5.
City Council Joint Work Session
- Meeting Date:
- 04/06/2015
- Co-Submitter:
- Karl Eberhard, Comm Design & Redevelopment Mgr
- From:
- Karl Eberhard, Comm Design & Redevelopment Mgr
- Department:
- Economic Vitality
Co-Submitter:
Information
TITLE:
Annual Update: Flagstaff Downtown Business Improvement and Revitalization District.
DESIRED OUTCOME:
Provide City Council with information regarding the first year of the Flagstaff Downtown Business Improvement and Revitalization District.
EXECUTIVE SUMMARY:
In February of 2014, based on a request from the property owners, the City Council created the Flagstaff Downtown Business Improvement and Revitalization District (FDBIRD) and subsequently entered into an Intergovernmental Agreement (IGA) with the district to perform certain tasks related to the formation of the district and downtown management and planning. Through the IGA, the funding necessary for the first year of district operations was provided. In addition, the City and the County are ongoing partners and participants in the district, each contributing funding as private property owners would provide as assessments. The IGA requires that FDBIRD provide the City Council with an annual update. The district has provided a detailed written Annual Report and the presentation will highlight the notable activities of the district. Given the importance of the County as a partner, this presentation has been scheduled for the joint meeting of the City Council and the Board of Supervisors. Being the first year, and thus the first report, hopefully you will enjoy hearing about the many great successes of a busy year as well as the upcoming activities and expectations.
INFORMATION:
Provide sustainable and equitable public facilities, services, and infrastructure systems in an efficient and effective manner to serve all population areas and demographics.
Please see the attached materials from the Flagstaff Downtown Business Improvement and Revitalization District. These include an Annual Report, copies of deliverables, and a copy of the cover letter sent to their stakeholders.
Background Information:
1. Please find attached a copy of the current Intergovernmental Agreement (IGA) between the district and the City.
2. Please find attached a copy of the January 2014 Staff Summary for the City Council consideration of district formation. It provides foundational information about districts, the history of this effort, and other matters considered at the time.
3. Please find attached a copy of the County's commitment to participate in the district.
4. Funding for the services provided under the IGA, in the amount of $127,000, came from the Redevelopment Fund. Ongoing funding, the equivalent amount of what private property assessments would be, or approximately $12,000, has been and is budgeted to be funded by BBB tax revenues (Beautification, Recreation, and Tourism).
5. As of this Annual Report, staff believes that the terms of the IGA have been met.
Please see the attached materials from the Flagstaff Downtown Business Improvement and Revitalization District. These include an Annual Report, copies of deliverables, and a copy of the cover letter sent to their stakeholders.
Background Information:
1. Please find attached a copy of the current Intergovernmental Agreement (IGA) between the district and the City.
2. Please find attached a copy of the January 2014 Staff Summary for the City Council consideration of district formation. It provides foundational information about districts, the history of this effort, and other matters considered at the time.
3. Please find attached a copy of the County's commitment to participate in the district.
4. Funding for the services provided under the IGA, in the amount of $127,000, came from the Redevelopment Fund. Ongoing funding, the equivalent amount of what private property assessments would be, or approximately $12,000, has been and is budgeted to be funded by BBB tax revenues (Beautification, Recreation, and Tourism).
5. As of this Annual Report, staff believes that the terms of the IGA have been met.