ITC Midwest Awards $5,000 Grant To Promote Conrad’s Growth
May 19, 2025 | ITC Midwest
CONRAD, Iowa (May 19, 2025) — ITC Midwest has awarded a $5,000 Power of Connection grant to support the City of Conrad in their efforts to develop land recently purchased by the city. These funds will be used to cover a portion of the engineering fees associated with the project, which aims to enhance the community’s infrastructure and prepare for future commercial development.
The City of Conrad has purchased 93 acres of land east of the city’s boundaries and is in the process of annexing this land into the city limits. With new developments, whether residential or commercial, the city council is also preparing additional lots for potential new development. Currently, there is only one parcel left in the commercial zoning classification.
“This project is an investment in Conrad’s long-term economic growth,” said Lori Stansberry, City Administrator of Conrad. “By developing our infrastructure, we are creating new opportunities for local businesses and positioning Conrad as a thriving destination for commercial activity.”
The recently purchased land will provide a comprehensive framework for future economic development, ensuring that Conrad remains a vibrant and attractive community for residents and visitors alike.
“The Power of Connection grant provides assistance with soft costs that are instrumental in getting growth projects off the ground,” said ITC Midwest President Dusky Terry. “Contributing funds in this way fosters an opportunity to enhance the impact of economic development in Conrad for the benefit of the entire area.”
About the Power of Connection Program
The Power of Connectioncommunity grant program is an initiative of ITC Midwest and the Iowa Rural Development Council (IRDC). This innovative economic development program is designed to pair rural communities seeking assistance with IRDC resource teams. Those teams drive both community conversations and solution development for problems or projects.
Communities eligible for the Power of Connection program must have populations of under 10,000 and be outside of a metropolitan area. Power of Connectiongrant dollars cannot be used for construction, real estate or equipment.
About ITC Midwest
ITC Midwest LLC is a wholly-owned subsidiary of ITC Holdings Corp., the nation’s largest independent electricity transmission company. ITC Midwest operates more than 6,600 circuit miles of transmission lines in Iowa, Minnesota, Illinois, Missouri and Wisconsin. ITC Midwest is headquartered in Cedar Rapids, Iowa, and maintains regional operating facilities in Dubuque, Iowa City and Perry, Iowa; and Albert Lea and Lakefield, Minnesota. For further information visit www.itcmidwest.com. ITC is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. For further information visit www.fortisinc.com.
Media Contacts:
Bill Menner, Executive Director, Iowa Rural Development Council
director@iowardc.org or 641-990-4757
Darcy Moulin, Lead Communications Specialist, ITC Midwest
dmoulin@itctransco.com or 319-297-6837