The Virginian-Pilot
©
VIRGINIA BEACH
A $1 million federal grant will go toward preserving 122 acres on the Lynnhaven River.
Federal officials announced earlier this month that the money, from the U.S. Fish and Wildlife Service, will be used to help buy the property known as Pleasure House Point, the former site of a proposed Indigo Dunes development. The parcel is now owned by a bank.
A partnership, including Virginia Beach, the Chesapeake Bay Foundation and the Trust for Public Land, has so far identified funding for $8 million of the $13 million needed to buy the land.

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identified funding for $8 million ?
I am always curious when I do not quite understand something. I am not sure what "identified" $8 million out of $13 million really means? Does that mean they have it in hand? In the bank? It is known to exist? It is earmarked? There is a possibility of getting it? What? Maybe I am pickey just find it an interesting use of wording. In the fundraising world is there a difference between "raised" and "identified"?
Low cost loans, grants and donations....
Searching thru the City's website, vbgov.com, the CBF, & past VP articles looks like $$$ is being sought from many sources. With a recent 8 year, $3.2 million $ study by the City & the ACOE, the report by the Council appointed Beaches & Waterways Commission $ the City's neighborhood dredge program using taxpayer money, it would be a good idea to pool all these ideas & areas together, purchase the long-sought site & incorporate all these "studies," funds & ideas together for a positive long term outcome for the entire Lynnhaven waterway & the taxpayers of Va Beach. $10 mil here, $13 mil there, asking taxpayers to contribute to mechanical dredge facilities...when a true beneficial uses program could be developed. It all should work together.
This might explain your questions
I believe what's happening now is there is an option on acquiring Pleasure House Point [PHP]. Once there are plenty of funds, then that option will get exercised and Pleasure House Point will be permanently preserved for all future generations. Which means, this is not a done deal yet!
Check out http://www.SavePHP.org to learn more, and subcribe to stay in touch. PHP can use your help!
still questions?
Just trying to figure out how much $$ is in the bank for this project except fot the $1million of this grant....do they have the other $12 million or any part?
..combine this with the $3.2 million study
by the CITY and the Army Corps of Engineers & make Pleasure House Point a role model for the country. Establish an hydraulic dredging program combined with an inwater disposal area for the spoils, creating oyster beds, new habitats and restore wetlands and marshland...lessening the harsh & destructive mechanical dredging operation - relieving our waterways of 1000s of barges carrying muck & our roadways from 1000s of tandem trucks for years to come. A better solution is staring the City in the face - yet time after time, no true costs & studies for the best way for the taxpayers, environment & those neighborhoods most impacted. With the people clamoring for this valuable property - VB would be on the cutting edge for a lifelong solution.
dredge, baby, dredge
Article after article, study after study by the ACOE, City Staff and a Council-appointed commission - millions af taxpayer's dollars are talked about being spent for the environment and yet Staff has only come up with a neighborhood dredging program to rip thru the wetlands and carry muck around our waterways and roads for years and years over and over again. Instead of finding a life-long solution and utilize some of these valuable natural areas for beneficial use of the spoils...the ACOE recommends spending another $28 mil for concrete balls and oyster beds in the barge paths & the taxpayers will have a $13 mil piece of property. Who is minding the store? Why aren't these groups working together for a win win for all?