Saturday, January 10, 2015

DRPA preparing to sell off its RiverLink ferry service

A 2003 Camden-bound RiverLink ferry crossing from Phila.
“At its first meeting of 2015, the Delaware River Port Authority’s Finance Committee voted
to recommend the sale of the RiverLink Ferry to a joint venture between the Delaware River Waterfront Corporation and the Cooper’s Ferry Partnership for $300,000,” Jim Saksa reports in PlanPhilly.

"The sale is contingent on the DRPA Board of Commissioners' approval at the next meeting, which is scheduled for Jan. 21. Before considering the motion to sell the RiverLink, which was not listed on the agenda prior to the meeting, the Finance Committee discussed the matter behind closed doors in an executive session. The committee approved the motion unanimously.

"DRPA CEO John Hanson said his staff and representatives from the DRWC-CFP joint venture have already agreed upon general terms for the sale of the ferry system, which operates between Penn’s Landing and the Camden Waterfront. The DRWC in Philadelphia and CFP in Camden are both nonprofit organizations charged with the development and revitalization of their respective sides of the Delaware River.

Read the full story here

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