Riverfront Development to Move Forward
Mayor Dwight C. Jones today issued the following statement regarding the City’s proposed Capital Improvement Program for FY2015-2019 and Riverfront Development: “It is clear to me after hearing from some very good friends who are aware of my ongoing commitment to riverfront development, that the Capital Improvement Program (CIP) budget put forth sends the wrong signal about the city’s intentions concerning riverfront development and specifically the Brown’s Island Dam Walk. I want to be clear: we are moving forward and it is my understanding that we are well on track to complete the Dam Walk before the World Road Cycling Championships come to Richmond in 2015. “The city has approximately $4 million in unspent funds for this project, because of the initial funding that I included in my CIP for FY2013-2017. We are also anticipating grant funding in the amount of $2.5 million; meaning we may have as much as $6.5 million on hand. The Brown’s Island Dam Walk is a key project in this f...