(A) The purpose of this section is to establish the city's commitment to participate in the Kentucky Main Street Program and the Kentucky Renaissance on Main Program and to enact the formal and binding statement of the plans, expectations and responsibilities required for certification by the Kentucky Main Street Program and the Kentucky Renaissance on Main Program from the city, and Main Street Committee, which is the group serving as the coordinating committee for the Renaissance on Main Street Program. This commitment is made retroactive to January 1, 2008, and is effective for January 1, 2008 through December 31, 2008, subject to annual renewal.
(B) The city and the organization hereby commit to participate in the Kentucky Main Street Program and agree to:
(1) Employ a local Main Street Manager who will be responsible for the day-to-day administration of the local Main Street organization in the community. In the event the Program Manager is vacated during the term of this agreement, the city agrees to make every attempt to fill the position within three months or less. The local Main Street Manager shall serve as a liaison between the community and the local government and shall report to the local government at each City Council meeting, and provide complete reports of all activities, at least quarterly;
(2) Establish and/or maintain an organization focused on downtown revitalization that includes representation from both the public and private sectors. This committee shall meet on a regular basis and maintain meeting minutes denoting the organizational business. The committee is encouraged to establish working sub-committees including, but not limited to the following committees: design, economic restructuring, promotion, and organization, in order to comply fully with all state requirements for this program;
(3) Work together to provide an adequate budget with funds necessary for operating a local Main Street/Renaissance on Main Program office, implementing an active plan of work, and ongoing training of the Program Manager on board. The funds shall be derived both from city resources, as well as from local businesses and industries, state and federal grants and loans, and all other available sources as developed by the Main Street Manager. All such funds shall be deposited into a special Main Street account, to be administered by the City Clerk, and from which all Main Street expenses shall be paid;
(4) Develop and implement a comprehensive approach to downtown revitalization using the Main Street Four-Point Approach and Eight Principles ascribed by the National Main Street Center, including development of annual written work plan for the local Main Street organization;
(5) Provide data and statistics for monitoring the progress of the local Main Street Program by submitting required reports in a timely manner using the format provided by the Kentucky Main Street Program and provide other information requested by the Kentucky Main Street Program and Renaissance on Main;
(6) Provide for the local Main Street Manager's and committee members' attendance at local, state and national training opportunities. The local program must be represented at a minimum of three trainings approved by the Kentucky Heritage Council during the January-December time frame. The organization shall be responsible for travel costs and other expenses associated with these meetings;
(7) Provide copies of all materials relating to downtown revitalization efforts to the Kentucky Main Street and Renaissance on Main Program;
(8) Demonstrate timely and professional administration of grant funds;
(9) Have assessment review of certification application completed by KHC or peer by September, 2008.
(Ord. 577, passed 5-5-08)