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Resolution 2025-76
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Resolution 2025-76
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Last modified
10/9/2025 12:53:29 PM
Creation date
10/9/2025 12:45:23 PM
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City Council Records
Also Known As (aka)
Proposed 2025 Amended and 2026 Operating Plan and Budget of the Main Street Louisville Business Improvement District
Meeting Date
10/7/2025
Doc Type
Resolution
Signed Date
10/7/2025
Ord/Res - Year
2025
Ord/Res - Number
76
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sharing; however, the agreement has not advanced out of the conceptual stage. <br />The BID does not have the authority to levy assessments or taxes. <br />ESTIMATED PRINCIPAL AMOUNT OF BONDS TO BE ISSUED BY THE <br />DISTRICT. <br />Zero. <br />OTHER INFORMATION. <br />The BID is aware of the City's potential interest in using it for implementation of the <br />Downtown Louisville Parking & Pedestrian Action Plan and other Downtown programs, and <br />looks forward to working with the City on them if resources allow. <br />During the course of 2023 and 2024, the LRC expressed interest through its Work <br />Plan in working with the BID on projects of mutual interest, but this interest has not <br />advanced. <br />ADDITIONAL INFORMATION: CITY OVERSIGHT OF DISTRICT ACTIVITIES <br />The following is a brief report of BID activities for the past year: <br />1. District Name: Main Street Louisville Business Improvement District. <br />2. District Contact Person, address, telephone number, email address: <br />Norman F. (Rick) Kron, Jr., attorney in fact for the District, (volunteer, retired, inactive, <br />affiliated with Spencer Fane LLP), 746 W. Fir Ct., Louisville, CO, 80027. Telephone (720) <br />480-5831 (leaving a message is recommended), email: rickkronco@gmail.com. <br />3. Board of Director names, addresses, telephone numbers, fax numbers where <br />applicable: Please see the text above, and Exhibit 3. <br />4. District Map: Please see Exhibit 1. <br />5. Current Budget: Please see Exhibit 2, (all zeros for 2025 year-to-date). The <br />2025 Amended Budget and the 2026 Projected Budget are in Exhibit 2. <br />6. Most Recent Audit or Audit Exemption Application: Please see prior operating <br />plans. No money was received or spent by the BID in 2024 or prior to approval of this <br />Operating Plan in 2025, either. An audit is expected to be filed in 2026 for the 2025 fiscal <br />year (same as calendar year), and in 2027 for 2026. <br />7. Copy of any filing required by or for the State Securities Commissioner: No <br />DN 4257652.1 <br />
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