The Rochester Downtown Development Authority (DDA) held a meeting on April 17, 2024, focusing heavily on the proposed expansion and improvements to the Grahams Farmers Market. The discussion included detailed presentations of architectural renderings, site plans, and budget forecasts for the project, which is estimated to cost approximately $2.37 million excluding property acquisition. Financing arrangements include a $925,000 county contribution and a mortgage with debt service planned through 2030. The DDA reviewed the fiscal year 2025 budget, which incorporates full funding for the market project, and recommended its submission to the City Council for approval. Additional topics included updates on community events, historical plaque programs, and volunteer appreciation initiatives. The meeting emphasized careful budget management and strategic planning to ensure the project's success and the continued development of the downtown district.

Rochester Downtown Development Authority Meeting - April 17, 2024