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File #: 18-1243    Version: 1
Type: Bill Status: Passed
File created: 10/22/2018 In control: Business, Arts, Workforce, Climate & 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 an Operating Plan and Budget for 2019 for the Five Points Business Improvement District. Approves the 2019 Operating Plan and Budget and amends the 2018 Budget for the Five Points Business Improvement District in Council District 9. The Committee approved filing this item at its meeting on 10-31-18.
Indexes: Jonathan Griffin
Attachments: 1. BR18 1243 Five Points BID 2019 OPB Plan and Budget, 2. BR18 1243 Five Points BID 2019 OPB Request, 3. 18-1243 Filed Bill_Five Points BID for 2019 Operating Plan and Budget, 4. 18-1243 Five Points BID_2019 Operating Plan and Budget, 5. 18-1243_Filed Bill_Five Points BID for 2019 Operating Plan and Budget.pdf, 6. 18-1243 - signed, 7. 18-1243 filed bill for an ordinance approving operating plan and budget for five points bus improve 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 an Operating Plan and Budget for 2019 for the Five Points Business Improvement District.
Approves the 2019 Operating Plan and Budget and amends the 2018 Budget for the Five Points Business Improvement District in Council District 9. 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 the Five Points BID and it is submitted annually.


General Description of District and Location: The Five Points BID covers approximately 42 acres along the Welton corridor. The BID area generally encompasses the commercial property on Welton Street, beginning at the north side of 20th Street going northeast along Welton Street terminating at Downing Street and 30th Avenue. Additiona...

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