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IACC Presentation

Public participation
by

Charles Marohn

on 6 November 2013

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Transcript of IACC Presentation

Building Value from the Ground Up
How to make high return investments by learning from the public.
Charles L. Marohn, Jr. PE AICP
I always listen to my constituents.
Let's get it moving and have a conversation.
$7,150,000
"The impetus was a state fire marshal demand that the airport improve its water capacity by April 2016."
It will create jobs.
There is a lot of room for development.
It is not going to cost us anything.
If it is for safety, we have to do it.
+
The Project Development Process
A Funded Project
Option 1
Option 2
Option 3
(dumb)
(dumber)
(dumbest)
Round 1
20 Projects, $100 each
Round 2
5 projects, $400 each
Round 3
2 projects, $1,000 each
Round 4
1 project, $4,000
A Better Brainerd Challenge
28 projects
20 leaders
1 new attitude
We are broke....
...we must think differently.
"Cities have the capability of providing something for everybody,
only because, and only when, they are created by everybody."
Jane Jacobs, The Death and Life of Great American Cities
Innovation that happens from
the TOP DOWN tends to be...
ORDERLY but DUMB
Innovation that happens from
the BOTTOM UP tends to be...
CHAOTIC but SMART
$35 million
in subsidies
$15+ Million in investment
50% Increase in rents
25 new businesses
29 property build/renovations
17 blighted properties reclaimed

Low Risk, Low Return
High Risk, High Return
95%
5%
Local Government Growth Portfolio
$5,875
$5,875
$850
$400
$96
$0
$900
$2,750
Full transcript