Meeting

Rochester Downtown Development Authority Meeting - May 16, 2018

Body

City of Rochester

Date

May 15, 2018

Jurisdiction

State & Local

🏗️ Construction & Infrastructure Grants & Funding Physical Infrastructure

The City of Rochester Downtown Development Authority’s regular meeting on May 16, 2018, focused on a Michigan Economic Development Corporation (MEDC) façade-restoration funding opportunity. The board voted to authorize the DDA to submit a proposal by the May 22 deadline, including a placeholder request of $250,000, up to a 10% DDA match, and photos of potential front- and rear-façade projects. The state program offered grants ranging from $50,000 to $500,000, with an example funding split of 50% state funds, 40% property-owner contribution, and 10% DDA funds. The proposal would not commit the DDA to proceed with specific projects or funding if selected; the board discussed potential downtown properties and the need to demonstrate local support.

The meeting also included a report that City Council had unanimously approved the city budget, discussion of scheduling closed sessions to continue consideration of property acquisition, and a Fire Department presentation on free emergency-preparedness and business-continuity assistance for downtown businesses. No other contract awards or purchasing approvals were identified.

Source

City of Rochester