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This grant provides funding to the City of Mount Airy to improve water and sewer infrastructure necessary to support the redevelopment of the Spencer’s Mill facility and to serve nearby businesses. The City of Mount Airy is working with developers to create a multi-use center at the mill that includes lodging, dining, 80 market rate apartments, and a business center. The total planned private investment is projected to be $28.5 million and is expected to create more than 110 permanent jobs.