Denver, Colorado 2021-07-26 12:15:39 –
Denver Mayor Michael Hancock’s $ 450 million infrastructure bonding package plan for voters includes a new medium-sized “state-of-the-art” arena.
He made an announcement during the declaration of his annual State of the City Address, which took place virtually Monday morning. According to a preliminary copy, he devoted much of his speech to the topics of homelessness, criminal justice, and post-pandemic resilience.
The infrastructure package represents the most substantive spending proposal in a speech. The $ 450 million investment will “help generate 7,500 high-paying jobs, $ 843 million workers’ wages and benefits, and $ 1 billion in economic benefits,” he said.
“And it’s just for construction,” he added.
Hancock did not identify where the new arena is going or why it is needed. The spokesman didn’t immediately answer the question about the proposal, beyond being a “medium-sized” territory. He said he would refer to his join proposal, This was first mentioned in late April, To the city council this week.
Other spending detailed by Hancock in the city’s state speech comes from the Federal American Rescue Program. $ 28 million to create affordable housing projects and a “specialized team to prioritize these projects for permit review and approval”. Also $ 21 million for businesses, nonprofits and neighborhoods.
The mayor also said that the unidentified “part” of the city’s marijuana excise tax is for people of color and women in the cannabis industry by establishing a “new revolving loan fund to support these and other businesses.” With a $ 50 million target for the fund, which said it would be aimed at building a more equal competitive arena.
Regarding police and criminal justice, Hancock said he felt that too many “violent criminals” were released from detention too soon.
“There must be a balance between reforms that keep low-level nonviolent people out of prison in the first place and the safety of our inhabitants,” he said. “One cannot come at the expense of the other.”
But he also praised those who “stand up and get involved when they see unjustified laws and actions by the system.”
“They marched and protested, but didn’t stop there,” said the mayor, who defended the police’s strong response to those who protested police atrocities and organized racism a year ago.
This story is under development and will be updated.
New Denver arena floated in Mayor Michael Hancock’s State of the City speech Source link New Denver arena floated in Mayor Michael Hancock’s State of the City speech