Title:
Ordinance No. 19-70 including certain property into the USAFA Visitor's Center Business Improvement District.
(Legislative)
Presenter:
Carl Schueler, Comprehensive Planning Manager, Planning & Community Development
Body
SUMMARY:
This is a request for approval of an ordinance to include approximately 36.10 acres of property from the boundaries of the USAFA Visitor's Center Business Improvement District (the "BID"). The property is being included because it was intended from the outset represent the ultimate boundaries this BID following annexation of the properties ultimately intended for inclusion. These annexations have now occurred. State Statute (Section 31-25-1220, C.R.S.) requires that any inclusions of property from BIDs be approved by the City, by ordinance. In accordance with the statutory section cited above, the petition for inclusion has been verified and arrangements made with the City for legal publication.
This and the preceding agenda item (BID exclusions) will presented together with a combined PowerPoint.
This agenda item was introduced at a Council Work Session on October 7, 2019, and approved on first reading on October 8, 2019. At the October 7th and 8th meetings updated drafts of this ordinance were distributed with revised language addressing the sequencing and timing of execution of the inclusions and exclusion, as well as a change in the newspaper used for publication of legal notice. The ordinance attached with this agenda includes these updated documents as presented.
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 budgets and operating plans must be approved annually by the City.
This BID has not been fully active, pending completion of annexation of the USAFA Visitors Center project property ...
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