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File #: 22-1422    Version: 1
Type: Bill Status: Passed
File created: 10/27/2022 In control: Business, Arts, Workforce, Climate & Aviation Services Committee
On agenda: 11/28/2022 Final action: 11/28/2022
Title: A bill for an ordinance approving a 2023 Operating Plan and Budget for the RiNo Business Improvement District. Approves the 2023 Operating Plan and Budget for the RiNo Business Improvement District in Council District 9. The Committee approved filing this item at its meeting on 11-9-2022.
Indexes: Mar'quasa Maes
Attachments: 1. BR22-1422_DOF- RiNo BID 2023 OP&B Ordinance Request, 2. BR22-1422_DOF_RiNoBID2023Budget_FINAL v3, 3. 22-1422 Filed Bill_RiNo BID for 2023 Operating Plan and Budget - BTN 2022-10-13, 4. 22-1422 Filed Bill_RiNo BID for 2023 Operating Plan and Budget - BTN 2022-10-13, 5. 22-1422 - signed, 6. 22-1422 For an ordinance approving a 2023 Operating Plan and Budget for the RiNo
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 11-07-2022

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Michael Kerrigan
Email Address: Michael.kerrigan@denvergov.org
Phone Number:

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 2023 Operating Plan and Budget for the RiNo Business Improvement District.
Approves the 2023 Operating Plan and Budget for the RiNo Business Improvement District in Council District 9. The Committee approved filing this item at its meeting on 11-9-2022.
body

Affected Council District(s) or citywide? 9

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

State statute requires that City Council approves or disapproves the BID budget for the upcoming year. The ordinance represents the City's approval for the expenditures and revenues necessary to execute the responsibilities of the District.

EXECUTIVE SUMMARY

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 RiNo BID (the "District") and it is submitted annually.


General Description of District and Location: The District covers approximately 425 acres around the Brighton Blvd. Corridor. General...

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