Technical Project Systems, LLC invites thePlankinton Community Development Companyto participate in aPUBLIC DISCUSSIONof aPlankinton Economic Enhancement Plan November 17, 2004Plankinton, South Dakota: Technical Project Systems, LLC invites the Plankinton Community Development Company to participate in a PUBLIC DISCUSSION of a Plankinton Economic Enhancement Plan November 17, 2004 Plankinton, South Dakota
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Slide3: The Corn Palace in Mitchell is a well-known and successful example of how imagery is used for municipal marketing.
Slide4: The Plankinton Economic Enhancement Plan proposes learning from Mitchell’s example in establishing this historic railroad image.
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Discussion Overview
Why is the Enhancement Plan Needed?
What are the Proposals of the Plan?
How would the Project Plan Proceed?
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan
Why is the Enhancement Plan Needed?
Slide7: Taxable revenue has dropped, and concurrently many buildings in the Business District are unoccupied or have been demolished.
Slide8: Aurora County population has dropped precipitously in the last 40 years. Plankinton serves as the seat of county government.
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Plankinton School Average Class Size
1980 – Average class size 25 to 30 students
Today – Average class size 15.1 students
Slide10: The Enhancement Plan targets the growing, state-supported tourist industry to invigorate and diversify Plankinton’s economy.
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan
What are the Proposals of the Plan?
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan An Important and Exciting Project for the Entire Community
Plankinton Preservation Society, Inc.
Plankinton Community Development Company
City of Plankinton
Groups and businesses like Aurora County Historical Society, VFW, and Technical Project Systems, LLC
A new park planning advisory committee
Varied opportunities for volunteers and train enthusiasts
Slide13: The Plankinton Economic Plan places a historical tourist attraction immediately adjacent to the Plankinton Business District.
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Benefits of Economic Enhancement Plan
Integrated design for maximum effect: Main Street proximity, Hotel, caboose, track, sunlight, views
Potential development as a historical rail museum, hunting info center, rest stop, business center
Self-marketing design in zero budget environment of advertising and operating funding
Local business opportunities throughout project
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Sweep Hotel Project Task Ranking
Site preparation and foundation – Summer 2005
Move, roof, and visitor park plan – Summer 2005
Exterior, caboose, and park layout – Summer 2006
Interior renovation of right (museum) side of Hotel and utility systems
Interior renovation of left (residence) side of Hotel and utility systems
Slide16: East view from the railroad site. Easy-to-locate tract is an ideal spot for a visitor park with an improved veterans memorial.
Slide17: A well-located visitor park will be a tremendous community asset lying directly between the new school and downtown.
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan
How would the Project Plan Proceed?
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Plankinton Preservation Society Role
Endorse participation in the community project and work with the Development Company and City of Plankinton in presenting the proposal to the State
Work with Development Company to plan details of site acquisition and matching grant contribution
Hold regular community reviews to solicit input and demonstrate federal grant money is being invested in the best interests of the Plankinton community
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Funding the Acquisition of Site Rights
$50,000 investment to remove grain bins and release lease – based upon recent similar sale of facilities
Funding plan presented to Development Company with pledges conditional on federal tax deductibility and state approvals for the project plan
Development Company establish parallel 501c(3) charitable corporation to accept deductible donations
Work with Preservation Society to make $40,000 (or more) of investment apply to required $90,000 grant match
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Proposed Site Acquisition Funding
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Plankinton Development Company Role
Endorse participation in the community project
Determine what post-lease acquisition process would be involved with the state railroad office
Enter into agreement with grain company contingent upon state approvals for the project
Determine steps of the lease or land transfer process with the Preservation Society and City
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan City Planning Benefits of Economic Plan
Site cleanup and filling Main Street void
Portray a positive and memorable image of Plankinton to frequent or random visitors
Honor heritage as a railroad town and serve as a source of community pride
Tie-in to Main Street project - 2006 celebration
Visitor park with ice skating rink possibilities
Slide24: Angled parking spaces are designed for easy visitor access and serve to direct automobile traffic further down Main Street.
Slide25: A wider design width for the new Main Street between Commerce and Pennington is important for angled parking and visitor access.
Slide26: Relocation of the transformer stand and easement improvements are proposed in the creation of a a quality tourist attraction.
Slide27: The cement slabs remaining from the removed grain sheds can be incorporated into a new Memorial Park and recreation area.
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan City of Plankinton Role
Endorse participation in the community project
Manage pass through of grant monies to project
Engage in the project planning process to design and prepare the site easement and boundaries (street project, power poles, utilities, Commerce Street) suitable for a quality tourist attraction
Appoint citizens to a park planning advisory committee for locating grants and designing park
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Discussion Overview
Why is the Enhancement Plan Needed?
What are the Proposals of the Plan?
How would the Project Plan Proceed?
Plankinton Economic Enhancement Plan : Plankinton Economic Enhancement Plan Governor Mike Rounds
From 2010 Initiative Address at Mount Rushmore National Memorial October 15, 2003
Our small towns must choose to exist… The state won’t dictate to our small towns how to ensure prosperity, but we’ll give support and backing to their ideas, and help to make their communities viable into the future.
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