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City outlines West Riverwalk funding plan as advocates press for $10 million CRA allocation
Summary
City staff and supporters described a mix of federal, local and CRA funding being pursued to complete the West Riverwalk; Friends of the Riverwalk and other groups urged council to approve a $10 million West Tampa CRA allocation and pursue federal and state earmarks.
Tampa officials and Riverwalk advocates told City Council on Jan. 9 that they are assembling a $52–$57 million financing package to complete the West Riverwalk and said they are pursuing multiple outside funding sources to reduce the city's borrowing needs.
The council heard presentations from mobility staff and several public commenters who urged approval of a $10 million allocation from the West Tampa Community Redevelopment Agency (CRA) and asked the city to pursue federal and state earmarks to fill remaining gaps.
Nut graf: The project already has a $24 million federal BUILD grant and a CRA funding request for $10 million; city staff said they are seeking additional support from a congressional earmark and a state funding request. If those are not fully awarded, the city will need to use other sources, including lines of credit or…
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