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File #: 18-1235    Version: 1
Type: Bill Status: Passed
File created: 10/22/2018 In control: Business, Arts, Workforce, & Aviation Services Committee
On agenda: 11/19/2018 Final action: 11/19/2018
Title: A bill for an ordinance approving an Amended Budget for 2018 and Operating Plan and Budget for 2019 for the Colfax Business Improvement District. Approves the 2019 Operating Plan and Budget and amends the 2018 Budget for the Colfax Business Improvement District in Council Districts 9 and 10. The Committee approved filing this item at its meeting on 10-31-18.
Attachments: 1. BR18 1235 DOF Colfax BID Request, 2. BR18 1235 DOF Colfax BID SUpporting, 3. 18-1235 Filed Bill_Colfax BID for Amended Budget for 2018 and 2019 Operating Plan, 4. 18-1235 Colfax BID_2019 Operating Plan and Budget, 5. 18-1235 Filed Bill_Cherry Creek North BID for 2019 Operating Plan and Budget.pdf, 6. 18-1235 - signed, 7. 18-1235 Filed Bill for an Ordinance Approving Amended Budget Operating Plan for Colfax Bus Dist
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 10-23-18

Requesting Agency: Finance
Division:

Subject Matter Expert:

Name: Michael Kerrigan - Finance
Email: michael.kerrigan@denvergov.org

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A bill for an ordinance approving an Amended Budget for 2018 and Operating Plan and Budget for 2019 for the Colfax Business Improvement District.
Approves the 2019 Operating Plan and Budget and amends the 2018 Budget for the Colfax Business Improvement District in Council Districts 9 and 10. The Committee approved filing this item at its meeting on 10-31-18.
body

Affected Council District(s) or citywide?

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
Business Improvement Districts (BID's) are organized for the benefit of commercial properties to assist with infrastructure improvements and their maintenance, as well as having the ability to perform marketing and economic development activities. This is the operating plan and budget for Colfax BID and it is submitted annually.

General Description of District and Location: The Colfax Business Improvement District is located in central Denver generally located on Colfax Ave. from Broadway Avenue to the east alley of Josephine Street and from 14th Avenue to 16th Avenue.

The district was created to provide a mechanism to strengthen the business environment of the east Colf...

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