03-10-1998 HR MIN - Laserfiche WebLink

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HRA Special Workshop Meeting Minutes March 10, 1998 Page 2 • • Conditions- understanding what exists so that we plan in the context of today's Monticello. Part Two-The Basis for a Plan • Desired Future-identifying the qualities, patterns and character important to the downtown and rivefront • Explorations- understanding the implications of varying approaches to revitalization Part Three-The Plan • describing a plan that addresses the needs identified in ways that reach toward the community's common vision • establishing rules that lead to the community's common vision for its downtown and riverfront Part Four- Implementing the Plan • First Steps- establishing early actions for achieving the plan • Finance Tools and Resources- Identifying funding sources needed to make the plan happen • An Overall Strategy- an implementation strategy for achieving the plan • Indicators- measuring the success of initiatives and providing a vehicle for re-directing its course. 3. Question and Answer/Discussion • Ms. Ulrich explained that Monticello's plan was reviewed and approved by Monticello Community Partners, and then the HRA, Planning Commission and finally, by the City Council. Projects within the designated district must be reviewed and approved by the Design Advisory Team (DAT). 011ie Koropchak discussed events which motivated interest in the downtown; the closing of the downtown Johnson's Department Store, the roof of a downtown building caving in, and the devastating storm in 1997. Ms. Koropchak reviewed the steps Monticello went through to develop their plan, beginning with the visioning process, setting priorities, involvement of staff and the public and working with outside consultants. Ms. Koropchak explained Monticello's plan is a combination of redevelopment and revitalization of the downtown. Ms. Koropchak noted the following funding mechanisms are available for Monticello projects: a. Grant-match in $2,500 increments (up to $7,500) b. Loan for interior improvements up to $20,000 (2% below prime interest rate) c. Grant for city fees reimbursement- up to$500. Ms. Koropchak indicated grants are not awarded until a project is completed according to approved plans and has been inspected. Ms. Koropchak felt the circumstances and events which affected the • downtown, good direction by the city council, and the support and involvement of volunteers all contributed to the success of developing the plan.