By Joe Ferguson | Arizona Daily Star
The downtown redevelopment project synonymous with waste and mismanagement will still be known as Rio Nuevo — but the district board still awarded $4,000 in prize money in a contest to find the best new name.
The Rio Nuevo board decided against a name change, preferring to stick with its current name, and in the process rejected six names suggested by high school students as part of a scholarship contest.
Board member Jannie Cox said the public’s appetite to rename Rio Nuevo has waned in the last month, arguing that there was beginning to be some good news associated with the district.
She noted the last two audits of the district were positive and a bill in the state Legislature to ease restrictions on spending has not been voted down in this session.
Related: City considers borrowing money to pay off old loans, fund streetcar
