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Glendale riverwalk waits for unfrozen funds

Posted by: Maven on February 21, 2009 at 6:14 am

From the Glendale News Press:

Plans to redevelop Glendale’s frontage along the Los Angeles River, which were delayed by the state budget crisis and easement issues, are back on the table as parks officials await word on a frozen $1.1-million state grant for the project.

The California Resources Agency had awarded the Glendale Narrows Riverwalk Project a $1.1-million grant in August, but in the time it took to shore up the rest of the project’s funding sources and finalize plans, the state’s fiscal crisis took hold, freezing up a major portion of the project’s $1.61-million budget.

On a parallel track, the city was forced into negotiations with DreamWorks Animation LLC over gaining access to a 15-foot strip of land along the studio’s southernmost edge along the river.

That roadblock is in the process of dissolving after DreamWorks reached a tentative agreement last week to give up the easement in return for moving a trail exit closer to Flower Street to make room for extra operations equipment, said George Chapjian, director of the Parks, Recreation and Community Services Department.

Read more from the Glendale News Press by clicking here.

February 21, 2009 · Filed Under Southern California

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