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Sawmill Station’s Road Funding Plan | Richmond News
Chesterfield County is poised to launch a bold new financing strategy for Sawmill Station, a massive 860-unit housing development in Moseley, by creating a community development authority to fund $6 million in road and sidewalk upgrades. This CDA would issue bonds, with future residents and businesses paying back the debt through special assessments — shielding the county from financial risk. The plan, modeled after past successes like Magnolia Green, aims to ensure infrastructure keeps pace with growth, with a $9 million cap and 30-year repayment window. The county board votes Wednesday — a…
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