Articles About CBE :: Page 2
The 35-acre parcel of land at the center of the controversial Center for Business and Education, or CBE, will soon be returned to the Village, according to a representative from Community Resources.
The city of Springfield’s first research and technology park, Nextedge, is a beautiful integration of modern buildings with marshes, prairie fields and a fiberoptic grid designed to bring new jobs to the Champion City.
At Monday’s meeting, Village Council in a 3–2 vote gave final approval to funding the Center for Business and Education infrastructure. Karen Wintrow, Gerry Simms and Brian Housh voted for the CBE funding and Lori Askeland and Marianne MacQueen voted against.
At their meeting on April 16 Village Planning Commission approved the street dedication for the Center for Business and Education, a request to install a Verizon cellular telephone tower at Bryan Center, and rezoning of the former Creative Memories property.
The Ohio Board of Ethics determined last week that Council President Karen Wintrow does not have a conflict of interest regarding the Center for Business and Education, and is free to discuss and vote on CBE-related issues.
It will be several months before Council decides whether to fund the CBE infrastructure, according to Interim Manager Kent Bristol at Monday’s Council meeting.
The current landscape of commercial real estate building and lending was the focal point at an informational forum on public funding for the CBE infrastructure last Thursday night, and several professionals in the field urged Council not to put money into the project.
Village Council moved ahead with the project by voting 3–1 in favor of the first reading of an ordinance that appoves an almost $1 million bond issuance for the CBE.
The Army Corps of Engineers (ACOE) grant to the Village for the CBE infrastructure is not in immediate jeopardy, but there is some risk that the money could be diverted in an emergency.
Village Council is poised to move forward quickly on the Center for Business and Education, or CBE, at its Jan. 6 meeting.