The worn exterior of the City of Richmond’s former Public Safety Building is a prime example of the city’s failure to invest in maintenance. The city now faces a huge bill to cover costs for improving public buildings, streets and other infrastructure, as well as for modernizing schools.
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The city rundown:
$1.2B needed to maintain infrastructure
The City of Richmond needs to borrow $1.2 billion during the next 10 years to maintain its streets, provide sidewalks, ensure dozens of bridges remain usable and keep its 84 buildings in good shape, according a mayoral task force examining the future borrowing needs of the city government.
