone and Youngberg. “Land secured financing for infrastructure to support economic development.”

Scot Townsend, City of Lindsay city manager. “Use of Community Development Block Grant (CDBG) funds to promote economic development.

The event is sponsored by PG&E and Travis Credit Union. It is part of the breakfast workshops EDC conducts during the year to generate discussions on timely economic development issues that affect private and public sectors.

The breakfast series is underwritten by the EDC Chairman Circle Members: Solano Garbage Company, Times Herald, The Reporter, Touro University and Potrero Hills Landfill.