DDP Economic Vitality Agenda Revised

Economic Vitality Committee Meeting December 13, 2023 7:45 a.m. Loft Realty – 146 S. State Street, Dover AGENDA Revised 12-11-23 7:45 Continental breakfast 8:00 Welcome Agenda Minutes Public comments 8:05 Critical Improvements Program (CIP) Relaunch NOTE: This special presentation & discussion targeted to property owners of buildings in downtown Dover. See details below and pages 2 and 3. ZOOM LINK: In attached flyer 9:00 Adjourn About the program: In anticipation of new construction and development in downtown Dover, it is vital to bring current buildings up to today’s standards, and to occupy these buildings with appropriate and sustainable businesses. To address this need, in July 2022, the Downtown Dover Partnership (DDP) was awarded funds from the Delaware Community Reinvestment Fund and, coupled with DDP and property owner funding, offered a special program of “limited time only” financial incentives for improvements to commercial properties in the downtown Dover central business district. The program prioritized critical life-safety and ADA compliance improvements, preparing for commercial kitchens, and ensuring that properties become leased as a result of improvements made. Just recently, the DDP was awarded additional funds to enable DDP to open a new round of funding allocations. In this presentation, attendees will: • See examples of how funding was allocated in the first round. • Hear about various State, County and local incentives for building improvements. • Consider whether their proposed project may fall in line with the priorities in the new round. • Preview the CIP Pre-Application. • Have opportunity to ask questions. NOTE: Meeting may adjourn early; informal discussion may continue beyond 9 a.m. Next scheduled meeting - January 17, 2024

Economic Vitality Committee Meeting December 13, 2023 7:45 a.m. Loft Realty – 146 S. State Street, Dover

Economic Vitality Committee Meeting December 13, 2023 7:45 a.m. Loft Realty – 146 S. State Street, Dover 8:00 Jonathan, Chair Economic Vitality Committee: Welcome Agenda Minutes Public comments Jonathan turn program over to Diane 8:05 Diane Laird: Overview of Master Plan, progress to date, including a touch on Critical Improvements Program 10 mins Mike Glick: Presentation on The Post (redevelopment project) 5 mins Donny Legans: Presentation about Rail Haus 5 mins Rick Ferrell & Tina Bradbury: Value of tiered incentives 5 mins Rick: DDD program - brief presentation and update 5 mins Tina: Kent County, City of Dover and DDP incentives 5 mins 8:45 Diane: Considerations for new round & Pre-application 5 mins 8:50 Diane Q & A 9:00 Adjourn meeting Attendees can linger for discussions after 9 a.m.

Economic Vitality Committee Meeting December 13, 2023 7:45 a.m. Loft Realty – 146 S. State Street, Dover ZOOM LINK: Topic: Critical Improvements Program Information Session Time: Dec 13, 2023 07:45 AM Eastern Time (US and Canada) Join Zoom Meeting https://us06web.zoom.us/j/88460116328?pwd=gLl0bQ6Kdw0UPThM9vVGwv9VgJEqEv.1 Meeting ID: 884 6011 6328 Passcode: 367818 One tap mobile +16465588656,,88460116328#,,,,*367818# US (New York) +16469313860,,88460116328#,,,,*367818# US Dial by your location • +1 646 558 8656 US (New York) • +1 646 931 3860 US • +1 301 715 8592 US (Washington DC) • +1 305 224 1968 US • +1 309 205 3325 US • +1 312 626 6799 US (Chicago) • +1 720 707 2699 US (Denver) • +1 253 205 0468 US • +1 253 215 8782 US (Tacoma) • +1 346 248 7799 US (Houston) • +1 360 209 5623 US • +1 386 347 5053 US • +1 507 473 4847 US • +1 564 217 2000 US • +1 669 444 9171 US • +1 689 278 1000 US • +1 719 359 4580 US Meeting ID: 884 6011 6328 Passcode: 367818 Find your local number: https://us06web.zoom.us/u/kbmvbeNkGb