For Immediate Release - June 10, 2008

Governor Patrick Announces $375,000 M.O.R.E. Grant for Lakeville and $1 Million M.OR.E. Grant for Raynham

Projects will Create Hundreds of Jobs to Bolster Local Economies

LAKEVILLE - Tuesday, June 10, 2008 - Governor Deval Patrick today announced that the Town of Lakeville has been awarded a $375,000 Massachusetts Opportunity Relocation and Expansion (MORE) Jobs Capital Program grant to assist in the redevelopment of the former Lakeville State Hospital property and that the Town of Raynham has been awarded $1 million for the Raynham Woods Commerce Center.

The Lakeville project is expected to create 250 full and part time permanent jobs, while the Raynham project will result in 100 immediate jobs an expected 600 to 800 jobs at full build-out.

"The MORE Jobs Program provides resources to support partnerships between local municipalities and the private sector to foster development and help create hundreds of new jobs," said Governor Deval Patrick. "I am proud our administration can partner with cities and towns in this way to help both the state and local economies flourish."

This announcement comes weeks after Governor Patrick laid out his economic plan to create a culture of opportunity focused on restrained spending with immediate and long-term investments, while preparing for the impacts of a softening national economy. The MORE Jobs Program is one tool that the administration is using to stimulate economic growth across the state.

The Town of Lakeville has been awarded a grant to install a municipal water tower with a 250,000 gallon capacity that would allow for further development density in the immediate vicinity and insure public safety and adequate protections; make traffic improvements on Route 105 to include resurfacing and drainage work on Bridge Street from its intersection with Route 105 to the Middleborough Town line. These infrastructure improvements will support the redevelopment of the former Lakeville State Hospital property by Lakeville Hospital Realty LLC, which will also involve the demolition of the existing hospital building. Ultimately, the project will result in about 191,000 sq. ft. of retail stores, one free-standing family style restaurant, two office buildings and 100 age-qualified residences.

"I am very pleased that Lakeville Commons has been awarded this important grant," said Senator Joan Menard. "This money demonstrates the Commonwealth's continued commitment to attract and retain jobs in our communities."

"The MORE grant program was designed to help communities with critical infrastructure improvements to assist with economic development," said Rep. John Quinn. "I commend the Governor and his administration for recognizing the town of Lakeville in the awarding of this grant."

"It is exciting to have Governor Patrick visit Lakeville and provide the town with excellent news that critical funding will be provided for needed economic development," said Representative Stephen Canessa. "Through proactive and cooperative efforts we can continue to provide necessary resources that will benefit our communities."

The Town of Raynham will use the MORE grant for the design, engineering and construction of a culvert over Hill Street, as well as weir modifications, drainage swale modifications and roadway restoration. These infrastructure improvements will support current and future development of the Raynham Woods Commerce Center, a 330 acre business and industrial park by Paramount Development Associates, Inc. The reconstruction and improvements to the Hill Street culvert will remove a significant economic development impediment and support newly identified private development opportunities, such as Electrochem/Battery Engineering and Johnson & Johnson. At full build-out, the project is expected to create 600 to 800 jobs.

"I am thrilled that the town of Raynham will receive this significant funding from the Massachusetts Opportunity Relocation and Expansion Jobs Capital Program to carry out these essential improvements," said Senator Marc Pacheco. "I am happy that working with the Patrick/Murray Administration, Representative Flynn and local officials that this funding has been secured, which will enhance Raynham's infrastructure and expand job creation throughout the region."

"I am delighted by the inclusion of a $1,000,000 grant for the Raynham Woods Commerce Center to design and construct a new culvert, serving to alleviate drainage problems and ensure the integrity of the Raynham Woods Commerce Center roadway system," said Rep. David L. Flynn.

The MORE Jobs Program was established in an economic stimulus bill that was passed by the legislature and signed into law in June of 2006. Grants fund public infrastructure projects associated with economic development projects that support job growth in the Commonwealth of Massachusetts.

During the course of the next several weeks, the Patrick administration will announce the remaining municipalities that have been selected to receive round two MORE Jobs Grants.

###