Revitalization Commission Agenda and Packet 2025 01 22

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Revitalization Commission Minutes December 11, 2024 Page 4 of 9 funds and even private dollars. This conversation can be included in the discussion of each item in the proposed Work Plan. Commissioner Harald commented that his understanding on next steps emerging on bond financing for the Vision Plan will be collaborative with City Council but the bulk of the authority about how much of that money will be spent falls more to City Council. He feels it's important to have a detailed conversation about the LRC priorities and preferences, which have been communicated to Council. He expressed concerned about how much of the bond proceeds can be earmarked for things like assistance for businesses impacted by construction. He would like a clear understanding of how to have a conversation with the City about bond proceeds being used for other large projects which may come forward in the next few years. It's not clear where the funding for needs will come from now that the LRC's budget is constrained. Chair Adler suggested each Work Plan priority can be discussed in the order listed to help structure the discussion. Downtown Vision Plan — Design Development The EV Manager commented that the Vision Plan RFP will go out in January, and they will home in on the plan that was adopted to get more concrete estimates and construction design documents completed. This will provide a clear understanding of construction costs for the various elements of the project. Then the LRC will decide which components of the project the Commission wants to fund. Then it will go to Council for approval. Commissioner Iglesias asked if Council is able to change the LRC recommendations. The EV Manager responded that Council may approve modifications/changes to the LRC's recommendations, but LRC makes final approval prior to spending. Commissioner Tofte asked if the LRC will see the RFP before it is posted for bids. The EV Manager responded that the LRC won't review the RFP prior to posting. It will include the whole project as previously approved by the Commission. Choosing which components to fund will happen after the design work has been completed. Commissioner Williams commented that it will be critical for the LRC to engage downtown business owners in the conversations identifying which elements to fund, adding that anyone can attend LRC meetings to provide comment. She suggested that the LRC should have more intention bringing the information to groups like the Chamber and the Downtown Business Association so that the LRC's decisions are more informed. The EV Manager responded that the intent is to have additional rounds of public comment throughout the process. Chair Adler mentioned that she heard at the Council meeting that it was possible that small working groups might be included as part of the design process. She asked if that will still happen and include a liaison from the Chamber and Downtown Business Association. The EV Manager responded that she would have to check on this question and will report back on this question to the Commission. Chair Adler commented that she feels having structured input from these organizations is important to the project. Mayor Leh commented that it's essential that LRC have a strong voice and collaboration with stakeholders. Chair Adler responded that this is why we have a liaison on Council, to relay the LRC's wishes to City Council as a whole. Agenda Packet P. 6