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HomeMy WebLinkAbout2006 Resolution No. 074• • • RESOLUTION NO. Ji SERIES OF 2006 A RESOLUTION ESTABLISHING THE SOUTH BROADWAY ENGLEWOOD BUSINESS IMPROVEMENT DISTRICT BOARD OF DIRECTORS . WHEREAS, the South Broadway Englewood Business Improvement Di;trict is a special assessment district designed 10 improve the economic villllity and overall commercial appeal of the South Broadway corridor in the City of Englewood, Colorado 10 prc ,vide programs to businesses and commercial propenies that will include district marketing, promotions , enhances safety and maintenance; and WHEREAS, the South Broadway Englewood Business Improvement District (SBEBID) will be managed by a Board of Directors consisting of seven members , all of whom shall be voting members a.id South Broadway Englewood Business Improvement Di strict voting members and rat e payers ; and WHERE \S, one additional seat in addition 10 the seven (7) voting members shall be reserved for an cx-mf.cio member who is a representative of the City of Englewood ; and WH ~tt: :.,.S, the Board of Directors shall dctenninc annual SBCBiD !';ioritics and oversee ongoing ,nrnagement of SBEBID programs ; and WHEREAS, the Board oiDirectors shall consist of a majority of real propeny owners, shall be an equi table representation of geographic areas of the SBEBID and size and type of propeny and businesses: an d WHEREAS, a slate of Board of Directors nominees has been submitted by a nominating committee to the Englewood City Council fo r approval; and WHEREAS, the passage of thi s Resolution shall establish the Distri ct Board of Directors for three year tcnns; NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD , COLORADO, THAT: ~-The Englewood City council hereb y appoints the South Broadway Englewood Business Improvement District Board of Directors &s follows: Ted Vasilas-Ted's Clothiers Jon C. Cook -Auto Dealing Lending Rick Reese -Dress for Less Clothiers Bob Laughlin -Acoustic Music Revival Bob Voth -Sir Speedy Richard Weigang -Th,, Catholic Store Bryllll Re id -Edwards Tobac co Shop, Inc . ~-The South Broadway Ena)ewood B111inen Improvement Dillrict 8olld of Dilecto11 tenns will be effective immediately for a period of~ (3) yean . Upon lhe expiration of lhe initial tenns lhe Enalewood City Council shall appoint penon, to fill new tennt and vacanries from a slate of nominees submitted to City Council by lhe District Board of Direct011 for three year terms. ADOPTED AND APPROVED this 71h of Auaus:, 2006 . I, Loucrishia A. Ellis, City Clerk forJ!tFiCi'Y of Englewood, above is a true copy of Resolution No . .1I_, Series of 2006. • • • • • • COUNCIL COMMUNICATION Dale: Agenda Item: Subject: August 7, 2006 11 C Iii South Broadway Englewood Business Improvement District -Board of Directors Initiated By: Staff Source: Communlly DevelopmP.nt Department Darren Hollingsworth, Economic Deve lopment Coordinator COUNCIL GOAL AND PREVIOUS COUNCIL ACTION On Jul y 24, City Council vo ted lo approve an emergency ordinance on first reading that would create the South Broadway Engle wood Business Improvement District. Pending approval of this ordinance, which will be considered for se cond reading on August 7, 20 06 , Council is being asked to appoint the Board of Directors for the South Broadway Englewood Business Improvement District. RECOMMENDED ACTION Staff recommends that City Council adopt a Resolution approving the slate of Boa rd of Directors for the South Broadway Englewood Business Improvement Di. ,,1ct. BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED The South Broadway Englewood Business Improvement District (SBEBID) is a special assessment district designed to improve the economic vitalily and overall commercial appeal of the South Broadway corridor in the Cily of Englewood . The SBEBID will provide f rograms to businesses and commercial properties that will include: district marketing. promotions, enhanced safely, and main tenance. The SBEBID will be managed by a Board of Directors, all of whom will be voting members and rate payers. One additional seat is reserved for an ex-officio member who is a representative of the Cily of Engl ew ood . The board of the SBEBID will determine annual priorities and oversee the ongoing management of the SBEBID programs . The board will consist of a majority of real property owners and will represent the various geographic areas of the S IEBID . The directors shal! serve a three (3) year term. State Statutes require that Cily Council appoint the Board of Dir~ctors for a Business lmprnveme·.1t The following slate for the Board of Directors was nominated by a r,omlnating committee: Ted Vasllas -Ted 's Clothl~rs John C. Cook -Auto Dealer Lf'oding Rick Reese -Dress for Less Clothiers Bob Laushlln -Acousdc Music Revival Bob Voth -Sir Speedy Prindng Richard Welgang -The Catholic Store Brian Reid -Edward 's Tobacco Shop, Inc . FINANCIAL IMPACT There are no increased financial impacts associated with this Resolution . LIST Of ATTACHMENTS Resolution • • •