CHESTERFIELD, Va. (WRIC) — The Chesterfield County Board of Supervisors will maintain a public hearing to think about the transfer of $20 million to the Chesterfield Economic Development Authority. The funds will be applied to finance the buy of two properties: Spring Rock Inexperienced, a mixed-use business enhancement on Midlothian Turnpike, and Adaline Acres, a wedding venue on the James River in close proximity to Dutch Gap.
The obtain was proposed by Chesterfield County in July, and would see the county foremost redevelopment of the dilapidated Spring Rock Environmentally friendly purchasing mall and granting general public entry to the James River by way of the marriage venue at Adaline Acres.
The value tag consists of $16 million to acquire the Spring Rock Environmentally friendly locale, $6 million earlier mentioned the assessed price of the website according to Chesterfield’s own records.
The Chesterfield Board of Supervisors will settle for general public comment on the proposal at it’s meeting on Aug. 25. The meeting will be held at 6:00 p.m. in the Chesterfield County Public Assembly Area at 10001 Iron Bridge Highway.