ROSWELL NEW MEXICO
AGENDA ITEM ABSTRACT
AGENDA ITEM ABSTRACT
17.
Finance Committee
- Meeting Date:
- 04/02/2026
COMMITTEE:
Finance
CONTACT:
Tammi Smith
CHAIR:
Kurt Gass
ACTION REQUESTED:
Consider recommendation of approval of the MainStreet Roswell funding request of $75,000 for Fiscal Year 2027. (Conyers)
BACKGROUND:
Initiated by TJ Conyers
The requested funding will support downtown revitalization efforts and initiatives aimed at enhancing economic development, historic preservation, and community engagement within the MainStreet district.
MainStreet Roswell focuses on strengthening the downtown corridor through business recruitment and retention, support for local entrepreneurs, and the promotion of existing businesses. Key initiatives include beautification and placemaking projects, organization of community events and festivals, marketing and promotion of downtown Roswell, and preservation of historic assets that contribute to the area’s unique character.
Approval of this funding request will allow MainStreet Roswell to continue implementing strategic programs that drive foot traffic, support small business growth, and enhance the overall vitality and attractiveness of downtown Roswell as a destination for residents and visitors alike.
The requested funding will support downtown revitalization efforts and initiatives aimed at enhancing economic development, historic preservation, and community engagement within the MainStreet district.
MainStreet Roswell focuses on strengthening the downtown corridor through business recruitment and retention, support for local entrepreneurs, and the promotion of existing businesses. Key initiatives include beautification and placemaking projects, organization of community events and festivals, marketing and promotion of downtown Roswell, and preservation of historic assets that contribute to the area’s unique character.
Approval of this funding request will allow MainStreet Roswell to continue implementing strategic programs that drive foot traffic, support small business growth, and enhance the overall vitality and attractiveness of downtown Roswell as a destination for residents and visitors alike.
FINANCIAL CONSIDERATION
Financial Impact (Revenue & Expense): Included in the FY27 Proposed Budget
Expense: 11014261-654831 (Public Affairs - Contract-Economic Development Services)
Expense: 11014261-654831 (Public Affairs - Contract-Economic Development Services)
LEGAL REVIEW:
The agreement has no requested changes and will be renewed July 1, 2026
BOARD AND COMMITTEE ACTION:
None
STAFF RECOMMENDATION:
Approve the MainStreet Roswell funding request of $75,000 for Fiscal Year 2027.
Attachments
- FY27 MSR Funding Request
- February 2026 Financial Statements
- Statement of Financial Position
- Statement of Activity