1. DPDA Annual Report 2016

2. Thanks to City of Pasco 2016 DPDA Investment: Downtown Investments
$90,000 in Operating Funds
$55,000 in Block Grant Funding
Downtown Investments
New Sidewalk Panels
New trees
Christmas Decorations and new wiring in Peanuts Plaza
Continued Support
Food Truck Friday Logistics
Building Maintenance
DPDA Offices & PSK Facility

3. Financials DPDA Revenue: $237,555.75 DPDA Expenses: $263,397.51
DPDA Net Revenue ($25,841.76)
Highlights include:
2016 Sponsorships at $43K
Repayments made of all debts owing in 2015 (~$120k)
Growth of Mobile Vending income
Farmer’s Market revenues dropped by over 19% due to new market competition in West Pasco

4. Strategic Work Plan Update
We are 2.5 years through our 5 year plan
Completed Activities as of 2016
Completed Before 2016
Internet & Social Media Presence
Downtown Pasco Calendar
Downtown Wi-Fi
Downtown Customer Survey
Main Street Accreditation
Completed in 2016
Restaurant Recruitment
Add 3rd-4th Annual DT Event
DPDA Year 3-5 Operating Budget
Sponsor/Rewards Program
Downtown Customer Survey 2.0

5. 2016 Events Christmas en la Plaza
10,000+ Attendees, $38K Raised, Added One new event

6. Downtown Business Activity
Five new businesses Opened/Opening:
ViVe Re—Upscale Women’s Clothing Store
El Caballero—Western Wear Store (and headquarters)
Galaxy Boutique—Discount Fashion Store (similar to TJ Maxx)
Amigo Cell Phone Repair
TokioMex—Sushi and Teriyaki Restaurant (Coming SOON!!)
Two Businesses Closed
Beeler Law—Owner Deceased
Don Antonio’s Restaurant—Business Plan Failure
Attempted to support by hosting Pasco SOUP event there

7. Pasco Specialty Kitchen
Overall Revenue:
$51,599 in 2016 vs. $36,751 in 2015, or 28% Growth *
Kitchen Revenue
2016: $34,124
2015: $36,751
Mobile Vendor Revenues (including Sponsorships)
2016: $17,475
2015: Not Separated out*
* 2015 Data is not 100% reliable due to
embezzlement

8. Food Truck Friday & Mobile Vending University
Continued hosting Food Truck Friday for 2016 Season
Program Successes to date:
$180,000 in Vendor Revenue
15 Jobs Created
50,000+ customers served
Generated over $15,000 in DPDA Revenue in 2016

9. Pasco Farmers Market Retirement of Mike Somerville Hired Damien Davis
Income Breakdown:
Overall Revenue: $24,800 in 2016 vs. $30,710 in 2015
Saturday Market Average: 32 Vendors, $ revenue
Wednesday Market Average: 11 Vendors, $ Revenue
Lead Washington in providing access to fresh, local foods to low income families (on per capita basis)
Successful Kid’s Day at the Market

10. Questions?