Laserfiche WebLink
Under the Organizational Ordinance, the Board of Directors of the District was <br />appointed by the City Council. All Board members must, by law, be electors of the District. <br />The current member of the Board of Directors is: <br />Erik Hartronft, Assistant Secretary/Treasurer <br />The Director Sheet attached as Exhibit 3 provides more detailed information. By <br />approval of this 2025 Operating Plan, City Council confirms appointment of the above listed <br />Director. There are seven vacancies on the Board at this time. <br />Future appointments shall be made by the City in accordance with the previously <br />approved operating plans. <br />DESCRIPTION OF IMPROVEMENTS AND SERVICES; TAXES. FEES. AND <br />ASSESSMENTS; PRINCIPAL AMOUNT OF BONDS <br />Given the current situation, the 2025 Operating Plan and Budget descriptions of (a) <br />improvements and services, (b) taxes, fees, and assessments, (c) principal amount of bonds, <br />and (d) other features of the BID will be simply the same as the 2000-2001 Operating Plan <br />and Budget as approved by the City upon organization of the District. <br />A prior operating plan had indicated that the BID would be certifying a mill levy to <br />collect taxes in 2001. No BID taxes have been collected to date, nor will be collected in 2025. <br />In a prior year, the BID submitted a proposal to the City/LRC for potential tax <br />sharing; however, the agreement has not advanced out of the conceptual stage. <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. <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, (retired, affiliated with Spencer <br />DN 4257652.1 <br />