City offices will be closed Monday, Oct 5 due to the heavy rains.
The exact size of the property, owned by Riverfront Holdings II, LLC, has not yet been finalized, nor have all terms of proposed amendments to the existing development agreement or the land purchase agreement been finalized. Therefore, the purchase price is not yet finalized, but the proposed park would be between 6-7 acres with an estimated purchase price of between $3.5-$4 million.
The city has considered park space for downtown for several years and open space is the number one recommendation in the city’s Vision 2020 plan that outlines a plan for downtown growth and development. “The lack of downtown parks and open space has a critical impact on the urban environment. Without inviting recreation opportunities or public gathering places, the reasons for visiting or staying downtown are reduced for both local residents and tourists,” the plan states.
The city has been working on this for several months and expects to have finalized documents ready for City Council to consider at their Nov. 19 meeting.