The items were approved to be part of the planned Festival Marketplace Plaza, which will also hold the bronze "Kentucky Daisy: Leaping into History" sculpture.
"We wanted a visible spot where families would go," Centennial Committee member KayDell Story told the board.
Story and committee member Dan O'Neil said the dark red commemorative bricks will be purchased from Acme Brick for $15 each. Members hope the brick purchase will initially be funded by the city.
The personalized bricks -- etched with up to three lines of print -- then will be sold to individuals or businesses at a price-yet to be determined, with the money going back to the city. Any excess could be funneled to other Centennial projects.
"We want to make the bricks affordable but we also want to make money to perhaps fund another Centennial project," Story said.
Centennial Committee member Dan O'Neil explained his hopes for a 3- to 4-cubic-foot time capsule to be buried in the Festival Marketplace Plaza.
"We would want to include something from each decade of the past 100 years to be opened in maybe 50 years," O'Neil said.
Chairman David Payne said the development board supported both projects, which have been approved by City Council.
"We're excited about anything we can do downtown to celebrate the Centennial. We think it will be a long-term improvement," Payne said.
Public Works Director Clay Coldiron said the project is preliminary and will need to go to the plaza's designer -- the Benham Group.
Next, the board turned to budget concerns.
Coldiron informed the group that money from a 2000 tax allocation was almost gone.
Things like phase three of the Streetscape and parking north of Festival Marketplace are funded. Future projects, such as a $750,000 pedestrian bridge from Festival Marketplace, would need to be funded in other ways, Coldiron said.
Payne said that would be part of the board's mission: to redraw its five-year plan and figure out ways to pay for a wish-list of future projects.
