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$15,000,000.00 - 0 jobs - CDBG Program
52% voted critical - 48% voted not critical - 73 votes cast
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This would be to help downtown flooding. Kind of a must if you want anyone to open a new business.
[edit] Points in Favor
This project is estimated to create 185 jobs.
8/15/2009 "Many downtown merchants were able to put sand bags in front of entrance ways to stop as much of the flood waters as possible, some businesses could be seen with water washing up and into the door jams along Main street."
"City fire crews temporarily blocked off certain sections of downtown as waters rose high enough to stall some cars if drivers attempted to pass through the soggy mess. Road closures included Market at Hillcrest, Whitney and Kiwanis Park, along with closures at the intersections of Austin Springs and Princeton as well as Main Street and Belmont."
http://www.johnsoncitypress.com/News/article.php?ID=70471
[edit] From the Johnson City Press: 11/8/2008
Retail and commercial growth downtown will flourish only after development in the area between East Tennessee State University and downtown, and no developer worth his salt will invest downtown before flooding problems are fixed.
Those were the key points real estate consultant Tom Kohler made to Johnson City Development Authority members and other “stakeholders” at a Wednesday meeting.
“One main stimulus for growth is going to be mitigation of the flooding problem,” Kohler said, adding that “ETSU is the key economic driver in the near term.”
He said much of this stems from the long-term failure to solve downtown’s flooding problems.
The good news, Kohler said, is the presence of a good-sized university and a strong hospital system — economic sectors he called essentially “bullet proof” — close enough to downtown to contribute mightily to its redevelopment.
[edit] Points Against