LCDC OKs $1.55M For River Side Buy

The Lake City Development Corporation has voted to provide $1.525 million to help acquire railroad right-of-way property along the Spokane River between the Riverstone development and Huetter. Calling it an “enormous opportunity” to enhance public access to the river, the board voted unanimously to fund more than half of the $2.5 million price tag that Burlington Northern Santa Fe Railroad put on the property. “If we don’t buy this now, this opportunity for public access is gone forever,” said LCDC board chairman Denny Davis. The purchase agreement, which will also include city funding, involves about four miles of property roughly from Riverstone east to Huetter Road. The LCDC’s Lake and River districts encompass the east and west ends of the property. The city will pay for purchase of the central section. Last month, the City Council voted unanimously to tap utility savings for the city’s portion of the purchase/ Keith Erickson , Coeur d’Alene Today. More here.

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