Page 143 - CityofMansfieldFY23Budget

N O R T H
Goal #3 ● ● ● ● ●

To increase the economic vitality of the area through hosting and/attending stakeholder meetings, reducing downtown vacancies, and
managing Tax Increment Reinvestment Zone #2 agreements.

Objectives
1. Coordinate with the Department of Regulatory Compliance to education and gain compliance with the Vacant Building Ordinance.
2. Support and recruit new, incoming, and existing merchants in the district.
3. Research, advise, and make recommendations on applications received for the Restaurant Recruitment Grant Program to incentivize
new dining opportunities.

Actual Actual Budget Budget
Performance Measures 2019-2020 2020-2021 2021-2022 2022-2023
Vacancy Rate in Downtown District - - - -
Full-Service Restaurant 10 min Opportunity Gap - -22,000 -20,000 -10,000
Limited-Service Eating Place 10 min Opportunity Gap - -58,000 -55,000 -40,000
Population within 20 min walk - 5,240 5,615 6,615
Restaurant Recruitment Grant funds awarded - - - 50,000
Number of Businesses within 20 min Walk - 230 235 240

Historic Downtown Actual Actual Budget Budget % Change
Summary 2019-2020 2020-2021 2021-2022 2022-2023 2022-2023
Personnel Services $ - $ - $ - $ -
Operations - 29,354 66,985 30,485 -54.49%
Total $ - $ 29,354 $ 66,985 $ 30,485 -54.49%

Contact: Nicolette Allen, 817-276-4264

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