RiverFirst riverfront parks development proposal implementation plan slideshow, presented by HRA finance consultants and TLS/KVA, September 2011 in Minneapolis.

1. A 21st Century Riverfront Above the Falls September, 2011

2. MR|DI – Enhancing the Minneapolis brand

3. MR|DI – Extending success above the falls 3 Decades of Downtown Investment: 6:1Private/Public Investment

4. MR|DI – Parks framework underpins larger ATF land use update

5. Strategy: Opportunistic vision for next generation public investment; plan for short term success

6. Phase I is critical to success Bring all Minneapolitans to the river Foster advocacy for plan completion Secure media attention Demonstrate ability to complete transactions

7. Watershed/Habitat Corridors Meadow/Emergent Riparian/Upland ECOSYSTEMS

8. Loops MOBILITY NETWORK

9. River Talk INFORMATION/ENERGY NETWORKS x

10. PRIORITY PLAN 2-5 YEARS VISION PLAN 10-20 YEARS PHASING PLANS

11. BNSF Garden Café Bridge Plymouth Knot Bridge TRAILS & BRIDGES

12. Design Team Slides go here BIOHAVENS

13. 26th AVE/FARVIEW EXTENSION

14. Design Team Slides go here 26th AVE/FARVIEW EXTENSION

15. SCHERER PARK DISTRICT

16. Design Team Slides go here SCHERER PARK DISTRICT

17. NORTHSIDE WETLAND PARK

18. Design Team Slides go here NORTHSIDE WETLAND PARK

19. DOWNTOWN GATEWAY PARK

20. Phase I Capital Costs * Excludes easement/land acquisition for trails ** Costs developed by MortensonConstruction

21. Great ideas, great designs, and strong leadership attract capital.

22. Make the first phase real: match third-party sources to priority projects Legacy Amendment Funding Transportation Enhancement Funds Elwell Law EPA Brownfield Funds Private Sponsorships & Philanthropy Other local & federal sources

23. Match third-party sources to appropriate priority projects Legacy Amendment Funding Transportation Enhancement Funds Elwell Law EPA Brownfield Funds Private Sponsorships & Philanthropy Other local & federal sources

24. Typically, a wide range of operations & maintenance sources. General Fund Special Levy BID Charge Food & Beverage Events & Promotions Parking Fees Corporate Sponsorship Real Estate Proceeds Philanthropy 501(c)(3) Private Public Earned Income

25. Securing non-MPRB operating resources will be challenging NOT Downtown NOT affluent neighborhoods NOT a city projected for significant near-term growth LIMITED real estate value creation (total $) LIMITED corporate interest LIMITED philanthropy +

26. MPRB funding will be critical, particularly in early years. General Funds Special Levy Special Assessments Food & Beverage Events & Promotions Parking Fees Corporate Sponsorship Real Estate Proceeds Philanthropy 501(c)(3) Private Public Earned Income

27. Real estate-related sources will most likely provide the greatest magnitude of private funding. General Fund Special Levy Special Assessments Food & Beverage Events & Promotions Parking Fees Corporate Sponsorship Real Estate Proceeds Philanthropy 501(c)(3) Private Public Earned Income

28. Target 2 primary sources: ground lease payments & Housing Improvement Areas / Special Assessment Districts Low-Rise Residential Owner-Operator Sources: Bay Area Economics; site appraisals

29. Stormwater management fee savings may be repurposed for parkland O&M. General Fund Special Levy Special Assessments Food & Beverage Events & Promotions Parking Fees Corporate Sponsorship Real Estate Proceeds Philanthropy 501(c)(3) Private Public Earned Income

30. Recapture existing stormwater management fees Impervious Lot Area Stormwater Fee E.S.U. = X Impervious Lot Area Reduction E.S.U. Additional Stormwater Cleaning $$$ Available for Park O&M + = X

31. Other sources should continually be pursued by park stewards. General Fund Special Levy Special Assessments Food & Beverage Events & Promotions Parking Fees Corporate Sponsorship Real Estate Proceeds Philanthropy 501(c)(3) Private Public Earned Income

32. Implementation and governance must be coordinated by multiple parties.

33. A 21st Century Riverfront Above the Falls September, 2011