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5:30PM Downtown Development Authority Meeting @ City Hall

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Tonight's Topics:

The DDA will hear a report about downtown "wayfinding" (directional signs). The information is not available for review prior to the meeting.

Staff will report on several projects that DDA intends to support.

  • Ford Street Trail Underpass - DDA will contribute at least $125K this year, possibly as much as $250K.
  • East Zone Amenities - DDA will contribute $125K this year.
  • Ford/Jackson at 14th Bike/Ped Improvements - $80K if they start construction this year.
  • Jackson Street Redesign - Up to $200K, possibly not this year.
  • A "Cultural Plaza" in the parking lot behind the Old Capitol Grill and Miners Saloon. City Council has declined this project a couple of times, so those who want to pursue it are talking to the Golden Civic Foundation.

The Jefferson County Assessor has informed the DDA of an error, causing the County to overpay tax increment revenue. Staff is waiting to learn how much.

The DDA may help fund upgrades in electrical power to the Farmer's Market lot and Parfet Park.

Grants
So far this year, DDA has provided business grants to

  • Foothills Art Center ($4,318)
  • 1418 Ford St. ($3,483)
  • the Look What I Found Boutique ($537)
  • Abeja's Bistro (3,650)

They have $130,000 budgeted for grants this year.

In addition, they have committed

  • $375,000 for an expansion of the Golden Welcome Center
  • $312,500 for Miners Alley Performing Arts Center Phase 2
  • $180,000 for Foothills Art Center
  • $1 million to contribute to City Projects

Highlights