Grant helps fund expansion of Faribault’s historic downtown 27 Apr 12

The City of Faribault’s historic downtown is on the verge of expansion thanks to a recent grant.

The city has accepted a $7,000 grant through the Minnesota Historical Society. The total anticipated cost of the proposed expansion is $10,000.

Community Development Coordinator Kim Clausen told the Faribault Daily News a consultant will be hired to research, document and map historic buildings and areas.

The city will then apply for the expansion through several state channels and the National Park Service. The designation of additional buildings into the “Downtown Historical District” would provide opportunities for property owners to pursue grants, tax provisions, and access to other funding streams.

Faribault staff will learn in mid-May whether they can secure an additional matching grant to fill in the remaining $3,000 for the project.