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Wed September 18, 2013
Paducah City Commission To Halt Spending On Riverfront Project
Paducah City Manager Jeff Pederson recommended the Paducah City Commission take a deep breath and wait before moving forward with Riverfront Redevelopment Project at the commission meeting last night."Tonight I'm recommending that at the completion of our current contract with MAC Construction, that we allow MAC Construction to move on and that we do not give further consideration to amending their contract at this time," Pederson said.
Pederson said resources needed to complete the current phase are lacking and unidentified. He said there is a need to review the entire project design with respect to existing funding. "Personally I'm still committed," City Commissioner Sandra Wilson said. "I want to see our riverfront developed in some way. But I'm glad we're taking pause to look at it. I feel a little disappointed but also relieved that we're going to look at this and make the right decision."Last month the commission approved the transfer of $265,000 to the project. The Paducah Riverfront Development Authority will determine how the pause in construction will affect the four funding sources. The projects funding sources are the City of Paducah, Housing and Urban Development, the Federal Highway Administration, and the U.S. Fish and Wildlife Service. Each has different guidelines determining when the money is to be used. There is no timeline for how long the project would be on hold.