Title
A Resolution Appointing Five Members to the Briargate Center Business Improvement District Board of Directors
Presenter:
Peter Wysocki, Director of Planning and Community Development
Carl Schueler, Comprehensive Planning Manager
Body
Summary:
The Briargate Center Business Improvement District encompasses the shopping center commonly referred to as The Shops At Briargate. This is a request for interim appointment five members of the Board of Directors (the "BOD") of the Briargate Center Business Improvement District (the "BID"). It addresses a temporary vacation of the entire BOD resulting from the sale of the property to a different ownership group. The recommended individuals are Chris Crawford, Jay Despard, Kate Oswald, Eric Weisenstein and Madison Wilsmann. Each of these individuals is associated with the new ownership group to for the property, HGIT Briargate LLC. The appointments would be effective until the next regular special district election to be held in May 2020.
There is an importance to expeditiously appointing a new board because of budgeting and mill levy certification actions that need to occur prior to yearend. "Back to back" Council action on this resolution had been proposed (introduction at this November 25, 2019 Work Session followed by City Council action on November 26, 2019). However, with the cancellation of the November 26th Council hearing, this item is now being heard on this date.
Because the original 2002 ordinance creating this BID did not directly contemplate board appointment process, (versus an elections process), staff and this BID are also proposing a later follow-up amendment of that ordinance in order to clarify this authority.
Background:
BIDs are created under Colorado Statute and City Policy to finance and/or maintain certain public improvements in non-residential areas, utilizing a property tax mill levy as the revenue source. BIDs are a separate legal entity from the City, but their budget...
Click here for full text