THE CITY OF

MT. PLEASANT, MICHIGAN

CITY HALL 320 W. Broadway • 48858

(989) 779-5300 (989) 773-4691 fax

PUBLIC SAFETY 804 E. High • 48858

(989) 779-5100 (989) 773-4020 fax

PUBLIC WORKS 1303 N. Franklin • 48858

(989) 779-5400 (989) 772-6250 fax

TAX INCREMENT FIANANCE AUTHORITY AND PRINCIPAL SHOPPING DISTRICT BOARD

TIFA/PSD S. Bissell 12/31/2017 TIFA M. McAvoy 12/31/2017 TIFA/PSD R. Blizzard 12/31/2017 TIFA (Ind) J. Horton 12/31/2018 TIFA/PSD S. Christensen 12/31/2019 TIFA/PSD A. Lents 12/31/2017 PSD C. Ritchey 12/31/2018 TIFA/PSD R. Swindlehurst 12/31/2018 PSD P. Fox 12/31/2017 TIFA/PSD B. Wahr 12/31/2019 TIFA/PSD B. Wieferich 12/31/2018 Staff Liaison M. Sponseller

TIFA / PSD JOINT AGENDA – June 15, 2017 8:00 a.m. at City Hall (Conference Room A - Upstairs)

I. CALL TO ORDER

II. ROLL CALL AND INTRODUCTIONS

III. CHANGES/ADDITIONS TO AGENDA

IV. MINUTES a. TIFA Minutes

• Regular meeting of May 18 • Special meeting of May 31

b. PSD Minutes • Regular meeting of May 18 • Special meeting of May 31

V. RECEIPT OF COMMUNICATION

a. June 2017 Downtown Directors Report

b. 2017 Amended Budget and Proposed 2018 Budget (TIFA/PSD)

VI. PUBLIC COMMENT

VII. OLD BUSINESS

VIII. NEW BUSINESS

a. Wieferich Façade Rendering Request (TIFA)

b. Meeting Date/Time/Length (TIFA/PSD)

c. Special Meeting – goal setting d. CMU’s 125th Anniversary (TIFA/PSD)

IX. OTHER/ADDITIONS TO THE AGENDA a. Roundtable

X. ADJOURNMENT

DOWNTOWN DEVELOPMENT DIRECTORS REPORT

Date: June 9, 2017

To: TIFA / PSD Boards

From: Michelle Sponseller, Downtown Development Director

Re: June 2017 Downtown Development Director’s Report

III. CHANGES TO THE AGENDA Necessary if agenda is changed otherwise, no motion is required. IV. MINUTES TIFA Requested Motions:

• Motion to approve the May 18, 2017 joint TIFA/PSD meeting minutes meeting as presented. • Motion to approve the May 31, 2017 special joint TIFA/PSD meeting minutes meeting as

presented. PSD Requested Motions:

• Motion to approve the May 18, 2017 joint TIFA/PSD meeting minutes meeting as presented. • Motion to approve the May 31, 2017 special joint TIFA/PSD meeting minutes meeting as

presented. V. RECEIPT OF COMMUNICATION - DOWNTOWN DIRECTORS REPORT No action is required for the Downtown Directors report from either board. V. RECEIPT OF COMMUNICATION - 2017 AMENDED BUDGET AND PROPOSED 2018 BUDGET From Finance Director Mary Ann Kornexl: Attached are the three budgets for the boards to consider, requiring three motions by each board. Because the PSD isn’t a legally separate entity as TIFA is, they’re requested motions are worded slightly different below. The PSD will recommend the various budgets for City Commission, whereas the TIFA is a separate legal entity so they need to adopt the budget for City Commission consideration. Attached is the 2017 amended budget. For TIFA this includes everything they’ve been discussing, business incubator, target market analysis and hanging basket accelerated purchase. It doesn’t include fire suppression grants as by the time program is approved it will likely be 2018. The board will have to prioritize these items and current operating costs as when you get to 2019, there will not be enough funds available to fund the $585,000 in the CIP. This budget is without library capture. If the library approves voluntary capture it will increase by $14,000. This budget doesn’t reflect any changes for parking enforcement and the amount budgeted agrees to 25% of Paul’s general fund wages & fringes. For 2018 the budget is prepared used the current capture and we are asking the board to adopt an alternate budget with a 78% capture. We are asking all TIF’s to do this as the City Commission is currently reviewing if the captures are effective in raising the taxable value in the districts as we’ve seen with the DDA approval process, the library is considering this with voluntary capture, and the StrongTowns presentation. In addition, we will be looking at all areas to balance the general fund budget. Therefore, decreasing the capture to keep more general fund taxes is a possibility. This budget includes participation in phase 1 of master plan and fire suppression grants. It doesn’t include any

changes for parking enforcement. The Downtown Fund Balance at the end of 2018 is $63,500 and $49,000 is required by policy. However, given that snow removal is so unpredictable and budgeted at minimal levels, 2 bad winters could wipe these balances out so I would be cautious of going down to 20% fund balance. TIFA Requested Motions:

• Motion to adopt the 2017 TIFA amended budget as presented. • Motion to adopt the proposed 2018 TIFA budget with an 88% capture rate as presented. • Motion to adopt the proposed 2018 TIFA budget with an alternate 78% capture rate as

presented. PSD Requested Motions:

• Motion to recommend to city commission the 2017 PSD amended budget as presented. • Motion to recommend the city commission the proposed 2018 PSD budget.

VIII. NEW BUSINESS A.) WIEFERICH FAÇADE RENDERING REQUEST The City’s Downtown Façade Improvement Program promotes façade improvements within the Central Business District-Tax Increment Finance Authority (CBD-TIFA) District by providing design services and financial incentives for qualifying projects. The Downtown Façade Improvement Program is made up of two separate yet interconnected pieces, intended to encourage preservation, rehabilitation, and restoration of the historic resources within the CBD-TIFA District. The two offerings are:

• Façade Rendering Services • Façade Easement Purchase and Zero-Interest Payback

Program applicants work with the City’s architectural firm to develop a façade design and installation procedures based on the Secretary of Interior Guidelines. Designs will involve transformative changes to buildings such as removal of metal slipcovers, uncovering/replacing windows, and the addition of ornamental components (dentil molding, cornices, etc.). The City covers the cost of a single façade rendering. Applicants may purchase additional renderings in accordance with the following pricing schedule:

• Front Elevations $700 per elevation • Rear Elevations $450 per elevation • Side Elevations $300 per elevation

To qualify for the program, applicants must demonstrate a bona fide commitment to implement building improvements and must certify that construction will commence within 18 months of funding approval, and that the project will be completed within 120 days thereafter. Applicant will be in default if rehabilitation is not undertaken within the specified time period, with 100% of paid costs and expenses to be reimbursed to the CBD-TIFA. Bryan Wieferich has made an application for façade renderings portion of the program with the intent of rehabilitating the front façade of his 110 East Broadway building. His memo, detailing his intended project scope and timeline are attached. There are funds budgeted for this façade program through TIFA and staff recommends approval. TIFA Requested Motion:

Motion to approve the façade rendering request made by Bryan Wieferich and direct staff and TIFA chair to sign Façade Rendering Agreement. PSD Requested Motion: As the façade program is not funded by the PSD no action is required by them. VIII. NEW BUSINESS B.) MEETING DATE/TIME/LENGTH Due to a number of new board members and lengthy agendas I’d like to take a few minutes and discuss if our current meeting time still works best for the majority of board members and if I should be setting the agendas for a one-hour meeting or longer. TIFA Requested Motion: Depending on the consensus of the board:

• Motion to keep meeting at the same time and one hour in length, or • Motion to change meeting day/time and ?? in length.

PSD Requested Motion: Depending on the consensus of the board:

• Motion to keep meeting at the same time and one hour in length, or • Motion to change meeting day/time and ?? in length.

VIII. NEW BUSINESS C.) SPECIAL MEETING – GOAL SETTING Over the past few months we have attempted to tackle many short and long-term topics pertaining to the future of downtown and due to time constraints have had a number of topics postponed. Chair Swindlehurst, City Manager Nancy Ridley and I believe to best address the topics most pressing the combined TIFA/PSD should have a special goal setting meeting to prioritize the next 18 months. In order to best facilitate the goal setting I would like TIFA/PSD board members to send via email any topics they feel should be included in the process. A preliminary list to prioritize is as follows:

• Master Plan Goals*: o Make the downtown more user-friendly, including increasing the variety of businesses,

flexible hours of operation, and entertainment and events. o Examine parking, determining existing strengths and weaknesses, and plan for

improvement. o Create a focus on historic buildings within the downtown, particularly the preservation

of historic structures. o Investigate methods of drawing more people to the downtown throughout the year. o Encourage public and private partnerships to improve the downtown, particularly the

streetscape and public facilities. o Improve pedestrian access and walkability within the downtown and the connections to

surrounding neighborhoods and parks. *see page 62 of the master plan document online for more details and strategies on each of these goals. http://www.mt-pleasant.org/docs/dept/planning/MasterPlan/mp_goals_2014.pdf

• TIFA Plan Amendment – to allow Fire Safety Grant Program and Business Incubator funding. • Parking Management recommendations. • Master Plan 2018/19. • Target Market Analysis.

• Business Incubator Program. • Review draft of planter replacement designs. • Medical Marijuana sales in downtown.

Staff will be sending out a “Doodle Poll” to select a date and time to meet on goal prioritization. TIFA Requested Action: Email staff and additional topics or issues to include in prioritization for goal setting by Thursday, June 22. PSD Requested Action: Email staff and additional topics or issues to include in prioritization for goal setting by Thursday, June 22. VIII. NEW BUSINESS D.) CENTRAL MICHIGAN UNIVERSITY 125TH ANNIVERSARY - HOMECOMING Discussion to be held on how to coordinate efforts for CMU’s 125 anniversary and October 14 homecoming. Jay Martin, Director of the CMU Cultural and Natural History Museum and Marcie Otteman-Grawburg, Director of Alumni Services, have spoken to me about two proposed ideas for downtown.

• Historic photo overlays on downtown windows. This proposed idea would take historic photos, increase their size and overlay them on various downtown windows. They would appear similar to the photo below. Business owners would be able to decide how much window they’d like to cover. Please note that while the image appears on the outside, those who are inside would still be able to see out

• “TED Talks” in downtown. These lectures would take place in different locations throughout downtown with faculty lecturers providing education talks and/or performances.

Staff will be meeting with CMU subcommittee on June 23 and will provide greater detail after that. TIFA Requested Action: No formal action at this time, discussion only. PSD Requested Action: No formal action at this time, discussion only. IX. OTHER A.) ROUNDTABLE DISCUSSION Board can pick a topic and we can hold an informal conversation on it.

FUTURE AGENDA ITEMS The following is a list of upcoming agenda items. Should you have additional agendas items please let the TIFA/PSD Chair or Michelle know.

• TIFA Plan Amendment – to allow Fire Safety Grant Program and Business Incubator funding. • Parking Management recommendations. • Master Plan 2018/19. • Target Market Analysis. • Business Incubator Program. • Review draft of planter replacement designs. • Medical Marijuana sales in downtown.

THE CITY OF

MT. PLEASANT, MICHIGAN

CITY HALL 320 W. Broadway • 48858

(989) 779-5300 (989) 773-6791 fax

PUBLIC SAFETY 804 E. High • 48858

(989) 779-5100 (989) 773-4020 fax

PUBLIC WORKS 1303 N. Franklin • 48858

(989) 779-5400 (989) 772-6250 fax

May 20, 2017 MINUTES – JOINT MEETING TAX INCREMENT FINANCE AUTHORITY (TIFA) and PRINCIPAL SHOPPING DISTRICT (PSD) MEMBERS PRESENT

S. Bissell TIFA/PSD P 12/31/2017 M. McAvoy TIFA P 12/31/2017 R. Blizzard TIFA/PSD P 12/31/2017 J. Horton TIFA (Ind) P 12/31/2018 S. Christensen TIFA/PSD P 12/31/2019 A. Lents TIFA/PSD P 12/31/2017 C. Ritchey PSD P 12/31/2018 R. Swindlehurst, Chair TIFA/PSD P 12/31/2018 P. Fox PSD P 12/31/2017 B. Wahr, Vice Chair TIFA/PSD P 12/31/2019 S. Wieferich TIFA/PSD P 12/31/2018 M. Sponseller Staff Liaison

A = Absent without notification P = Present EA = Excused Absence N/A = Not Applicable Guests: Kris Batzner, Jay Matzner, Aaron Cromar, Lori Gillis, Jacob Kain, Mary Ann Kornexl, Bill Mrdeza I.) CALL TO ORDER Call to order at 8:01am. II.) ROLL CALL AND INTRODUCTIONS Board member roll listed above with attendance. III.) CHANGES/ADDITIONS TO AGENDA No changes or additions to the agenda. IV.) MINUTES Motion to approve the April TIFA minutes as presented. M = Wieferich S = Lents Motion approved Motion to approve the April 2017 PSD minutes as presented. M = Blizzard S = Wahr Motion approved V.) RECEIPT OF COMMUNICATION

• Receipt of April Downtown Development Directors report. • 1st quarter financials.

VI.) PUBLIC COMMENT

• Kris Batzner – comments in favor of keeping bike corral at 206 West Michigan. • Jay Batzner – comments in favor of keeping bike corral at 206 West Michigan. • Mollea Davis – comments in favor of keeping bike corral at 206 West Michigan. • Lori Gillis – comments regarding to the notification on bike corral installation. Asked questions

pertaining to overnight bike parking in bike corral, Fire Safety Grant, Business Incubator and April minutes.

VII.) OLD BUSINESS a.) Hanging Basket Budget Amendment (TIFA/PSD) (TIFA) Motion to utilize TIFA undesignated funds to purchase the remaining 140 hanging baskets with a cost not-to-exceed $25,500. M = Lents S = Wieferich Motion approved

(PSD) Motion to approve purchase of annual plant materials for hanging baskets from PSD budget in the amount of $7,370. M = Blizzard S = Fox

Amendment to motion to request PSD transfer funds annually to TIFA for repayment if funds balance exists.

M = Lents S = Wahr Motion to amend original motion approved. Motion with amendment approved. VIII.) NEW BUSINESS a.) 2018/19 Master Plan Budget Request (TIFA/PSD) Discussion was held but no action taken. VIII.) NEW BUSINESS b.) City Commission Funding Requests (TIFA/PSD) Discussion was held but no action taken. VIII.) NEW BUSINESS c.) Parking Management Recommendations (TIFA/PSD) Moved to future meeting due to time constraints.

VIII.) NEW BUSINESS d.) CMU’s 125th Anniversary (TIFA/PSD) Moved to future meeting due to time constraints.

VIII.) NEW BUSINESS e.) Bike Corral Request (TIFA) (TIFA) Motion to approve leave the bike corral in its current location. M = Christensen S = Lents Amendment to motion to review utilization at a later date. M = Wahr S = Blizzard Motion to amend original motion approved. Motion with amendment approved. (PSD) Motion to approve leaving the bike corral in its current location and review utilization at a later date. M = Blizzard S = Wahr Motion Approved.

VIII.) NEW BUSINESS f.) Narrativality Outdoor Dining Request (TIFA/PSD) (TIFA) Motion to approve providing two parking spaces at the cost of one ($250). M = Christensen S = Lents Motion failed with a 4-4 vote.

(TIFA) Motion to use current pricing levels for parking spaces pertaining to outdoor dining decks and recommend dining located on the sidewalk qualify for ADA compliance. M = Wahr S = Blizzard Motion approved.

(PSD) Motion to use current pricing levels for parking spaces pertaining to outdoor dining decks and recommend dining located on the sidewalk qualify for ADA compliance. M = Christensen S = Blizzard Motion approved.

IX.) OTHER/ADDITIONS TO AGENDA a.) Roundtable Due to time constraints no discussion held. Roundtable will appear on each month’s agenda. X.) ADJOURNMENT Meeting adjourned 9:54am.

THE CITY OF

MT. PLEASANT, MICHIGAN

CITY HALL 320 W. Broadway • 48858

(989) 779-5300 (989) 773-6791 fax

PUBLIC SAFETY 804 E. High • 48858

(989) 779-5100 (989) 773-4020 fax

PUBLIC WORKS 1303 N. Franklin • 48858

(989) 779-5400 (989) 772-6250 fax

May 31, 2017 MINUTES – SPECIAL JOINT MEETING TAX INCREMENT FINANCE AUTHORITY (TIFA) and PRINCIPAL SHOPPING DISTRICT (PSD) MEMBERS PRESENT

S. Bissell TIFA/PSD P 12/31/2017 M. McAvoy TIFA P 12/31/2017 R. Blizzard TIFA/PSD P 12/31/2017 J. Horton TIFA (Ind) P 12/31/2018 S. Christensen TIFA/PSD P 12/31/2019 A. Lents TIFA/PSD P 12/31/2017 C. Ritchey PSD P 12/31/2018 R. Swindlehurst, Chair TIFA/PSD P 12/31/2018 P. Fox PSD A 12/31/2017 B. Wahr, Vice Chair TIFA/PSD P 12/31/2019 S. Wieferich TIFA/PSD EA 12/31/2018 M. Sponseller Staff Liaison

A = Absent without notification P = Present EA = Excused Absence N/A = Not Applicable Guests: Aaron Cromar, Kathleen Ling, Bill Mrdeza I.) CALL TO ORDER Call to order at 8:00am. II.) ROLL CALL AND INTRODUCTIONS Member roll listed above. III.) CHANGES/ADDITIONS TO AGENDA No changes or additions to the agenda. IV.) MINUTES None. V.) RECEIPT OF COMMUNICATION None. VI.) PUBLIC COMMENT None. VIII.) NEW BUSINESS a.) Changes to Outdoor Dining Policy (TIFA/PSD) (TIFA) Motion to approve the revised Outdoor Dining Policy as presented by staff. M = Blizzard S = Christensen Motion Passed (PSD) Motion to approve the revised Outdoor Dining Policy as presented by staff. M = Christensen S = Blizzard Motion Passed

VII.) NEW BUSINESS None.

IX.) OTHER/ADDITIONS TO AGENDA None. X.) ADJOURNMENT Meeting adjourned 8:46am.

Funding Proposed General Special

Source Original Amended Fund TIFA TIFA Fascade Assess Parking Event Fees Total

Source of FundsTIFA - Capture $234,000 $219,800 -$ 219,800$ -$ -$ -$ -$ 219,800$

General Fund 84,270 84,270 84,270 - - - - - 84,270

Special Assessment 115,480 115,480 - - - 115,480 - - 115,480

Parking Fines/Fees 35,700 35,700 - - - - 35,700 - 35,700

Donations Light Curtains 10,000 10,000 10,000

Event Fees 7,000 8,250 - - - - - 8,250 8,250

Total Sources $476,450 $473,500 84,270$ 229,800$ -$ 115,480$ 35,700$ 8,250$ 473,500$

Use of FundsOperating Uses

Management T 100,440$ 107,770$ -$ 107,770$ -$ -$ -$ -$ 107,770$

Target Market Analysis T 25,000 25,000 25,000

Business Incubator T 81,600 81,600 81,600

Festive

Events G 8,920 7,500 7,500 - - - - - 7,500

10 Week Series G 7,500 9,000 7,500 - - - - 1,500 9,000

ArtWalk G 730 470 470 - - - - - 470

Banner Festival G 6,460 6,460 6,460 - - - - - 6,460

Beer Festival G 600 600 600 - - - - - 600

Car Show G 1,500 1,500 1,500 - - - - - 1,500

Seasonal Decorations G 3,300 3,300 3,300 - - - - - 3,300

Dicken's Holiday G 32,020 24,440 23,340 - - - - 1,100 24,440

Girls Night Out G 6,610 6,610 4,710 - - - - 1,900 6,610

Movies by Moonlight G 4,000 3,800 50 - - - - 3,750 3,800

Summer Concerts G 12,550 12,200 12,200 - - - - - 12,200

Parking

Enforcement P 22,080 20,440 - - - - 20,440 - 20,440

Maint & Snow Removal S 29,870 29,870 600 - - 29,270 - - 29,870

Marketing/Promotions -

Marketing P 4,670 4,670 600 - - - 4,070 - 4,670

Website P 1,500 1,500 - - - - 1,500 - 1,500

Banners P 3,470 2,060 - - - - 2,060 - 2,060

Beautification

DPW & Parks Staff S 28,390 28,390 - - - 28,390 - - 28,390

Supplies & Contracted Services S 35,220 35,220 - - - 35,220 - - 35,220

Power Washing Sidewalks S 7,300 7,300 - - - 7,300 - - 7,300

Overhead S 6,450 6,450 6,450 - - - - 6,450

Lighting/Electrical S 24,730 26,230 - - - 26,230 - - 26,230

Fascade Improvement Program T - 12,260 - - 12,260 - - 12,260

Total Operating Uses 348,310 464,640 75,280 214,370 12,260 126,410 28,070 8,250 464,640

Central Business District

2017 Amended Budget

Capital Projects

Gum Buster S 7,500 7,500 7,500

Parking Lot Maintenance T 35,000 35,000 - 35,000 - - - - 35,000

Downtown Improvement Program T 30,000 30,000 - 30,000 - - - - 30,000

Banner Poles T 1,000 1,000 - 1,000 - - - - 1,000

Storage Loft T 4,520 - 4,520 - - - - 4,520

Hanging Baskets T 25,500 - 25,500 - - - - 25,500

Light Curtain Match Program T - 20,000 - 20,000 - - - - 20,000

Total Capital Projects 66,000 116,020 - 116,020 - 7,500 - - 123,520

Total Uses 414,310$ 580,660$ 75,280$ 330,390$ 12,260$ 133,910$ 28,070$ 8,250$ 588,160$

Use of Fund BalanceTIFA 67,560$ (112,850)$

Downtown (5,420) (1,810)

Total Use of Fund Balance 62,140$ (114,660)$

Totals By Fund

Proposed General SpecialOriginal Amended Fund TIFA TIFA Fascade Assess Parking Event Fees Total

Beginning Fund Balance

TIFA Fund - Capital Projects 450,000$ 435,000$ -$ 435,000$ -$ -$ -$ -$ 435,000$

TIFA Fund - Bronze Art 42,437 42,437 - 42,437 - - - - 42,437

TIFA Fund - Fascade Improvement 71,730 71,730

TIFA Fund - Unassigned 55,633 104,814 - 104,814 - - - - 104,814

Downtown Fund 66,291 65,993 8,262 - - 47,864 9,867 - 65,993

Total Beginning Fund Balance 614,361 719,974 8,262 582,251 71,730 47,864 9,867 - 719,974

Sources

TIFA Fund 234,000 229,800 - 229,800 - - - - 229,800

Downtown Fund 242,450 243,700 84,270 - - 115,480 35,700 8,250 243,700

Total Sources 476,450 473,500 84,270 229,800 - 115,480 35,700 8,250 473,500

Uses

TIFA Fund 166,440 342,650 - 330,390 12,260 - - - 342,650

Downtown Fund 247,870 245,510 75,280 - - 133,910 28,070 8,250 245,510 588,160

Total Uses 414,310 588,160 75,280 330,390 12,260 133,910 28,070 8,250 588,160

Ending Fund Balance

TIFA Fund - Capital Projects 445,000 400,000 - 400,000 - - - - 400,000

TIFA Fund - Bronze Art 42,437 42,437 - 42,437 - - - - 42,437

TIFA Fund - Fascade Improvements - 59,470 - - 59,470 - - - 59,470

TIFA Fund - Unassigned 128,193 39,224 - 39,224 - - - - 39,224

Downtown Fund 60,871 64,183 17,252 - - 29,434 17,497 - 64,183

Total Ending Fund Balance 676,501$ 605,314$ 17,252$ 481,661$ 59,470$ 29,434$ 17,497$ -$ 605,314$

Proposed

Funding Original General Special

Source Budget Fund TIFA TIFA Fascade Assess Parking Event Fees Total

Source of FundsTIFA - Capture $222,000 -$ 222,000$ -$ -$ -$ -$ 222,000$

General Fund 84,270 84,270 - - - - - 84,270

Special Assessment 115,480 - - - 115,480 - - 115,480

Parking Fines/Fees 35,700 - - - - 35,700 - 35,700

Donations - Light Curtains 10,000 10,000 10,000

Event Fees 9,000 - - - - - 9,000 9,000

Total Sources $476,450 84,270$ 232,000$ -$ 115,480$ 35,700$ 9,000$ 476,450$

Use of FundsOperating Uses

Management T 107,520$ -$ 107,520$ -$ -$ -$ -$ 107,520$

Master Plan T 6,250 - 6,250 - - - - 6,250

Festive

Events G 8,920 8,920 - - - - - 8,920

10 Week Series G 7,500 7,500 - - - - - 7,500

ArtWalk G 470 470 - - - - - 470

Banner Festival G 6,460 6,460 - - - - - 6,460

Beer Festival G 600 600 - - - - - 600

Car Show G 1,500 1,500 - - - - - 1,500

Seasonal Decorations G 3,300 3,300 - - - - - 3,300

Dicken's Holiday G 24,440 23,340 - - - - 1,100 24,440

Girls Night Out G 6,610 4,710 - - - - 1,900 6,610

Movies by Moonlight G 5,600 (400) - - - - 6,000 5,600

Summer Concerts G 12,200 12,200 - - - - - 12,200

Parking

Enforcement P 22,420 - - - - 22,420 - 22,420

Maint & Snow Removal S 30,770 600 - - 30,170 - - 30,770

Marketing/Promotions -

Marketing P 4,670 600 - - - 4,070 - 4,670

Website P 1,500 - - - - 1,500 - 1,500

Banners P 2,030 - - - - 2,030 - 2,030

Beautification

DPW & Parks Staff S 30,390 - - - 30,390 - - 30,390

Supplies & Contracted Services S 36,610 - - - 36,610 - - 36,610

Power Washing Sidewalks S 7,300 - - - 7,300 - - 7,300

Overhead S 5,610 5,610 - - - - 5,610

Lighting/Electrical S 26,230 - - - 26,230 - - 26,230

Fascade Improvement Program T - - - - - - -

Total Operating Uses 358,900 75,410 113,770 - 130,700 30,020 9,000 358,900

Central Business District

2018 Budget -Current Capture

Capital Projects

Parking Lot Maintenance T 30,000 - 30,000 - - - - 30,000

Downtown Improvement Program T 30,000 - 30,000 - - - - 30,000

Fire Safety Program T 100,000 - 100,000 - - - - 100,000

Light Curtains T 20,000 - 20,000 - - - - 20,000

Total Capital Projects 180,000 - 180,000 - - - - 180,000

Total Uses 538,900$ 75,410$ 293,770$ -$ 130,700$ 30,020$ 9,000$ 538,900$

Use of Fund BalanceTIFA (61,770)$

Downtown (680)

Total Use of Fund Balance (62,450)$

Totals By FundProposedOriginal General Special

Amended Fund TIFA TIFA Fascade Assess Parking Event Fees Total

Beginning Fund Balance

TIFA Fund - Capital Projects 400,000$ -$ 400,000$ -$ -$ -$ -$ 400,000$

TIFA Fund - Bronze Art 42,437 - 42,437 - - - - 42,437

TIFA Fund - Fascade Improvement 59,470 - - 59,470 - - - 59,470

TIFA Fund - Unassigned 39,224 - 39,224 - - - - 39,224

Downtown Fund 64,183 17,252 - - 29,434 17,497 - 64,183

Total Beginning Fund Balance 605,314 17,252 481,661 59,470 29,434 17,497 - 605,314

Sources

TIFA Fund 232,000 - 232,000 - - - - 232,000

Downtown Fund 244,450 84,270 - - 115,480 35,700 9,000 244,450

Total Sources 476,450 84,270 232,000 - 115,480 35,700 9,000 476,450

Uses

TIFA Fund 293,770 - 293,770 - - - - 293,770

Downtown Fund 245,130 75,410 - - 130,700 30,020 9,000 245,130 538,900

Total Uses 538,900 75,410 293,770 - 130,700 30,020 9,000 538,900

Ending Fund Balance

TIFA Fund - Capital Projects 330,000 - 330,000 - - - - 330,000

TIFA Fund - Bronze Art 42,437 - 42,437 - - - - 42,437

TIFA Fund - Fascade Improvements 59,470 - - 59,470 - - - 59,470

TIFA Fund - Unassigned 47,454 - 47,454 - - - - 47,454

Downtown Fund 63,503 26,112 - - 14,214 23,177 - 63,503

Total Ending Fund Balance 542,864$ 26,112$ 419,891$ 59,470$ 14,214$ 23,177$ -$ 542,864$

Note: 2019 TIFA CIP = $585,000 - $30,000 improvement, $100,000 fire, $20,000 light curtain, $320,000 pkg lot 3, $115,000 streetscape

Proposed

Funding Original General Special

Source Budget Fund TIFA TIFA Fascade Assess Parking Event Fees Total

Source of FundsTIFA - Capture $196,410 -$ 196,410$ -$ -$ -$ -$ 196,410$

General Fund 84,270 84,270 - - - - - 84,270

Special Assessment 115,480 - - - 115,480 - - 115,480

Parking Fines/Fees 35,700 - - - - 35,700 - 35,700

Donations - Light Curtains 10,000 - 10,000 - - - - 10,000

Event Fees 9,000 - - - - - 9,000 9,000

Total Sources $450,860 84,270$ 206,410$ -$ 115,480$ 35,700$ 9,000$ 450,860$

Use of FundsOperating Uses

Management T 107,520$ -$ 107,520$ -$ -$ -$ -$ 107,520$

Master Plan T 6,250 - 6,250 - - - - 6,250

Festive

Events G 8,920 8,920 - - - - - 8,920

10 Week Series G 7,500 7,500 - - - - - 7,500

ArtWalk G 470 470 - - - - - 470

Banner Festival G 6,460 6,460 - - - - - 6,460

Beer Festival G 600 600 - - - - - 600

Car Show G 1,500 1,500 - - - - - 1,500

Seasonal Decorations G 3,300 3,300 - - - - - 3,300

Dicken's Holiday G 24,440 23,340 - - - - 1,100 24,440

Girls Night Out G 6,610 4,710 - - - - 1,900 6,610

Movies by Moonlight G 5,600 (400) - - - - 6,000 5,600

Summer Concerts G 12,200 12,200 - - - - - 12,200

Parking

Enforcement P 22,420 - - - - 22,420 - 22,420

Maint & Snow Removal S 30,770 600 - - 30,170 - - 30,770

Marketing/Promotions -

Marketing P 4,670 600 - - - 4,070 - 4,670

Website P 1,500 - - - - 1,500 - 1,500

Banners P 2,030 - - - - 2,030 - 2,030

Beautification

DPW & Parks Staff S 30,390 - - - 30,390 - - 30,390

Supplies & Contracted Services S 36,610 - - - 36,610 - - 36,610

Power Washing Sidewalks S 7,300 - - - 7,300 - - 7,300

Overhead S 5,610 5,610 - - - - 5,610

Lighting/Electrical S 26,230 - - - 26,230 - - 26,230

Fascade Improvement Program T - - - - - - -

Total Operating Uses 358,900 75,410 113,770 - 130,700 30,020 9,000 358,900

Central Business District

2018 Budget -Alternate Capture

Capital Projects

Parking Lot Maintenance T 18,000 - 18,000 - - - - 18,000

Downtown Improvement Program T 18,000 - 18,000 - - - - 18,000

Fire Safety Program T 100,000 - 100,000 - - - - 100,000

Light Curtains T 20,000 - 20,000 - - - - 20,000

Total Capital Projects 156,000 - 156,000 - - - - 156,000

Total Uses 514,900$ 75,410$ 269,770$ -$ 130,700$ 30,020$ 9,000$ 514,900$

Use of Fund BalanceTIFA (63,360)$

Downtown (680)

Total Use of Fund Balance (64,040)$

Totals By FundProposedOriginal General Special

Amended Fund TIFA TIFA Fascade Assess Parking Event Fees Total

Beginning Fund Balance

TIFA Fund - Capital Projects 400,000$ -$ 400,000$ -$ -$ -$ -$ 400,000$

TIFA Fund - Bronze Art 42,437 - 42,437 - - - - 42,437

TIFA Fund - Fascade Improvement 59,470 - - 59,470 - - - 59,470

TIFA Fund - Unassigned 39,224 - 39,224 - - - - 39,224

Downtown Fund 64,183 17,252 - - 29,434 17,497 - 64,183

Total Beginning Fund Balance 605,314 17,252 481,661 59,470 29,434 17,497 - 605,314

Sources

TIFA Fund 206,410 - 206,410 - - - - 206,410

Downtown Fund 244,450 84,270 - - 115,480 35,700 9,000 244,450

Total Sources 450,860 84,270 206,410 - 115,480 35,700 9,000 450,860

Uses

TIFA Fund 269,770 - 269,770 - - - - 269,770

Downtown Fund 245,130 75,410 - - 130,700 30,020 9,000 245,130 514,900

Total Uses 514,900 75,410 269,770 - 130,700 30,020 9,000 514,900

Ending Fund Balance

TIFA Fund - Capital Projects 330,000 - 330,000 - - - - 330,000

TIFA Fund - Bronze Art 42,437 - 42,437 - - - - 42,437

TIFA Fund - Fascade Improvements 59,470 - - 59,470 - - - 59,470

TIFA Fund - Unassigned 45,864 - 45,864 - - - - 45,864

Downtown Fund 63,503 26,112 - - 14,214 23,177 - 63,503

Total Ending Fund Balance 541,274$ 26,112$ 418,301$ 59,470$ 14,214$ 23,177$ -$ 541,274$

Note: 2019 TIFA CIP = $585,000 - $30,000 improvement, $100,000 fire, $20,000 light curtain, $320,000 pkg lot 3, $115,000 streetscape