SIOUX CITY (KTIV) – Members of the Riverfront Steering Committee are asking for financial support from the Woodbury County Board of Supervisors to complete their project.
The Riverfront covers about 15 acres of land in Siouxland, with the project stretching from the Floyd River to about the Pierce Tunnel along the riverfront.
The project would cost nearly $14.5 million.
The developers of the project asked the county supervisors for $150,000, which could be payable over the 2020 and 2021 fiscal years.
If approved, the developers would be eligible for a Community Attraction Tourism Grant through the state of Iowa.
In order to get the grant, county, city and private support is required.
“You know the riverfront is the front door to the city of Sioux City, so when everybody drives through on the interstate they kinda get their impression of the city,” said Matt Salvatore, Parks and Recreation Director, “and right now its a vacant weeded parking lot so we really want to manicure that space.”
Even though the board is supportive of the project, no decision was made on the request Tuesday night.
“The current request exceeds what the county has available in local option sales tax dedicated for economic development,” said Matthew Ung, County Supervisor, “so over time we will look at this again we didn’t make any decisions because again we have other communities we have other rural communities that have requested county funds from time to time for grants and we do want to represent our rural as well as our urban constituents.”
Currently, the county has about $143,000 in unobligated local option sales tax dollars dedicated to economic development.
The project will be revisited in January.