Post by Logan on Jun 23, 2016 0:08:35 GMT -6
EL DORADO, Ark.—Nearly $9.5 million in economic development funding has been approved for a planned arts and entertainment district in downtown El Dorado.
The El Dorado Works Board—which was formerly known as the El Dorado Economic Development Board—approved $9.47 million on Tuesday for El Dorado Festivals and Events Inc. The organization is planning an $80 million entertainment district that will include performance venues, a restaurant, an art gallery, an amphitheater and a children's play area.
The El Dorado News-Times reports that $52 million has been raised so far for the project. The funding approved Tuesday comes from an economic development tax approved by voters.
www.texarkanagazette.com/news/arkansas/story/2016/jun/22/el-dorado-board-oks-nearly-10-million-downtown-project/628460/
The El Dorado Works Board—which was formerly known as the El Dorado Economic Development Board—approved $9.47 million on Tuesday for El Dorado Festivals and Events Inc. The organization is planning an $80 million entertainment district that will include performance venues, a restaurant, an art gallery, an amphitheater and a children's play area.
The El Dorado News-Times reports that $52 million has been raised so far for the project. The funding approved Tuesday comes from an economic development tax approved by voters.
www.texarkanagazette.com/news/arkansas/story/2016/jun/22/el-dorado-board-oks-nearly-10-million-downtown-project/628460/