Agenda Date: 10/15/2019
Subject:
Title
Resolution 53-2019: Approving the 2020 Operating Plan and Budget for the Highline Business Improvement District
Body
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Prepared by: |
Becky Phye, Executive Assistant |
PURPOSE:
The Business Improvement District Act, Section 31-25-1201, et seq., C.R.S. requires that the Highline Business Improvement District submit an annual Operating Plan and Budget for the coming year for city council approval.
PRESENTATIONS:
Staff Presenter(s): Mark Relph, City Manager
Additional Presenter(s):
SUMMARY:
The Highline Business Improvement District (“District”) was organized to provide financing for public improvements and services needed within the area commonly known as the Ridge at SouthPark. The district was organized pursuant to the Business Improvement District Act (“Act”), Section 31-25-1201, et seq., C.R.S., by Ordinance No. 25, Series of 1998, passed by city council on August 18, 1998. The act requires that the district submit an annual Operating Plan and Budget for the coming budget year for approval by city council.
PRIOR ACTIONS OR DISCUSSIONS:
The 2019 Operating Plan and Budget was approved by city council on October 16, 2018.
ANALYSIS:
Staff Analysis
There has been no change in the district boundaries since it was organized, and none is contemplated for 2020. All capital improvements for which the district was organized have been completed and are in service. No additional improvements are planned for 2020.
Council Goal, Objective, and/or Guiding Principle
Engaged. Littleton will remain engaged and civic minded in all matters affecting the direction and priorities of city government and the community.
Fiscal Impacts
N/A
Alternatives
N/A
STAFF RECOMMENDATION:
Staff recommends approval of the resolution.
PROPOSED MOTION:
Proposed Motion
I move to approve the resolution approving the 2020 Operating Plan and Budget for the Highline Business Improvement District.