HomeMy WebLinkAboutResolution No. 122-25 - Resolution - Historic District Incentives Request - 22 3rd Street SW
RESOLUTION
Adopting A Resolution Approving Downtown Property Preservation Program
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Funding Request for 22 3 Street SW
WHEREAS, On January 22, 2024, the City of Rochester (the “City”) established a
downtown commercial historic district of thirty-two properties (the “Commercial Historic
District District”) located within the development district boundaries as adopted in the
Development Plan (the “Development District”); and
WHEREAS, On May 23, 2024, the DMCC established a downtown property preservation
program (the “Program”). The Program provides an application and a general state
infrastructure aid funding process for public infrastructure projects within the Commercial
Historic District; and
WHEREAS, The Program provides an opportunity of funding up to 50% of a capital
improvement project (not to exceed $500,000 per property) within the Commercial
Historic District if such project (i) meets the definition of a “public infrastructure project”
(as defined in Minnesota Statutes, Section 469.40, subdivision 11); (ii) lies within the
Development District and is defined as a “contributing property” within the Commercial
historic District; (iii) is consistent with the Development Plan; (iv) achieves a capital
improvement that is intended to be a permanent asset of the Commercial Historic District;
and (v) satisfies certain statutory requirements, including prevailing wages and use of
American-made structural steel, as well as local requirements, such as sustainable
building standard, women and minority-owned construction contracting, and workforce
development (collectively, the “Program Requirements”); and
WHEREAS, The final payment will be based on the actual costs and will not exceed 50%
of the Proposed Project Cost; and
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WHEREAS, The owner of property located at 22 3 Street SW has requested funding
under the Program for a project that will include tuck-pointing and roof replacement
updates (the “Proposed Project”); and
WHEREAS, The Destination Medical Center Corporation (DMCC) has approved the
Proposed Project on May 22, 2025, DMCC Board Meeting; and
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester,
MN, that the Council adopts the Downtown Property Preservation Program funding
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request in the amount of $127,039 for the property located at 22 3 Street SW.
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)