The City of Boulder got a reprieve of sorts due to COVID-19.
Because the novel coronavirus has slowed or halted many activities, the deadline for completing new projects through the Boulder Development Fund has been extended to Sept. 30 by the Montana Department of Commerce, said Boulder City Council President Drew Dawson.
The previous deadline had been June 30.
The $500,000 Boulder Development Fund was established in 2017 due to the closing of the Montana Development Center, and is designed to support economic development in the city.
The board overseeing the fund identified 15 projects in all, with some having been completed, such as high speed internet expansion and the subdivision regulations, which were recently approved April 20 by the Boulder City Council.
Others, such as the City Hall Expansion and the Boulder River trail project, remain in the works.
There was some concern in late March when the board overseeing the allocation of the money realized that it had misunderstood the June 30 deadline. The board thought it had until June 30 to commit to projects, but instead learned all projects had to be completed by that date.
The new Sept. 30 deadline “gave us more breathing room,” said Dawson.
Dawson said the board is now reevaluating which projects need to be extended.