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Sisk thanked Ruskus for all her work for the Downtown Business Association. He asked <br />how the money would be garnered, and whether or not it is already committed. <br /> <br />Grassi explained that the money will accomplish certain things but only with an <br />executive director who can market downtown. She stated that they are hoping that the <br />Business Improvement District will allow the executive director position to become a <br />fulltime position in the near future. <br /> <br />Sisk expressed support for the Business Improvement District; however, he questioned <br />whether the $23,500 in support has been committed. <br /> <br />Grassi explained that the $23,500 is committed. The office space and other items that are <br />listed as donations are committed and available. <br /> <br />Sisk asked how this would work. <br /> <br />Grassi replied that, ideally, the Downtown Business Association would like to receive a <br />check for the full amount; however, she agreed that the funding could be distributed <br />quarterly or however the City is comfortable. <br /> <br />Sisk replied that if the funds from the City can be dovetailed with Downtown Business <br />Association funds, he would support the grant. <br /> <br />Grassi explained that the Downtown Business Association would be collecting their <br />membership dues in January in order to assist with forming the Business Improvement <br />District. <br /> <br />Howard stated that the concept of having a Business Improvement District is long <br />overdue. However, he expressed concern that the City would be putting funds into an <br />organization whose purpose is to influence an upcoming election. He stated that there are <br />numerous organizations that would like the City to fund their elections. Secondly, he <br />stated that this is asking the residents to impose taxes to improve downtown. He stated <br />that if this is truly in the interest of the downtown business members, then they have the <br />vested interest to ensure this is accomplished. He expressed support for a Business <br />Improvement District but he did not feel that it should be the City's position to spend <br />citizen money to fund elections, even if it is for a worthy cause. <br /> <br />Levihn stated that the City of Louisville has spent over $5.5 million to make downtown <br />improvements over the past few years, which makes the seed money request amount pale <br />in comparison. He stated that a successful downtown benefits all the citizens of <br />Louisville. He stated that there would have been a larger increase in tax revenue over the <br />past few years if downtown Louisville were vibrant. He expressed support for the <br />Business Improvement District. <br /> <br /> <br />