HomeMy WebLinkAboutIDC 07/11/2024IDC MEETING
07.11.24
1. Call to Order
Present: Chris Jackson, Keith Wells, Kostas Loukos, Julie Jones, Wayne Smith, Kevin Dumas
Motion to open the meeting: Mr. Smith
Second: Ms. Jones
Vote Passes: 5:0
Time: 7:02 pm
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2. Acceptance of Minutes
• 06/13/24 Meeting
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o Comments:
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o Motion: To accept the minutes of June 13, 20024
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o Moved: Mr. Loukos
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o Second: Ms. Jones
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o Vote Passes: 5:0rri
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3. Strategic Planning
• Mr. McDermott announced to the Commission that this would be his last meeting with the IDC
because he was taking a new position in another community. He informed that the IDC would be invited to
speak at an upcoming Select Board meeting. Most likely sometime in August. He added that it has been his
absolute pleasure to work with the IDC and for the Town.
• Mr. Dumas thanked the Commission for working with Mr. McDermott. He then informed the IDC that
it was his intention to fill the vacant Economic Development Director position. He added that he looks forward
to sharing additional details on that at an upcoming IDC meeting.
4. Sign and Facade
• Mr. McDermott informed the Commission that all three projects that were funded by the grant
were completed by the grant deadline.
• All reporting to the State is complete
o Hometown Hardware — 284 North Main Street:
First to complete their project.
They haven't replaced their permanent sign, but will do so at a later date.
Total cost of project was $12,875.00, leveraging $2,875 in private funds beyond the
grants limit of $10,000.
o Trattoria delta Nona —160 North Main Street:
• New awing is installed.
• Painting is complete
• Expended $11,412.81 in total, leveraging $1,413,81 beyond the grant limit of
$10,000.
o Eddy's Building— 265 North Main Street:
• The project is complete.
• Property owner paid artist $1500 advance to get him to start the project in time to
meet the program's deadline.
• Project cost was $3500.
o $1500 will be returned to the state in unallocated funds from Mansfield.
o Mr. McDermott thanked Nancy Griffin for pitching in while he was out of the country at the
time of the program's funding submission deadline.
o Looking ahead to Fiscal Year 2025
• A $50,000 funding allocation has been secured in the Senate Budget. Pending
approval of Conference
5. Downtown
• MSROD/Parkway
o It appears that the Parkway Connector will be included in the Commonwealth's Traffic
Improvement Plan (TIP).
• This would fund the whole project
o The Town inserted a $2.1M earmark for the Parkway into the House version of the Housing
Production Bond Bill.
6. Discover Mansfield
• FY24 Closeout & FY25 Bidding
o FY24 has been closed out and all invoices have been processed.
o FY25 RFQ has not been distributed
• Work is currently on hold
7. Business Development and Outreach Efforts
• Cabot Park Warehouse Owner
o A realtor representing a property owner in the park has requested information regarding
appreciation rates in the Park.
o Mr. McDermott has provided the realtor with data from the Assessor's Office on warehouse
properties dating back to 2007.
• Cabot Park Business Park
o The Town has finalized a design for new signage at the School Street entrance to the Cabot
Park.
o Funds have been requisitioned and the Town is ready to submit the order.
8. Key Partnerships
• MassEcon/Community Servings
o Community Servings will be holding a service day
o NextGen (Young Professionals) Committee
• One space available
Next meeting will be held on Tues., July 1611 from 1:00 pm — 4:00 pm
This space is available for anyone who is interested in taking this slot.
9. Any items Not Known
• None
10. Adjourn
Motion to adjourn the meeting: Mr. Smith
Second: Ms. Jones
Vote Passes: 5:0
Time: 7:49 pm