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Growth Committee reviews financial framework for Riverside Project
Summary
At its May 8 meeting the Anthem Growth Committee received a draft financial framework for the Riverside Project; presenters recommended considering enhancement fees, reserves, partnerships and grants and identifying financial goals to inform ACC 2.0 planning.
At its May 8 meeting the Anthem Growth Committee discussed a draft financial planning framework for the Riverside Project, with committee members Roger Willis and Jules Beauvais assigned to present findings and recommendations.
Willis and Beauvais proposed a mix of funding strategies — including assessing enhancement fees, drawing on reserves, seeking partnerships and applying for grants — and were tasked with identifying recommended financial goals to guide ACC 2.0 planning. The minutes record that their presentation and draft framework will inform further work on the Riverside financial plan.
Committee members asked that the framework include specific financial targets and potential funding windows to support ACC 2.0 planning, but no formal motion or vote on the framework was recorded in the minutes. The discussion was listed under "Old Business," and the committee left the item for further development at a future meeting.
