Mayor touts waterfront redevelopment and returned industry as path to fiscal recovery City leaders described waterfront redevelopment, a remaining 160-acre mill site and the return of a paper operation (Arcadia) as key strategies to expand the tax base and support long-term services and capital projects.

The mayor calls the acquisition of 230 acres of waterfront property a “jewel” that could reshape the city's economic future and bring in vital new jobs and revenue.

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