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Revitalization Commission <br />Minutes <br />March 10, 2021 <br />Page 5 of 6 <br />February, including the use of the Xcel 1 % fund and the status of the <br />undergrounding initiative at Hwy 42 and Griffith Street. <br />Commissioner Gambale inquired about the 809 Main undergrounding project <br />and how long it would take. Director Pierce said they are still four to five months <br />from construction and that the redevelopment can move forward while the City <br />pursues the undergrounding in the public alley. <br />Director Pierce noted that based on Council direction, the 1 % fund will be used <br />for the downtown undergrounding between Pine and Spruce (alley between <br />Main and LaFarge). If the cost estimate from Xcel exceeds available funds or <br />other costs are determined, the LRC may be asked to contribute to this project <br />as well. It is anticipated that would be known before the 2022 budget <br />development. <br />Commissioner Tofte said he supports the alley projects as three downtown <br />alleys are in terrible shape. Commercially, they would address the condition <br />survey and enhance commercial viability of success of businesses. <br />Commissioner Smith agrees. It would be a good use of LRC money. <br />• Discussion/Direction- Work Plan <br />There have been minor updates to work plan, mostly noting work in progress. <br />Progress on Phase 1 Wayfinding project occurred with the Council consent to <br />the project, which was received on February 16, 2021. Director Pierce shared <br />highlights from the Council meeting as well as staff's next steps to continue <br />project implementation. <br />• Information Only — 2020 Urban Renewal Area Revenue Reports <br />Included for Commissioner information. <br />• Items for Next Regular Meeting: April 14, 2021 <br />• Work Plan <br />Commissioners Comments: <br />Commissioner Williams asked about the creation and review of the Work Plan. <br />Director Pierce noted it was a document created for and maintained by the LRC. <br />Commissioner Tofte asked about the progress of Ace Hardware at Louisville Plaza. <br />Director Pierce said, yes, Ace Hardware is moving forward with an anticipated opening <br />in June. They have joined the Chamber of Commerce. <br />Agenda Packet P. 6 <br />