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Resolution 2023-67
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Resolution 2023-67
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Last modified
12/14/2023 11:29:16 AM
Creation date
11/7/2023 12:57:12 PM
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City Council Records
Also Known As (aka)
Main Street BID Proposed 2024 Operating Plan and Budget
Meeting Date
11/6/2023
Doc Type
Resolution
Signed Date
11/6/2023
Ord/Res - Year
2023
Ord/Res - Number
67
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Norman F. (Rick) Kron, Jr., attorney in fact for the District, (retired), 746 W. Fir Ct., <br />Louisville, CO, 80027. Telephone - (720) 480-5831 (leaving a message is recommended), <br />email: rickkronco@gmail.com. <br />3. Board of Director names, addresses, telephone numbers, fax numbers where <br />applicable: Please see list provided in the text above, and Exhibit 3. <br />4. District Map: Please see Exhibit 1. <br />5. Current Budget: Please see 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 2023. <br />7. Copy of any fling required by or for the State Securities Commissioner: No <br />bonds have been issued, therefore no filing has been required. <br />8. A list of all intergovernmental agreements of the District: None. <br />9. Any alteration or revision to the debt service schedules provided in the <br />operating plan: None. <br />10. A list of all lease -purchase agreements and a summary of the terms: None. <br />11. A description of activities performed in the last budget year: Organization of <br />the District was by ordinance on August 15, 2000. The Board's organizational meeting, <br />following all required notices, was held on August 28, 2000 at which time various <br />administrative tasks were performed. Activity in the BID essentially stopped after the <br />November 2000 election when the authority to levy a tax was not passed by a majority of the <br />electors of the District who voted in the election (the vote was tied). The attorney for the <br />District, Norman F. (Rick) Kron, Jr., of Spencer Fane LLP (retired) has been working with the <br />Board on maintaining the BID. He has suggested the possibility of funding the BID using <br />special assessments rather than property taxes, but the idea has not gone beyond the concept <br />stage. Spencer Fane no longer recognizes the BID as a client. Mr. Kron is providing very <br />minimal pro bono services. Mr. Kron has attended a few LRC meetings where projects of <br />mutual interest have been discussed, however, the BID lacks the resources to do much more <br />than talk at this time. <br />12. An Operating Plan description of activities to be performed in the next budget <br />year (similar to this plan, although shortened) and a Budget for that year: Please see the text <br />above and the Exhibits attached hereto. <br />DN 4257652.1 <br />
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