The court approves $6 million bond, city plants to revive downtown - WALB.com, Albany News, Weather, Sports

The court approves $6 million bond, city plants to revive downtown

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By Tayleigh Davis - bio | email

ALBANY, GA (WALB) - A day after the court validated a $6 million bond to redevelop downtown, the city manager says he looks forward to improving downtown.

Albany City Manager Alfred Lott says he wants to see more store fronts downtown that would stay open past normal working hours to bring in more activity. He also says the city would also like to bring more condos, townhouses and apartments to downtown.

"We want to get people living downtown and we want to bring more businesses like a hardware store, a drug store, a corner grocery store, etc. to support people that live on the river," Lott noted.

The Dougherty County Taxpayers Association tried to stop the bond issue, but the city claimed the delay was costing the city money in higher interest.

Since the taxpayers group missed a deadline to put up $600,000 to offset those losses, the judge says the bond can go ahead, and Lott says the money from the bond will offer incentives to attract new investors downtown.

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