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FINANCIAL IMPACT <br />Research and preliminary bids indicate the cost of the above recommendations to be <br />approximately $30,000. In their 2012 budget, the HRA budgeted $15,000 for an engineering <br />study for the HRA buildings and $5,000 for building maintenance and repair. This money <br />could be used for the wall improvements. Additional expenses would come out of the HRA <br />development fund (current balance is $817,654) <br />ATTACHMENTS <br />• Memorandum dated January 10, 2012 from Braun Intertec re: 714 Main Street <br />N:\Departments\Community Development\Economic Development\HRA to move\Agenda\Year 2012\2-6-12 HRA Agenda\724 Main <br />Street Improvements ILdoc <br />