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PARKERSBURG Details about a proposal to purchase and rehabilitate the Memorial Bridge were made public over the last week, but the effort by United Bridge Partners has been underway for several years.
“We just found that it was a bridge in need with, potentially, a lack of funding,” said Ryan Dolan, vice president of business development for Colorado-based UBP, after Thursday’s presentation to Parkersburg City Council.
While the bridge is in “fair” condition a 5 out of 9 by Federal Highway Administration National Bridge Inspection Standards the city only has a fraction of the funds the company is prepared to bring to bear on the estimated $50 million rehabilitation project.