News Summary
Gadsden Mayor Craig Ford has unveiled a plan to issue over $100 million in bonds aimed at funding transformative projects across the city. The Gadsden RISE plan focuses on enhancing quality of life and promoting economic growth, with the Gadsden Athletic Center as a major feature. The initiative follows a positive financial audit indicating Gadsden’s robust fiscal position. Mayor Ford emphasizes cohesive planning for sustainable growth and community enhancement as the council prepares to discuss these developments.
Gadsden – Mayor Craig Ford has proposed an ambitious plan to issue over $100 million in bonds aimed at funding a series of transformative projects throughout the city. This initiative follows a recent audit that revealed Gadsden is in its strongest financial position in a decade, indicating robust fiscal health and growth in city revenues.
The proposal highlights that Gadsden’s revenues have increased by double digits over the past three years, while expenses have concurrently been reduced. Mayor Ford noted that three previous bonds have been successfully paid off, allowing the city to pursue new financial initiatives without introducing new taxes or fees for residents. The bond financing will instead rely on dedicated revenue funds, thus safeguarding the city’s general fund and operational budgets.
The Gadsden RISE Plan
At the heart of the proposed bond initiative is the Gadsden RISE plan, which stands for Reimagine, Invest, Strategic Planning, and Economic Development. This plan serves as a strategic framework intended to enhance the quality of life in Gadsden and promote economic growth.
A significant centerpiece of the RISE plan is the development of the Gadsden Athletic Center (GAC). This facility is set to greatly enhance local recreational options and is designed to cater to a wide variety of sports activities. The GAC is planned to feature an aquatic center, 16 volleyball courts, 10 pickleball courts, 8 basketball courts, and 4 baseball/softball fields, as well as a 1.25-mile walking track. Preparation work suggests construction of the GAC is expected to commence in early 2026, replacing the outdated West Meighan Sports Complex.
Projected Economic Impact
A preliminary assessment conducted by the Sports Facilities Companies, based in Tampa, Florida, projects that the GAC could generate approximately 2,400 jobs and produce an economic impact of at least $190 million for the region. This substantial investment aims not only to bolster the local economy but also to draw more visitors to Gadsden, thereby fostering a vibrant community spirit and attracting businesses.
Supporting Projects
In addition to the GAC, the RISE plan will integrate other initiatives outlined in the GROW Gadsden master plan, which encompasses various projects including riverfront development and initiatives focused on enhancing arts and culture within the city. These efforts reflect Mayor Ford’s commitment to creating an environment that improves the overall quality of life and makes Gadsden a more attractive location for residents and businesses alike.
Civic Responsibility and Appreciation
Mayor Ford expressed gratitude towards city employees for their dedication and contributions that have led to the city’s improved financial situation and overall quality of life. He emphasized the necessity of cohesive planning in order to ensure sustainable growth and community development for Gadsden’s future.
The mayor’s endorsement of the bond proposal signifies a forward-looking vision for Gadsden, one focused on strategic investments that will not only enhance recreational facilities but also contribute to long-term economic resilience. As the council prepares to discuss the proposal, community members and stakeholders will be keenly watching how these plans unfold in the coming months.
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HERE Resources
Additional Resources
- WBRC News
- ABC 33/40 News
- Gadsden Times
- WTXL News
- Post and Courier
- Wikipedia: Gadsden, Alabama
- Google Search: Gadsden RISE plan
- Google Scholar: Gadsden economic development
- Encyclopedia Britannica: Gadsden
- Google News: Gadsden community projects
Author: STAFF HERE INDIANAPOLIS WRITER
INDIANAPOLIS STAFF WRITER The INDIANAPOLIS STAFF WRITER represents the experienced team at HEREIndianapolis.com, your go-to source for actionable local news and information in Indianapolis, Marion County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Indianapolis 500, Indy Jazz Fest, and the Indiana State Fair. Our coverage extends to key organizations like the Indy Chamber and Visit Indy, plus leading businesses in motorsports and healthcare that power the local economy such as Indianapolis Motor Speedway and IU Health. As part of the broader HERE network, we provide comprehensive, credible insights into Indiana's dynamic landscape.
