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Kentucky Commerce Cabinet Lake Cumberland Newsletter

July 12, 2007
Contact: Chris Gilligan
502-564-4270 x168
chris.gilligan@ky.gov
   
Yeah, we got water and lots of boats, and people and fish…

 
 
Help Available To Kentucky Small Businesses Affected by Lower Water Levels on Lake Cumberland
 
 LEXINGTON, Ky. - The U.S. Small Business Administration (SBA) announced that small businesses in Kentucky impacted by low water levels on Lake Cumberland January 1, 2007 and continuing, can get one-on-one assistance in completing their economic injury disaster loan applications (EIDLs).
 
Business owners in the counties of Clinton, Laurel, McCreary, Pulaski, Russell and Wayne Counties and the neighboring counties of Adair, Casey, Clay, Cumberland, Jackson, Knox, Lincoln, Rockcastle, and Whitley in the Commonwealth of Kentucky and neighboring counties of Campbell, Clay, Pickett and Scott in the State of Tennessee are eligible to apply for these disaster loans from SBA. 
 
Eligible small businesses may qualify for loans up to $1.5 million. The interest rate is
4 percent with loan terms up to 30 years.  These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.  These loans are not intended to replace lost sales or profits.   SBA determines eligibility for the loans based on the size and type of the business and its financial resources.  Loan amounts and terms are set by SBA and based upon applicant's financial condition.
 
Beginning Monday, July 9th SBA will be visiting in the most significantly impacted communities to issue disaster loan applications and answer program questions.  The temporary Disaster Loan Outreach Centers (DLOC) will be open at the following locations and times:
 
Pulaski County DLOC #1
 
Center for Rural Development                                  
807 Monticello Street                                                            
Somerset, Kentucky 42501                                                    
Opens: Monday, July 9, 2007                                                
Hours: Monday – Friday; 9:00AM – 6:00 PM Eastern time, until further notice
            Saturday: 8:00 AM – 6:00 PM (July 14, one Saturday only)
 
Russell County DLOC #2
 
Charlene Harris Learning Center                              
848 West Steve Warriner Drive                                            
Russell Springs, KY  42642
Opens:  Tuesday, July 10, 2007 (One day only)
Hours:   9:00 AM - 6:00 PM (Central Time)
 
 
McCreary County DLOC #3
 
McCreary County Courthouse
Courthouse Square                                                    
Whitley City, KY  42653                                                    
Opens:  Wednesday, July 11, 2007 (One day only)
Hours:   9:00 AM – 6:00 PM (Eastern Time)
 
Wayne County DLOC #4                                                       
                                                                                   
Wayne County Courthouse                                       
East Main Street                                                                 
Monticello, KY  42633
Opens:  Thursday, July 12, 2007 (One day only)
Hours:   9:00 AM – 6:00 PM (Eastern Time)
 
Clinton County DLOC #5
 
Clinton County Courthouse                                      
100 South Cross Street                                                                                     
Albany, KY  42602
Opens:  Friday, July 13, 2007 (One day only)
Hours:   9:00 AM – 6:00 PM (Central Time)
 
 
Completed loan applications must be returned to SBA no later than March 26, 2008. 
 
Anyone unable to visit the Center(s) may obtain an application by calling the SBA's Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the hearing-impaired) Monday through Friday from 8 a.m. to 9 p.m. and Saturday 9 a.m. to 5:30 p.m. EDT. 
 
Business loan applications can also be downloaded from the SBA website at www.sba.gov/services/disasterassistance. Completed applications should be return to the Centers or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road,  Fort Worth, TX. 76155.
 
BRAINSTORMING MEETING
 
At the request of Governor Ernie Fletcher, Randy Fiveash, Commissioner of the KY Department of Tourism and Hilda Legg with the Governor’s Lake Cumberland Regional Office, recently hosted a small brainstorming meeting in Somerset. The goal was to evaluate what has been done so far this season, what is working as well as what is not working, see what needs to happen for the rest of this season and to make plans for next year.
 
A lively discussion generated a variety of good short and long term ideas. In the coming days those lists will be compiled and evaluated and shared with this group. We do not claim to have a corner on the market for good ideas so we are open to your suggestions as well. Feel free to e-mail your ideas back to me and I will include them on our list of ideas to evaluate. While no idea is too big or too small, please keep them realistic.
 
 
NO PLANS TO LOWER LAKE LEVEL FURTHER

US Army Corps of Engineers Colonel Steve Roemhildt says there are no plans to lower the level of the lake further, and that the situation is improving.
http://www.leesfordmarina.com/content/html/corpsvid.htm
 
 
NEW WEB CAM ADDED
 
Lee’s Ford Marina has added a new webcam. The link is below. Once you open the link click on “View Live Lake Webcam”.
 
http://www.leesfordmarina.com/
 
 
CORPS’ WEEKLY REPORT
 
None posted yet this week
 
 

NEWS ARTICLES
http://www.somerset-kentucky.com/archivesearch/local_story_185140023.html
McConnell: Dam repair a priority
http://www.kentucky.com/306/story/117664.html
Didymo found in Cumberland tailwaters
WEB SITES OF INTEREST
 
http://duo-county.com/cam_lake01.html
Jamestown Resort Marina, from the motel island looking ESE out to the main lake.
LIVE WEBCAM ON LAKE CUMBERLAND
 
http://www.instacam.com/showcam.asp?id=GRGTN&size=L
State Dock harbor, from the dock office looking NW out to Greasy Creek.
LIVE WEBCAM ON LAKE CUMBERLAND
 
http://www.leesfordmarina.com/
Lee’s Ford Marina
LIVE WEBCAM ON LAKE CUMBERLAND
 
KY Dept. of Tourism features Lake Cumberland.
http://www.kentuckytourism.com/lakecumberland2007.htm
 
Army Corps of Engineers Lake Cumberland/Wolf Creek Dam web page
http://www.lrn.usace.army.mil/WolfCreek/
The KY Department of Tourism Lake Cumberland photo gallery
http://www.kentuckytourism.com/lcphotogallery.htm
Lake level:
http://www.lrn.usace.army.mil/hh/resplots/wol_a.html
 
The Corps’ Manager's office home page:
http://www.orn.usace.army.mil/pao/lakeinfo/WOL.htm
 
Corps Nashville District:
http://www.lrn.usace.army.mil/
 
Corps Inundation Maps (click on “inundation maps”)
www.lrn.usace.army.mil/WolfCreek
________________________________________________________________________
 
CONTACT INFO:
If you have any questions, please e-mail them to me at: chris.gilligan@ky.gov.
 
Past newsletters are available at www.commerce.ky.gov.  Click on the “News” icon on the left side of the page to view them.
 
 

Chris Gilligan
Kentucky Commerce Cabinet
Executive Director for Communications
Did You Know... No Kentuckian is more than 40 miles from a Kentucky state park or historic site?
Experience the Unbridled Spirit of Kentucky.
www.kentuckyunbridledspirit.com
(O) 502-564-4270 ext. 168
(C) 502-330-4967
 

 


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