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File #: 21-1283    Version: 1
Type: Bill Status: Passed
File created: 10/22/2021 In control: Business, Arts, Workforce, & Aviation Services Committee
On agenda: 11/22/2021 Final action: 11/22/2021
Title: A bill for an ordinance approving a 2022 Operating Plan and Budget and Amending the 2021 Budget for the Five Points Business Improvement District. Approves the 2022 Operating Plan and Budget and amends the 2021 Budget for the Five Points Business Improvement District in Council District 9. The Committee approved filing this item at its meeting on 11-3-21.
Indexes: Zach Rothmier
Attachments: 1. BR21 1283 DOF Five Points BID 2022 OPB Request, 2. BR21 1283 DOF Five Points BID 2022 OPB Plan, 3. BID and GID 1 Pager, 4. 21-1283 Filed Bill_Five Points BID for Amended Budget for 2021 and an Operating Plan and Budget for 2022 - BTN Updated 2021-11-02, 5. 21-1283 2022 Five Points BID Operating Plan and Budget, 6. 21-1283 Filed Bill_Five Points BID for Amended Budget for 2021 and an Operating Plan and Budget for 2022 - BTN, 7. 21-1283 - signed, 8. 21-1283 For an ordinance approving a 2022 Operating Plan and Budget and Amending
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 10-22-21

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 a 2022 Operating Plan and Budget and Amending the 2021 Budget for the Five Points Business Improvement District.
Approves the 2022 Operating Plan and Budget and amends the 2021 Budget for the Five Points Business Improvement District in Council District 9. The Committee approved filing this item at its meeting on 11-3-21.
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 Street corridor. The District area generally encompasses the commercial property on Welton Street, beginning at the north si...

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