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State Bond Money Repurposed To Canal Place

March 20th, 2013 by WCBC Radio

The Downtown Development Commission voted earlier this year to repurpose $100,000 in state bond money to Canal Place. The hope is that the money, originally targeted for a proposed City Market Place, can now be utilized to enhance outdoor projects such as the weekend farmers market. Although there was great enthusiasm for the city market place concept, the logistics never came together on the proposed property for the project, which was privately owned and not a match for state guidelines. City officials believe the state-owned Canal Place is a better site to match bond guidelines. During Tuesday’s regular meeting of the Canal Place Development and Preservation Authority, chair Andy Vick said this is just another sign of the ongoing cooperation between Canal Place and the city…

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