There are more details on the private money pledged to the Arkansas River development project, and new pictures of what's planned for the Arkansas River. The News On 6 learned on Thursday that private
Thursday, September 27th 2007, 5:00 pm
By: News On 6
There are more details on the private money pledged to the Arkansas River development project, and new pictures of what's planned for the Arkansas River. The News On 6 learned on Thursday that private donors have a plan for their own oversight committee that would watch over the private donations, in addition to the public oversight committee for the sales tax money. The News On 6’s Emory Bryan reports the private backers of the project still won't say who is pledging how much.
If voters approve the river sales tax the flow of private dollars would build new improvements along the shoreline, but so far, only QuikTrip has announced how much they would give and where they would build.
There are three classes of private donors, and The News On 6 has learned the 10 primary donors were asked to pledge at least $5 million each. The rest of the $117 million comes from the seven supporting donors, with all of their money matched by the George Kaiser Family Foundation, which means Kaiser is contributing at least $58.5 million.
The foundation, run by Tulsa's Mayor and her husband, is listed with the top tier of donors, but Kathy Taylor will confirm only a contribution of at least $1 million. Some of the private money pledged by Kaiser in the past is already being spent, the river trail between 21st and 31st is being dug up and replaced with a wider, double trail.
A small portion of the private money would be spent away from the river. Five million dollars has been directed for pools and parks, primarily in North Tulsa. Supporters say the rest of the private, and all of the public money, will be spent on projects along the river.
Thursday, the River Yes! campaign released new animation of their ideas for the river, which shows the pedestrian bridge and low water dam in Sand Springs. Other ideas include a kayaking area and pedestrian bridge over the Arkansas River, but the plans are not final because it will not be designed until the money is in place.
The new river animation shows concepts for what would be built with both private and public money. To see that animation, click here.