How is HarborWorks being funded?
HarborWorks has been funded by the Port and the City, in the form of loans, starting with $150,000 each in late-2008 and increased by $500,000 in the fall of 2009. The funds for funding HarborWorks come from Economic Development funds, and do not come from local tax dollars. These funds cannot be used for general governmental purposes, such as funding the operation of the pool or fixing the streets, only for economic development.