PORT ANGELES — A project in Forks is on its way to receiving funding.
The Clallam County commissioners during their work session Monday learned about the Opportunity Fund Advisory board’s recommendation that an application from the city of Forks for a loan and a grant be approved.
The loan, in the amount of $260,000 at an interest rate not to exceed 4.5 percent over 20 years, and the grant, in the amount of $675,000, both would be contingent on the city of Forks executing a lease with Riverside Forest Products USA for the Forks Industrial Park.
The funds would be used to make building improvements and upgrade the electrical system, according to the agenda memo.
Riverside Forest Products is a milling company from Surrey, British Columbia, that has been having challenges getting supply,