At first glance, the town of Edwardsville, Ala., with a population of 194 people, might raise a few eyebrows with its bid to receive $375 million from the economic stimulus package being assembled by Barack Obama and lawmakers in Congress.
The tiny town, located near the Georgia border and 26 miles from the nearest "big city" of Anniston (population: 24,276), added 33 proposals—about two thirds of them related to "green" energy—to the list of "ready- to- go" projects assembled by the U.S. Conference of Mayors. Total sum: $375,076,200.
That comes out to nearly $2 million per Edwardsville resident...
"Do you know how hard it is to fund some of these projects when your tax base is so low?" Phillips says. "So we just breathed this sigh of relief when we found out about the stimulus package . . . especially when it had a focus on renewable energy."