HomeMy WebLinkAboutResolution No. 042-25 - Resolution - Budget Amendment 2025 DMCC - Peace Plaza Pavers
RESOLUTION
Authorizing a Budget Amendment for the 2025 Destination Medical Center
Corporation (DMCC) Capital Budget.
WHEREAS, the Destination Medical Center Corporation (DMCC) must adopt an annual
Funding request and a Five Year Capital Plan; and
WHEREAS, the City Council approved the 2025 Destination Medical Center Corporation
(DMCC) Operating Budget, the 2025 DMCC Capital Budget, the DMCC and the DMC
Economic Development Agency Working Capital Loan Extensions; and
WHEREAS, the City Council has requested the City evaluate the functionality and
pedestrian experience of Peace Plaza; and
WHEREAS, the City has identified additional modifications to Peace Plaza including
increasing the area of smooth pavers, visual cues to distinguish between walkway and
the art experience and additional surveying and engineering analysis; and
WHEREAS, the associated budget amendment necessary for these identified
infrastructure improvements is $175,000; and
WHEREAS, the City Council of the City of Rochester must review and approve the
DMCC’s annual budget.
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester
that the previously amended 2025 Capital Improvement Plan (CIP) for the Destination
Medical Center Corporation totaling $163,130,036, be amended to include in the 2025
DMC CIP an additional $175,000 from General State Infrastructure Aid to fund additional
modifications to design components of Peace Plaza and conduct additional surveying
and engineering analysis.
BE IT FINALLY RESOLVED by the Common Council of the City of Rochester,
Minnesota, that the above listed financing plans are approved and the corresponding
amendments to the 2025 Adopted City Budget are authorized.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2025.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2025.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
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