Buda turns to private sector for park project funding

Attempting to cover park-related project costs, Buda is now turning to the private sector for funding.

By giving area businesses the chance to purchase naming rights or sponsorships, the city hopes the subsequent funding can cover budget gaps for projects under Proposition 5 of the 2014 bond.

Buda city leaders in late 2017 adopted a policy that gives flexibility for soliciting corporate naming rights or sponsorships, said Micah Grau, Buda assistant city manager March 6.