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Business Improvement District

Regular Meeting

Fremont, NE · July 18, 2023

AgendaMinutes

Minutes

Minutes July 18, 2023 Downtown Business Improvement District Board Minutes Noon, Tuesday July 18, 2023 Location: 152 East 6th Street 2nd Floor Meeting Room, Fremont NE Present were Sam Heineman, Brenden Murray, JJ Bixby, Tom Coday, Howard Krasne, Roxie Kracl Absent:, Kevin Main, Richard Register, Vince O’Connor, Daniel Cech, Guests: Joey Spellerburg, Lainey Paquette and Tyler Ficken 1. Meeting was called to order by Chair Tom Coday at 12:01 pm. Roll Call was taken, those present are identified above, a quorum was determined present. The Chair announced that a copy of the Open Public Meeting Act was available in the room for inspection. 2. Motion was made to approve the minutes of the June 20, 2023 by Krasne seconded by Bixby, motion passed 6/0. 3. Parking lot maintenance was discussed no action taken. 4. Joint advertising between CVB and BID was discussed not action taken 5. Future projects and budget for renewal of BID was discussed along with equalization of taxes to be collected was discussed. No action taken. Committee reports: a. Financial Report was attached to the packet of information available at the meeting. No action taken. b. Projects Committee Report. NONE c. Equalization Committee Report. NONE d. Multi-Cultural Committee Report. NONE e. Marketing Committee Report. NONE f. Maintenance Committee Report. NONE g. Future Project Committee Report. h. Design Committee Report. i. MainStreet Report. Lainey Paquette presented the summer schedule of events which includes Concert in the Park and Crazy Days and the Hispanic festival. 6. Next meeting set for August 15, 2023, at the same time and location, notice to be published. 7. Motion to adjourn was made by Heineman and seconded by Bixby. The motion passed 6/0.

Agenda

Downtown Business Improvement District Board Tuesday July 18, 2023 12:00 P.M. 152 East 6th Street, 2nd floor Meeting Room Fremont Nebraska 1. Meeting called to order, announcement of Open Public Meeting Law and Roll Call 2. Approval of the Minutes of the June 20, 2023 Meeting. 3. Discussion and possible action on green space maintenance 4. Discussion and possible action on joint advertising with the CVB 5. Discussion and possible action on Future Projects 6. Committee reports: 1. Financial Report 2. Project Committee Report 3. Equalization Committee Report 4. Multi-Cultural Committee Meeting Report 5. Marketing Committee report 6. Maintenance Committee report 7. Future Projects Committee Report 8. Design Committee Report 9. Comments from the public 6. MainStreet Report – Lainey Paquette Our Next meeting will be August 15, 2023 at 152 East 6th Street. Agenda posted at the Municipal building on July 13 2023. The Board reserves the right to go into Executive Session when necessary. A copy of the Open Meeting Law is available for review by the public. The Board reserves the right to adjust the order of the items on this agenda. Statement of Revenues, Expenditures and Changes in Fund Balances 2019 - YTD 2023 (Effective 6/30/2023) Revenues YTD 2023 2022 2021 2020 2019 Assessments $ 42,787.84 $ 50,709.71 $ 43,764.74 $ 41,734.65 $ 44,993.09 Interest income $ 113.56 $ 59.04 $ 42.92 $ 87.47 $ 125.55 Donations $ - $ 30,000.00 License fees $ 600.00 $ 100.00 Total revenues $ 43,501.40 $ 80,868.75 $ 43,807.66 $ 41,822.12 $ 45,118.64 Expenditures Retention/recruitment $ - Downtown beautification $ 3,479.04 $ 60,037.68 $ 9,238.52 $ 17,755.78 $ 2,234.24 Implementation/maintenance $ 2,933.75 $ 15,156.61 $ - $ - Promotion/marketing $ 24,347.07 $ 12,494.49 $ 4,600.95 $ 10,331.00 $ 25,175.89 Other as authorized by NRS 19-4015 $ 135.47 $ 480.88 $ 203.32 $ 417.08 $ 364.14 Total expenditures $ 30,895.33 $ 88,169.66 $ 14,042.79 $ 28,503.86 $ 27,774.27 Excess (deficiency) of revenues over expenditures $ 12,606.07 $ (7,300.91) $ 29,764.87 $ 13,318.26 $ 17,344.37 Other financing sources (uses) Transfer in (a) $ - $ - $ - $ - $ - Transfer out $ - $ - $ - $ - $ - Net other sources and uses $ - $ - $ - $ - Net change in fund balances $ 12,606.07 $ (7,300.91) $ 29,764.87 $ 13,318.26 $ 17,344.37 Fund balance prior year $ 93,249.72 $ 100,550.63 $ 70,785.76 $ 57,467.50 $ 40,123.13 Fund balance current year $ 105,855.79 $ 93,249.72 $ 100,550.63 $ 70,785.76 $ 57,467.50 $ - $ -

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