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HomeMy WebLinkAboutResolution No. 041-25 - Resolution - DMC Funds for Public Realm Enhancements RESOLUTION Authorization Approving Expenditure of Destination Medical Center (DMC) Strategic Redevelopment Funds in Support of 2 Street Public Realm Enhancement WHEREAS, the Development Plan adopted by the Destination Medical Center Corporation (DMCC) on April 23, 2015, as amended, (the “Development Plan”) concerned mobility, transformative transportation strategies, and related development. The Development Plan highlighted the goal of a mode shift in transportation in which a significant portion of community trips downtown shift away from single occupant vehicle trips and towards other Modes, including Link Bus Rapid Transit running down 2 Street; and WHEREAS, the 2 Steet corridor is a critical East West connection within the Destination Medical Center (DMC) District and is the location of the Link Bus Rapid Transit. The creation of public realm spaces within the neighborhoods along 2 Street, designed to achieve neighborhood connections to this key transportation corridor, align with the DMC and City goals set forth in the Development Plan. More specifically, creation of a mid- block pedestrian passageway to divide-up superblocks that exist along the 2 Street corridor, bringing human-scaled dimension back to the street, has been identified as a significant component of neighborhood connectivity; and WHEREAS, the DMCC Board approved the use of DMC Strategic Redevelopment Funds in support of 2 Street Public Realm Enhancements at their February 6, 2025, DMCC meeting in the amount of $2,372,500; and WHEREAS, the City of Rochester is recommending to the Rochester Common Council to approve the $2,372,500 to support the 2 Street Public Realm Enhancements project. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester, MN, that the Council authorized the use of $2,372,500 from the DMC CIP Strategic Redevelopment fund to the proposed Gerrard 2 Street Public Realm Enhancements project. 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)