Who will pay for the operation and maintenance of The Principal Riverwalk?
The City of Des Moines approved several principles to guide the development of the formal operation and maintenance plan for the project. Included was the consolidation operation and maintenance expenses related to The Principal Riverwalk with those of other various downtown projects, including Western and Eastern Gateway and Martin Luther King Parkway improvements. Also approved by the Des Moines City Council was an expectation that the total operations and maintenance cost to be funded from a variety of public and private sources, including the City of Des Moines, revenues generated by the projects, Polk County, a self-supported municipal improvement district (SSMID) and other potential sources of funding.
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- Who will pay for the operation and maintenance of The Principal Riverwalk?