Skip to main content
File #: Resolution 98-2025    Name:
Type: Resolution Status: Consent Agenda
File created: 9/22/2025 In control: City Council
On agenda: 10/21/2025 Final action:
Title: Resolution 98-2025: Approving the 2026 Operating Plan and Budget for Mineral Business Improvement District
Attachments: 1. 1. Resolution No. 98-2025, 2. 2. 2026 Mineral BID Operating Plan and Budget
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.
Agenda Date: 10/21/2025

Subject:
Title
Resolution 98-2025: Approving the 2026 Operating Plan and Budget for Mineral Business Improvement District
Body

From:
James L. Becklenberg, City Manager
Prepared by:
Lucy Lucero, Executive Assistant
Presentations:
N/A

PURPOSE:
The Business Improvement District Act, Section 31-25-1201, et seq, C.R.S. requires that Mineral Business Improvement District submit an annual Operating Plan and Budget for the coming year for city council approval.

LONG-TERM OUTCOME(S) SERVED:
High-Quality Governance

DISCUSSION:
The Business Improvement District Act ("Act") requires that the District submit an annual operating plan and budget for the next fiscal year by September 30 of each year for approval by city council. The District will be primarily concerned with the provision of the significant amount of public improvements and services required within the boundaries of the District consistent with the approved development and land use plans for the property within the District. However, there may be instances where the District will provide public improvements or services outside of the boundaries of the District as may be required for development of the project. The District shall have the authority to provide these improvements and services, but the revenue-raising power of the District to recoup the costs of extraterritorial improvements and services shall be as limited by state law.

The public improvements that the District anticipates it will construct, install or cause to be constructed and installed, include those public improvements the costs of which may, in accordance with the Act, Section 31-25-1201, et seq., C.R.S., lawfully be paid for by the District, including, without limitation, water improvements, safety protection devices, sanitation improvements, marketing, streetscape improvements, street improvements, curbs, gutters, culverts, drainage facilities, sidewalks, parking facilities, paving, lighting, grading, securit...

Click here for full text