Frostbite risk with Wind Chill Advisory tonight

Grand Rapids Downtown Development Authority Approves 2014 Budget

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

GRAND RAPIDS, Mich. — The 2014 budget was approved by the Grand Rapids Downtown Development Authority, Wednesday morning.

It must now head to the Grand Rapids City Commission for adoption.

The DDA’s executive director, Kris Larson, said the $8.1 million dollar budget will go towards promoting business development, building and maintaining infrastructure, and enhancing the overall experience for people who frequent downtown.

Here’s a breakdown of how the board plans to spend some of the money:

  • About $585,000 allocated to urban planning
  • About $1.2 million allocated to mobility and transit
  • About $1.4 million allocated to incentives and support for new development
  • Another $2.1 million allocated to general public infrastructure, riverwalk repairs, and streetscape improvements

The DDA plans to send the proposed budget to city commission on June 18th. If it is approved, the DDA may officially adopt the budget at its next board meeting in July.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s