RFCA - R-2009-44

REQUEST FOR COUNCIL ACTION

RESOLUTION:   2009-44

SUBJECT:   Review and approve the 2010 Operating Plan and Budget of the Alameda Corridor Business Improvement District.

RECOMMENDATION:   Approval

SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Lakewood City Council granted approval for the creation of the Alameda Corridor Business Improvement District (ACBID) at their July 28, 2003 public hearing. Along with Council's authority to approve the creation of the ACBID, the Council also approves the District's operating plan and budget on an annual basis.

Per state statute the business improvement district files an operating plan and its proposed budget for the next fiscal year with the City Clerk no later than September 30 of each year. At this time the City Council is being requested to approve the District's 2010 operating plan and budget.

RESOLUTION ADOPTION DATE:  September 14, 2009

ORIGINATED BY:   Rebecca P. Clark, Director, Lakewood Reinvestment Authority

STAFF PERSON RESPONSIBLE:   Rebecca P. Clark, Director, Lakewood Reinvestment Authority, 303-987-7731

DOCUMENT(S) ATTACHED:   Resolution 2009- 44
ACBID 2010 Operating Plan and Budget

SUBMITTED BY:
Rebecca P. Clark, Director, Lakewood Reinvestment Authority

REVIEWED BY:
Joni Inman, Director, Mayor and City Manager's Office
Michael J. Rock, City Manager