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Commission approves $200,000 private contribution for Welch Park in economic development agreement
Summary
The commission approved an economic development agreement with Riverton LLC (Cotton Mill investors) that includes a $200,000 contribution toward Welch Park improvements; design development will proceed with park board input and phased construction expected to finish by early 2026 if funded.
The Madison City Redevelopment Commission approved an economic development agreement dated 02/11/2025 with Riverton LLC that formalizes a $200,000 contribution from the Cotton Mill investors toward construction of Welch Park and adjacent improvements.
Tony, a city staff member, described the agreement as the result of several years of public-private work and said the Cotton Mill investors…
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