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Stanton Downtown Development Authority narrows student logo choices, defers metal art after budget review
Summary
At its March 3 meeting the Stanton Downtown Development Authority approved its agenda and minutes, heard that TIF revenue this fiscal year is about $34,000, decided estimates for a proposed metal art project were out of budget, and narrowed student-submitted logo options to two for revision.
Chair Coffey called the Stanton Downtown Development Authority meeting to order at 8:30 a.m. on March 3 and the board approved the meeting agenda and February minutes on voice votes.
The authority heard a brief financial report noting that tax increment financing (TIF) revenue for the current fiscal year was approximately $34,000. Board members said limited TIF funds were a factor in their decision-making for planned downtown projects.
After reviewing submitted estimates for a proposed metal art installation, the board determined the estimates exceeded available funds and discussed alternative options instead of moving forward with the project as proposed. The transcript records that the estimates were “out of budget,” but no dollar amount for the metal art proposals was provided.
The board reviewed logo designs submitted by the Central Montcalm Tech & Design class and narrowed the selection to two options. Chair Coffey was assigned to contact the students to request minor changes; the board plans to review revised designs at the next meeting.
Actions at the meeting were routine: Hendrix moved and Sattler seconded approval of the agenda and February 3 minutes; both motions carried on voice votes. Coffey moved to adjourn at 9:57 a.m., Worden seconded, and the motion carried.
The authority did not receive any public comments. The board will revisit the logo options after the Central Montcalm Tech & Design class submits requested revisions and will consider alternative approaches for the metal art project given current TIF revenue constraints.
