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File #: 19-1102    Version: 1
Type: Bill Status: Passed
File created: 10/11/2019 In control: Finance & Governance Committee
On agenda: 11/18/2019 Final action: 11/18/2019
Title: A bill for an ordinance amending Ordinance No. 0341, Series of 2016, which created the Five Points Business Improvement District, to increase the number of members of the Board of Directors to be appointed and to increase the number of Board Members required for a quorum. Amends Ordinance No. 0341, Series of 2016, which created the Five Points Business Improvement District, to increase the number of members of the Board of Directors to be appointed from five to seven and to change the number of Board Members required for a quorum. The Committee approved filing this item at its meeting on 10-22-19.
Indexes: Jonathan Griffin
Attachments: 1. BR19 1102 DOF Five Points BID Board of Directors increase, 2. 2020 District Budget Presention- FINGOV Commitee 10-22-19 (updated 10-17-19), 3. 19-1102 Filed Bill_Amendment to Five Points BID Creation Ordinance 2019-10-03, 4. 19-1102 Filed Bill_Amendment to Five Points BID Creation Ordinance 2019-10-03, 5. 19-1102 - signed, 6. 19-1102 A bill for an ordinance amending Ordinance No. 0341, Series of 2016, which created the Five Points Business Improvement Distric
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 10-11-19

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

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 amending Ordinance No. 0341, Series of 2016, which created the Five Points Business Improvement District, to increase the number of members of the Board of Directors to be appointed and to increase the number of Board Members required for a quorum.
Amends Ordinance No. 0341, Series of 2016, which created the Five Points Business Improvement District, to increase the number of members of the Board of Directors to be appointed from five to seven and to change the number of Board Members required for a quorum. The Committee approved filing this item at its meeting on 10-22-19.
body

Affected Council District(s) or citywide? Council District 9

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
EXECUTIVE SUMMARY

Background: 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. The BID is managed by a board of directors made up of electors from...

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