2009-2010 Economic Impact Report for Main Street Momence, an Illinois preservation and community development non-profit program

1. Community & Economic Impact Report MAIN STREET MOMENCE

2. MSM Mission To preserve & promote the historic, cultural, social & economic vitality of downtown Momence and to foster a spirit of community teamwork that will result in a vibrant & inviting downtown district. Main Street Momence is a volunteer driven, downtown preservation-based, economic development program.

4. Grants Awarded to MSM 2007 $1,000 Kankakee Kultivators Grant 2009 $99,000 USDA Rural Development Grant 2006 $750 Kankakee Kultivators Grant 2007 $1,000 Kankakee Community Foundation Grant 2007 $4,000 ComEd Transformation Grant 2007 & 2009 $1,000 Wal-Mart Community Grant 2006 $500 IMS Technology Grant Year Amount

6. Façade Grant Recipient Breakdown Painting, window replacement, door refinishing Zeglis Building Signage, façade work Johnny Angels Replace lintel, extensive brick repair and replacement, replace window sills Travis & Christine Griggs Prepare, tuck point brick, replace brick Scott Billadeau Prepare and tuck point west stage house Momence Theatre Friends Prepare and tuck point building Jane Johnson/Jensen Drug Store Prepare, tuck point and paint building Steve & Celeste Puglise Replace storefront window Jane Johnson/Daylight Corner bldg. Painting façade, new awning & sign John Valaveris/Yanni’s Cleaning, tuck point brick, caulk windows Momence Theatre Friends Awnings & signage Pat Zugg Signage Hong Chen (China Wok) Repair brick, tuck point, wood repair, paint Bailey Brothers Removal of false front, tuck pointing, repairs and paint Mick & Nancy Porter Awnings Fox Power Equipment Restoration of 2 nd story windows Jane Johnson/Jensen Drug Store Signage & lighting Dance in the Light PROJECT RECIPIENT

7. Façade Grant Before & After

8. IHPA Design Assistance $10,000 $2,000 5 Public Design Trainings $15,500 $500 31 Site Visits $68,000 TOTAL VALUE OF IHPA DESIGN ASSISTANCE TO CITY OF MOMENCE $30,000 $1,000 30 Technical Reports $12,500 $500 25 Design Renderings TOTAL VALUE VALUE/PER NUMBER SERVICE

9. Sample IHPA Design Rendering

10. Value of Special Events *Economic Impact = Total Spending x City Multiplier (Kankakee Co. is 1.5). Source: Kankakee County Convention & Visitors Bureau. $122,250/year TOTAL ECONOMIC IMPACT OF MSM EVENTS $15,000 $10,000 $10 1,000 Bordertown Hauntings $13,500 $9,000 $10 900/summer Cruise Nights $56,250 $37,500 $25 1,500 Dixie Daze $37,500 $25,000 $25 1,000 Christmas Gathering ECONOMIC IMPACT* TOTAL SPENDING $ SPENT/ PERSON ATTENDANCE EVENT

11. “ As a downtown business and building owner, I appreciate the efforts that Momence Main Street has made to help maintain downtown Momence. Main Street hosts a number of functions typically organized by a city or park district, including Cruise Nights, Dixie Days and the Christmas Gathering. “ With a large number of hard-working volunteers, Main Street is able to sponsor these events at negligible cost to the city and for a great benefit to the downtown property and business owners.” - Ray Simpson, downtown building and business owner

15. “ As a new business owner, the Main Street executive director and staff proved to be invaluable resources when starting up my business. When we purchased the business, Jack Dorn sent me to Main Street, and I am glad he did. They helped me find an architect, which moved my project along. We also received a facade grant and took advantage of their new low-interest loan program.” - Mike Caspers, Johnny Angels Restaurant

16. “ Main Street Momence had laid much of the groundwork necessary to be considered for the U.S. Rural Development Grant. Their investment in the Greenburg Development Study and their pursuit of a National Register of Historic Places designation placed them in serious contention for this competitive funding. “ One of Kankakee County’s most active, engaged and effective non-profit organizations, Main Street Momence is a vital partner in the regional economic development landscape.” -Mike Van Mill, Economic Alliance of Kankakee County

18. Volunteer Hours (2005-09)