GNB Update

The mid-week is in the books...Here's the news...

A Georgia city is a big beneficiary of the federal stimulus package. WTOC in Savannah reports that $1 million in federal stimulus money will be spent towards buidling a new ferry system for the Savannah River. The new vessel is expected to accomodate up to 150 passengers. That's up from the 95-100 passengers the current boats can currently occupy. The new ferry is expected to be finished by the spring of 2011.

Federal stimulus money cannot be used to move a new business elsewhere. That was the remark U.S Vice President Joe Biden made Wednesday regarding the upcoming move of NCR to Georgia. Ledger-Enquirer.com reports that Vice President Biden that the city of Columbus lured the ATM manufacturer there last month with the promise of more than 800 jobs, and more than $7.5 million in incentives. But according to a report from a Dayton, Ohio radio station, Vice President Biden says that federal stimulus dollars wouldn't be used to move jobs from one state to another. Columbus officials recently applied to the federal Economic Development Administration for $5.5 million in stimulus funds.

A proposed civil rights museum is paying off a loan...before it even opens. The Associated Press reports that the Center for Civil and Human Rights will pay the balance of the loan on the 10,000-document collection of Dr. Martin Luther King, Jr. The museum will $11.5 million to settle that debt. It will be paid using a $40 million allocation approved by the Atlanta City Council. The council is expected to vote on the amendment to that agreement on Monday.

That's the news. GNB is available online at georgianewsbeat.blogspot.com, and on Twitter at twitter.com/georgianewsbeat. Enjoy your Wednesday night.