29 years of reinvesting in our downtown

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Presentation transcript:

29 years of reinvesting in our downtown Mineola Main Street 29 years of reinvesting in our downtown

“Collecting reinvestments is a very important part of showing that the local Main Street revitalization effort provides a return on investment for the public tax dollars used to support it, Debra Drescher, State Coordinator Texas Main Street Program, Community Heritage Development Division

And to show that the effort is an economic development program creating impact.”

REINVESTMENTS FROM 1989 through 2nd Quarter 2018 Through June this year Private reinvestment averages more than $656,000 annually Total 164 net new businesses 409 jobs created Total Public & Private Reinvestment Combined = $32,179,504 Source: Texas Historic Commission Community Heritage Development Division

More Mineola Main Street Impact Plus, 53,317 volunteer hours contributed & reported The national standard dollar value on volunteer time is $24.15 Equals over $1.3 million This is the amount the city saves because it leverages and expands staff time

Volunteers make the world (and trains) go round.

3rd Quarter 2018 Reinvestments July, August & September Private Sector reinvestments = $144,300 Public-Private Joint Ventures = $31,853 Net GAIN in business starts, expansions, relocations for quarter – 2 Volunteer hours contributed approximately 1,567 TOTAL Cumulative Reinvestments Through 3rd Quarter 2018 = $32,323,804

Current Preparations by Main Street, Landmark Commission & Museum Board Christmas Season And Beyond Christmas Tour of Homes Carriage Rides Downtown Window Decorating Holiday Farmers Market Bazaars Fence Section & Merchandise Sales Train Track Construction Baked Potato Fundraiser Wine Train

The 30-Year Anniversary of Mineola Main Street Will Be Next Year Watch for news about our celebration

Thank You To our Mayor, City Council and all Past Mayors and Councils for your support of this program & our town.