News Summary
Mayor Craig Ford has proposed a $100 million bond under the Gadsden RISE plan, aimed at funding significant community projects, including a new athletic center. The plan focuses on enhancing recreational facilities and promoting economic development, leveraging Gadsden’s strong financial position without imposing new taxes. The bond’s funding strategy ensures the city’s general fund remains unaffected, supporting a long-term vision for growth and improvement in the community.
Gadsden, AL — Mayor Craig Ford has put forward a proposal for an over $100 million bond aimed at funding significant projects and initiatives in the city. This strategic plan, referred to as the Gadsden RISE plan, offers a comprehensive framework for development and economic growth within the community.
The bond proposal is positively influenced by a recent annual audit report that indicates Gadsden’s strongest financial position in a decade. Over the past three years, city revenues have grown by double digits, while expenditures have successfully been reduced. Additionally, previous bond obligations have been fulfilled, with no new taxes or fees planned for the financing of the current bond proposal, which seeks to utilize dedicated revenue funds to ensure city operations remain unaffected.
Key Projects Under RISE Plan
The centerpiece of the RISE plan is the proposed Gadsden Athletic Center (GAC), which aims to revamp the city’s recreational offerings. This facility will feature an aquatic center, 16 volleyball courts, 10 pickleball courts, 8 basketball courts, and 4 baseball/softball fields, along with a 1.25-mile walking track. A preliminary study conducted by the Sports Facilities Companies in Tampa, Florida, anticipates that the GAC will generate around 2,400 jobs and create an economic impact of at least $190 million, reflecting the potential for substantial community benefits.
Timeline for GAC Construction
Construction of the GAC is scheduled to commence in early 2026, with the new facility expected to replace the existing West Meighan Sports Complex. This transition aims to modernize the city’s sports facilities and provide ample opportunities for residents and visitors alike.
Additional Project Initiatives
Beyond the athletic center, the RISE plan encompasses a variety of projects drawn from the GROW Gadsden master plan. These initiatives include enhancements to riverfront development and boosts to arts and culture within the city. Such improvements are part of a long-term effort to elevate the quality of life in Gadsden, a key factor in attracting new businesses and enabling current ones to thrive.
Financial Strategy and Community Involvement
The funding strategy for the proposed bond leverages dedicated revenue, ensuring the city’s general fund remains shielded from any financial strain due to these projects. This prudent approach reflects a commitment to responsible fiscal management, allowing Gadsden to invest in its future without burdening taxpayers.
City employees have played a crucial role in enhancing Gadsden’s financial health and community offerings, and Mayor Ford expressed appreciation for their dedicated efforts. Their hard work has set the foundation for these ambitious projects, emphasizing collaboration as essential for Gadsden’s progressive vision.
Conclusion
The proposed bond is a pivotal step for Gadsden as it seeks to implement the RISE plan and transform the city through strategic investment. The focus on recreational facilities, economic development, and community improvement positions Gadsden to grow and attract more residents and businesses alike in the years to come.
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- WBRC News
- ABC 33/40 News
- Gadsden Times
- WTXL News
- Post and Courier
- Wikipedia: Gadsden, Alabama
- Google Search: Gadsden RISE plan
- Google Scholar: Gadsden economic development
- Encyclopedia Britannica: Gadsden
- Google News: Gadsden community projects
Author: STAFF HERE CLEVELAND WRITER
CLEVELAND STAFF WRITER The CLEVELAND STAFF WRITER represents the experienced team at HERECleveland.com, your go-to source for actionable local news and information in Cleveland, Cuyahoga County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Cleveland International Film Festival, Rock & Roll Hall of Fame Induction Ceremony, and the Cleveland Air Show. Our coverage extends to key organizations like the Greater Cleveland Partnership and Destination Cleveland, plus leading businesses in manufacturing and healthcare that power the local economy such as Cleveland Clinic and Sherwin-Williams. As part of the broader HERE network, we provide comprehensive, credible insights into Ohio's dynamic landscape.
