New estimates out of Wednesday’s Park District Board meeting show you may be paying more to help redevelop Quincy’s riverfront.
If the riverfront project moves forward, taxpayers could be paying for $4 million of the estimated $6 million project.
Park district officials originally thought they would only be on the hook for $1.5 million but now officials believe the city and county are only expected to throw in about a million dollars each.
That means the park district and ultimately you will have to pick up the other $4 million through a bond referendum.
“It’s whatever they’re comfortable with,” said board president Bob Gough. “Their boards have to support this and once their boards sign off on this. Then our board will decide if we want to put it to the people.”
The park district board will see a presentation on the final design of the riverfront project at its next meeting.
Then the board will decide whether or not a bond issue is put on the April ballot.
Also at Wednesday’s park board meeting board members discussed next year’s operating budget and tax levy.
The board tabled a possible agreement with the city to create a water well on Quinsippi Island.
The board set its goals and objectives for 2019-2020.
Finally, board members discussed different fees for 2019 including batting cage, golf course and marina fees.