During the meeting, the board considered a tax incentive scheme to encourage business owners to invest in downtown Rochester. The proposed 2% property tax credit is designed to make the area more appealing to both new and existing businesses.

In addition to tax incentives, the board also examined strategies to improve infrastructure and public amenities. There was a focus on enhancing transportation options and pedestrian access to support the anticipated influx of business activity. The board discussed the need for collaboration with local transportation agencies to ensure that these improvements align with the city’s broader development plans.

Another topic of interest was the potential for increased community engagement in development projects. Some members emphasized the importance of involving local residents in planning processes to ensure that development aligns with community needs and expectations. This approach is seen as vital for fostering a sense of ownership and support for revitalization efforts.