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Home My WebLink AboutResolution No. 283-20 - Destination Medical Center (DMC) Development Plan Five-Year Update RESOLUTION Five-Year Update to the Destination Medical Center Development Plan. WHEREAS, on March 23, 2015, the Common Council of the City of Rochester adopted Resolution No. 133-15 approving the Destination Medical Center (DMC) Development Plan; and, WHEREAS, Minnesota Statutes, section 469.43, subd. 4 requires that the Destination Medical Center Corporation (DMCC) update the Development Plan not less than every five years; and, WHEREAS, on August 27, 2020, the DMCC formally submitted the Five-Year Update to the Development Plan (Forward: Creating Rochester’s Tomorrow) to the City of Rochester for its review and action within 60 days; and, WHEREAS, the DMC Economic Development Agency (EDA) has coordinated ongoing community engagement activities; received additional feedback and input from community members, City and County staff, stakeholders, and professional advisory firms; and corrected minor grammatical and editing errors found in the Five-Year Update to the Development Plan; and, WHEREAS, the DMC EDA has advised the City that the most substantive of these additions include scenario-based forecasts of the economic impact of the global COVID-19 pandemic and updated built program projections for 2020-2024; and, WHEREAS, the DMC EDA has incorporated these additions into the submission provided by the DMCC and recommends that the Common Council of the City of Rochester adopt this updated version; and, WHEREAS, the City has reviewed the Five-Year Update to the Development Plan as updated by the DMC EDA; NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester that the City approves the Five-Year Update to the Development Plan, including the additions provided by the DMC EDA. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2020. ___________________________________ PRESIDENT OF SAID COMMON COUNCIL ATTEST: __________________________ CITY CLERK APPROVED THIS _____ DAY OF ______________________, 2020. ___________________________________ MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota)