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Title:
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A bill for an ordinance approving an Operating Plan and Budget for 2014 for the Colfax Business Improvement District.
(BUSINESS, WORKFORCE & SUSTAINABILITY) The City Council approves the budget for the upcoming year. The ordinance represents the City’s approval for the expenditures necessary to execute the responsibilities of the district as well as the imposition of a mill levy necessary to generate sufficient revenue to pay the district’s expenses.The Colfax Business Improvement District is located in central Denver from Broadway Avenue to the east alley of Josephine Street - 14th Avenue and from 16th Avenue. The district was created to provide a mechanism to strengthen the business environment of the east Colfax corridor through advertising and promoting of the businesses within the BID boundaries. The District also provides services such as streetscape maintenance and trash receptacles. The District only includes commercial property and funds its operations by imposing a mi...
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