DATE: January 8, 2016
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
SUBJECT:
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*Consideration of Resolution 2015-97, a Resolution Acknowledging the Letter of Agreement between the Tennessee Main Street Program and the Downtown Franklin Association (01/26/16 WS)
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Purpose
The purpose of this memorandum is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning a request to enter into a Letter of Agreement supporting the participation of the Downtown Franklin Association (DFA) in the Tennessee Main Street Program
Background
The Tennessee Department of Economic and Community Development operates the Tennessee Main Street Program. The Tennessee Main Street Program, which is associated with the National Main Street Center, assists communities in promoting and revitalizing their downtowns and central business districts. The Downtown Franklin Association was founded in 1984 with the expressed mission of revitalizing Franklin’s historic downtown. These efforts have been directed by the program guidelines of the National Main Street Center and the National Trust for Historic Preservation. As a part of its ongoing participation in the Main Street Program, the DFA enters into a Letter of Agreement with the Tennessee Main Street Program. The Letter of Agreement also requires the local government, represented by the Mayor and the City Administrator, to acknowledge the participation of the community in the Main Street Program.
Financial Impact
There is no direct financial obligation associated with this acknowledgement by the City.
Recommendation
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Staff recommends approval of Resolution 2015-97, a Resolution Acknowledging the Letter of Agreement between the Tennessee Main Street Program and the Downtown Franklin Association.