The Yadkin River Trailhead for Spencer has received a $100,000 investment from the Rowan County Commissioners.
The initiative would receive a matching donation of $100,000 from the commissioners and $100,000 from a private donor, according to Greg Edds, chair of the Rowan County Board of Commissioners. He claimed that help was immediately accepted.
The donation, which was quietly authorised as a part of the consent agenda at the commissioners’ meeting on Tuesday afternoon, would assist Spencer in filling the money gap between the present level of fundraising and the funding required to complete the trailhead without compromises.
The administration of Davidson County had invited us on several occasions “to really study the broad concept of that entire project, both on the north and south side of the county border,” according to Edds. “We visited them and observed their work; we spoke with the Spencer family and observed their philosophy. Actually, Rowan County and Davidson have the same vision. Additionally, there are numerous plans for renovation in that area.
They responded “yes” in less than a second, according to Edds, who added that the initiative will change the area.
Edds claimed that Spencer contacted the county and inquired about participation; this sparked a discussion about the matching contribution.
The town has to raise an additional $200,000 to cover the $754,000 cost of the entire project, including all of its extras. The Spencer Board of Aldermen will discuss a $200,000 increase to the project budget at their meeting the following week, according to Spencer Town Manager Peter Franzese.
The construction of Yadkin River Park on the Davidson County side of the historic bridge is intended to be complemented by the project, which will offer parking and connectivity between nearby trails and Wil-Cox bridge.
- Spencer should have a trailhead supported with county matching funds
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