Mayor Mike Moore is looking to an area vital to the city’s past to help boost quality-of-life and economic development for its future.
Moore on Thursday presented his vision of a new $2 million marina — one with an increased number of boat slips to 64 and a jetty that will reach out 200 feet into the Ohio River and will serve the dual purpose of fishing pier and will act as a protective barrier for the docks.
“This will transform our riverfront into a destination point, but we need the support of our city council,” he said. “I hope they agree with me that we can no longer accept the condition of our boat docks and the river’s edge as we see it here today.”
The plan would be funded by the city’s Tax Increment Finance districts. In addition, the city has already received two grants totaling $153,343 to help fund the project.
Because Moore’s plan calls for TIF funds to cover the costs of the project, a multistep approval process must be completed to amend the economic development plan for the TIF district before the funds can be used. One of those approvals must come from the city council.
At a press conference at the marina, Moore urged the city council to take a vote on the proposal.
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