HomeMy WebLinkAboutX-E-01 Community Investment Fund
City Council Memorandum
To: Mayor Fasbender & City Councilmembers
From: Chris Jenkins, Parks & Recreation Director
Date: April 17, 2023
Item: Community Investment Fund Recommendations
Council Action Requested: Approve the Finance Committee of Council’s
recommendations for Community Investment Fund funding.
Background Information: As part of the 2023 Budget, the City Council continued
the Community Investment Fund and allocated $100,000.00 in funding for 2023.
The Community Investment Fund is focused on partnerships and civic engagement
with a goal of creating and supporting vibrant, community-supported, public
projects and efforts.
A review of applications was completed with the Finance Committee of Council on
Wednesday, April 5th. A total of 8 applications were received. Committee and staff
unanimously recommend funding for 7 of the 8 applications.
• Downtown Business Association: $10,525.75 for holiday lighting in the
downtown area. DBA matching with $10,525.75.
• Building Remembrance for Reconciliation (BR4R): $10,000.00 to complete
Phase 2 in their process of finalizing and refining a future art project and
installation. BR4R matching with $3,000.00.
• Dakota County Historical Society, Leduc Mansion: $12,000.00 for new
shelving, archival supplies, creating of new exhibits and roofing materials
for the chicken coop. DCHS matching with $3,379.00.
• Hastings Football Club: $27,000.00 to complete contracted core aeration
and top-dressing projects in 2023 at the Veterans Athletic Complex Soccer
Fields. HFC has committed to up to $25,000.00 in funding to continue
improving the soccer facilities in Hastings.
• Hastings Environmental Protectors:
o $4,500.00 to purchase and install 2 floating bio islands at Cari Park
Pond to improve water quality and test these islands for future
expanded use in Hastings. HEP matching with $500.00
o $3,000.00 to install annual, rotating Dale Lewis art pieces in
Vermillion Linear Park. A 3-year project, with the art piece changing
annually, and coordinated with the Arts Commission.
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o $5,650.00 to purchase and install site specific pollinator interpretive
and educational signage at HEP installed and maintained pollinator
patches. HEP matching with $500.00
Financial Impact:
Allocation remains within the $100,000.00 budget allocation for the 2023 CIF.
Approximately $72,675.75 is being allocated at this time. Applicants are matching
this allocation with up to $42,904.75 to complete these projects.
A balance of $27,324.25 remains to support additional CIF projects in 2023.
Advisory Commission Discussion:
Arts & Culture Commission met April 12 and was supportive of the HEP sculpture
rentals. The Commission raised concerns about time/cost/coordination with City
staff for installation, location of installation, and liability concerns if someone were
hurt climbing on a sculpture.
Council Committee Discussion:
Finance Committee met on Wednesday, April 25 and offered the included,
unanimous recommendation.
Attachments:
▪ N/A
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