Ongoing DMC costs are on city council agenda
“These are all big projects, and I understand they are commendable, but at the end of the day we as a city are going to have to nurture and operate them,” said Mark Bransford, Rochester City Council member. , during a recent discussion of the DMC budget for 2022 projects. “We’re talking a lot of money. I think we need to take a step back.
RELATED: $ 36.3 Million More Invested in DMC Projects
He said residents are concerned about current expenses which are seen to benefit a specific part of the city.
Deputy City Administrator Aaron Parrish said DMC projects are intended to increase the city’s economic dynamism, which will provide a range of benefits to the city and provide increased revenue opportunities to cover costs.
At its weekly meeting at 3:30 p.m. on Monday, the board will discuss potential short- and long-term strategies to cover ongoing expenses related to DMC projects.
Agenda documents show that the new planned costs for Heart of the City operations, which includes the Peace Plaza update, could increase by $ 115,000 next year. The estimate climbs to $ 243,000 in 2023.
With construction of the Discovery Walk along four blocks of Southwest Second Avenue to begin next year, additional costs to the city are expected to follow to activate the area.
In 2024, the city is expected to see $ 120,000 in estimated costs to begin activating the planned promenade.
An estimate for 2025 puts the cost of the downtown core at $ 268,000 and that of the discovery walk at $ 280,000.
Additional costs include standard maintenance expenses, funding for personnel and materials related to operations, and energy and utility expenses.
There are several sources of funding that could be considered, including tax allowances, existing property tax funds, sales tax funds, downtown special service district revenues, and capital increase funds. unallocated tax.
On Monday, the board will review options and a proposed phased approach to paying for the additional expenses. The meeting will take place in the council chamber of the city-county government center, but it will also be broadcast live at www.rochestermn.gov/agendas and be available on Spectrum 180 or 188 cable channel and Metronet channel 80.
Meetings scheduled for the week of October 11 include:
• Study session of the City Council, 3:30 p.m. on Monday. The meeting will be webcast live at www.rochestermn.gov/agendas and be available on Spectrum 180 or 188 cable channel and Metronet channel 80.
• Police Policy Oversight Commission, Monday at 4 pm. Access information is available on www.rochestermn.gov/agendas
• Energy commissioner, 4.30 p.m. Wednesday. A video will be posted after the meeting.
• Town Planning and Zoning Commission, Wednesday 6 pm. Access information is available on www.rochestermn.gov/agendas
• Pedestrian and Bicycle Advisory Committee, Wednesday at 6.30 p.m. Access information is available at www.rochestermn.gov/agendas
• Human Services Advisory Council, Wednesday at 7:00 am in Conference Room 161 at 2117 Campus Drive SE.
• Human Rights Commission, Thursday 6 pm in Conference Room 2 of the City-County Government Center.
• Planning Consultative Commission, Thursday at 7 pm in the council room of the government center.