Title
Ordinance No. 17-103 excluding certain property from the Interquest South Business Improvement District. (Legislative Item)
(Legislative)
Presenter:
Conrad Olmedo, Comprehensive Planner II, Planning & Community Development
Carl Schueler, Comprehensive Planning Manager, Planning & Community Development
Body
Summary:
This is a request for approval of an ordinance to exclude one parcel totaling approximately 2.81 acres from the boundaries of the Interquest South Business Improvement District (the "District"), Lot 1, Interquest Filing No. 7. The City received a Petition to exclude Property executed by the owner. The applicant justification for exclusion is that the property is not reasonably serviced by the District.
This item is related to the following two agenda items which pertain to an authorization of debt by this District and organization of a new BID, which will include this excluded property.
This item will be presented for action at the October 24th, 2017 City Council meeting.
Previous Council Action:
The BID with its initial operating plan and budget were established by Ordinance 04-238 that was adopted by Council on October 26, 2004. In 2009, City Council approved Ordinance 09-21 to include additional property into this BID. On September 22, 2015, Council approved a resolution temporarily appointing two members to the BID board (Resolution 93-15). On this same date, City Council approved Ordinance 15-71 in order to authorize special appointment process. On May 9, 2017 City Council approved a resolution appointing additional members to the Board of Directors (Resolution 54-17). The BID's Operating Plan has been approved annually since that time in accordance with CRS Section 31-25-1211, and most recently in October 2016. Council has not approved issuance of any debt by this BID.
On October 9, 2017, this Ordinance was introduced to City Council during the Work Session.
Background:
BIDs are created under Colorado Statute and C...
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