Revitalization Commission Agenda and Packet 2024 09 18

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Revitalization Commission Minutes August 21, 2024 Page3of9 The report will be a sort of case study to help support downtown revitalization as the economy and uses change, to make the Chase building a positive contributing property for downtown. Mayor Leh commented this is intended to be collaborative with the property owner, but the consultant is working for the commission. He noted that the duty of loyalty is to the commission and there are multiple benefits to this project. Commissioner Harald commented that this as the intent from the beginning; it's a partnership with staff directly which rolls up to the LRC. Chair Adler commented that the proposed agreement includes two meetings with the LRC as well as a summary of findings and recommendations. Commissioner Harald made a motion to approve contracting with Trestle Strategy Group as described in the August 21st meeting memo to work on the Chase Bank project not to exceed $15,000. Mayor Leh seconded. Roll Call vote: unanimously approved. Public Comments: None. Discussion and Re -approval of Funding for the Grea Fields Sculpture The Economic Vitality (EV) Specialist reminded the LRC of the cooperative agreement entered into in 2021 for public art in the South Street underpass. The original agreement was for $11,500 and stated that the art would be completed in 2021. Due to delays by external parties, the sculpture hasn't been completed. Necessary approvals have now been received and the project is now able to be completed in 2025. The artist has updated the cost of completion to be $13,880. If the LRC desires to fund the installation, both the LRC and City Council will need to amend the cooperation agreement. If approved, staff will begin working on the amendment with direction from LRC and will bring it back to the Commission with the upcoming budget discussions. Commissioner Comments: Commissioner Tofte commented that working with BNSF has been very difficult and he's thrilled that we're using the same artist to tie in with the existing art in the underpass. He supports this request. Commissioner Harald expressed support for re -approval of funding for the sculpture. Commissioner Williams expressed support for re -approval of funding for the sculpture. She asked for art projects to be added to the ongoing budget. She asked if the funding is still available since the funding wasn't spent in 2021. The EV Manager responded that the funding for this project was not re -allocated when it wasn't spent in 2021, and it wasn't included in the budget previously discussed by the commission. She noted that an amended 2024 budget will be brought forward to the LRC, and this item will be included in the proposed amendment. This funding will be pulled from the LRC's current reserves. Mayor Leh thanked Mr. Cathcart for reminding the LRC about its past commitment. He expressed council's support for this project.