To: Honorable Mayor and Members of Town Council
Through: David L. Corliss, Town Manager
From: Trish Muller, CPA, Finance Director
Title
Resolution Approving the Proposed 2025 Fiscal Year Operating Plan and Budget for the Miller’s Landing Business Improvement District
Body
________________________________________________________________________________
Executive Summary
Each year per 31-25-1211, C.R.S., business improvement districts shall file an operating plan and its proposed budget for the next fiscal year with the clerk of the municipality no later than September 30 of each year. The municipality shall approve or disapprove the operating plan and budget within thirty days after receipt, but no later than December 5.
In 2017, the Town approved a planned development and URA plan for Millers Landing revenue share back for 100% property tax and 60% sales tax in exchange for a first class hotel, mixed use office and retail and provide remediation of a 1970’s land fill. The land fill has been remediated and no additional improvements have been implemented to date.
The Resolution (Attachment A) to approve the Miller’s Landing Business Improvement District 2024 Operating Plan and Budget (Attachment B)
Proposed Motion
“I move to approve the Resolution as introduced by title.”
Alternative Motions
“I move to approve the resolution as introduced by title, with the following conditions: (list conditions).”
“I move to continue this item to the Town Council meeting on _____ date to allow additional time to (list information needed).”
Attachments
Attachment A: Resolution
Attachment B: Operating Plan and Proposed Budget