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File #: 20-1271    Version: 1
Type: Bill Status: Passed
File created: 11/1/2020 In control: Finance & Governance Committee
On agenda: 11/30/2020 Final action: 11/30/2020
Title: A bill for an ordinance approving an Amended Budget for 2020 and an Operating Plan and Budget for 2021 for the Five Points Business Improvement District. Approves the 2021 Operating Plan and Budget and amending the 2020 Budget for the Five Points Business Improvement District in Council District 9. The Committee approved filing this item at its meeting on 11-10-20.
Indexes: Zach Rothmier
Attachments: 1. BR20 1271 DOF Five Points BID 2021 OPB, 2. BR20 1271 DOF Five Points BID 2021 OPB, 3. 20-1271 Filed Bill_Five Points BID for 2020 Operating Plan and Budget, 4. 20-1271 2021 Operating Plan and Budget Final Submittal Five Points BID v3, 5. 20-1271 Filed Bill_Five Points BID for 2020 Operating Plan and Budget, 6. 20-1271 - signed, 7. 20-1271 A bill for an ordinance approving an Amended Budget for 2020 and an Operating Plan and Budget for 2021 for the Five Points Business Improvement District
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 11-01-20

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 approving an Amended Budget for 2020 and an Operating Plan and Budget for 2021 for the Five Points Business Improvement District.
Approves the 2021 Operating Plan and Budget and amending the 2020 Budget for the Five Points Business Improvement District in Council District 9. The Committee approved filing this item at its meeting on 11-10-20.
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.
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 (the "District ") and it is submitted annually.


General Description of District and Location: The District covers approximately 42 acres along the Welton corridor. The District area generally encompasses the commercial property on Welton Street, beginning at the north ...

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