City Council gives Redevelopment green-light for $1.7 Bond

June 22, 2012

  06/25/12 Last Monday, members of the Plymouth Common Council approved a resolution approving the issuance of bonds by the Redevelopment Commission for the construction of a local public improvement project.

The project is the first phase of River Park Square. The first part of the project will include the acquisition and demolition of three building; the commercial strip of 5 shops on the east side of Water Street commonly referred to as 114 Water Street, the two-story commercial building at the southeast corner of Water and Garro Streets known as 200 East LaPorte and the residential duplex on the south said of Garro Street at 204 and 206.

The bond will also cover the retention of professional services for park planning, engineering, project management, and construction related activities.

Construction of related improvements in River Park Square include the entry plaza, Farmers’ Market area, Water Street renovation the Christmas Tree Plaza and the flexible performance area.

The Common Council approved the issuance of the bonds in an amount not to exceed $1,705,000 with the funds being used for the new park.