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Subject: Communication sponsored by Alder Paffrath, on behalf of the Department of City Development, for review and approval of the 2023 Operating Plan for Business Improvement District No. 4, Douglas Avenue.
Recommendation of the Finance and Personnel Committee on 10-24-2022: That the 2023 Operating Plan for Business Improvement District No. 4, Douglas Avenue, be approved. Further that the Finance Director be authorized and directed to include the District’s special charges on the 2022 property tax bills of the affected parcels.
Fiscal Note: It is estimated that $41,125 will be raised through bid assessments that will be placed into the Douglas Avenue Business Improvement District’s revenue account.
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