GR Downtown Development Authority OKs 5-year budget plan

Grand Rapids' DDA is planning for the near future by approving budget allocations through 2012 for line items that include streetscape improvements, parks, downtown parking, marketing, promotions, and special events. Three funding sources will be tapped and measures taken to increase those funds for future years.

According to excerpts from the story:

Members of the Downtown Development Authority approved the upcoming fiscal year budget recently and also set the direction for spending through 2012.

Board members will spend just under $15.6 million in the coming fiscal year that begins July 1.

Read the complete story here.

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