Downtown Development Authority sets aside another $145,000 for Bradenton Riverwalk

chawes@bradenton.comOctober 25, 2011 

BRADENTON -- The Bradentown Downtown Development Authority on Tuesday set aside another $145,000 for the new Riverwalk: $75,000 for security at the 1.5-mile waterfront park; $35,000 in seed money for the first-ever Bradenton Blues Festival; and $35,000 for undetermined costs of a three-month grand opening effort at the end of 2012.

Authority members anticipate spending even more for security once more research is completed on exactly what kind of security system will be installed. The money designated for the blues festival, which will be held in October 2012, may be returned to the authority depending on ticket sales and sponsor recruitment for the festival.

The three-month grand opening allotment will be money shared with agencies and groups throughout the community to hold events that will draw the public to not only Riverwalk but all of downtown Bradent, according to Johnette Isham, executive director of the Realize Bradenton cultural and arts organization that will be coordinating the effort.

The additional Riverwalk expenditures come out of the authority’s $1.6 million discretionary fund, which is made up of money carried over from the previous budget year.

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