Business Improvement District

Minutes August 15, 2023 Downtown Business Improvement District Board Minutes Noon, Thursday March 21, 2023 Location: Former Fremont National Bank Building 6th and Main Streets, 2nd Floor Meeting Room, Fremont NE Present were Vince O’Connor, Sam Heineman, Brenden Murray, Richard Register, Daniel Cech (arrived at agenda item #5), JJ Bixby, Kevin Main, Roxie Kracl, Berta Quintero, Howard Krasne Absent: Tom Coday Guests: Jody Sanders (City of Fremont), Lainey Paquette (Mainstreet), Mark Jensen (Fremont City C). 1. Meeting was called to order by Acting Chair JJ Bixby 12:03 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 July 18, 2023, meeting by Kracl, seconded by Main, motion passed 8/0. 3. Discussion was had on agenda item #3 for the payment of one half the cost of fall decorations to be put in the flower baskets. The Board was given a copy of the proposed cost by Siffring Landscaping. The total cost was $3,975.00. A motion was made by Krasne to approve the expenditure of one half the Siffering invoice, seconded by O’Connor, approved 8/0. 4. Discussion was had of item #4 to keep the flags up from Memorial Day to Labor Day. The possible cost savings and impact on longevity to the flags was discussed. In addition, it was pointed out that this may be impacted by the end of this BID and possible renewal. A motion was made by Murray, seconded by Heineman to approve have the US Flags remain up from Memorial Day to Labor Day, subject to the renewal of the BID. The motion was approved 8/0. 5. Discussion item #5 was had about future projects. No action was taken as the Board was awaiting the impact of the actions of the City Counsel and renewal of the BID. No action was taken. 6. Committee reports: a. Financial Report. No report. No action taken. b. Projects Committee Report. No report. No action taken. c. Equalization Committee Report. No report. No action taken.  d. Multi-Cultural Committee Report. No report. No action taken. e. Marketing Committee Report. No report. No action taken. f. Maintenance Committee Report. It was discussed that the City maybe taking back the care of the parking lots. No action taken. g. Future Project Committee Report. See above. No action taken. h. Design Committee Report. A long discussion was had on the possible replacement of ribbons on the holiday wreaths. A motion was made by Register and seconded by O’Connor to recommit this issue to the Design Committee for presentation of options and costs at the next meeting. The motion was passed 9/0. i. MainStreet Report. MainStreet Director Lainey Paquette, reported upcoming events, including the Gallery Walk on 9/6/2, Fall Festival Oct 14- 14, 2023. j. . 7. Comments from the Public – Mark Jensen inquired if lighting was needed if the flags were to remain up at night. O’Connor pro offered his opinion that the lighting was sufficient based on his past research. Those in attendance had discussions on looking into possible options for event liquor licensing and the law changes for outdoor consumption. 8. Next meeting set for Sept 19, 3023, at the same time and location, notice to be published. 9. Motion to adjourn was made by O’Connor and seconded by Kracl. The motion passed 9/0. Statement of Revenues, Expenditures and Changes in Fund Balances 2019 - YTD 2023 (Effective 7/31/2023) Revenues YTD 2023 2022 2021 2020 2019 Assessments $ 43,260.53 $ 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 $ 43,974.09 $ 80,868.75 $ 43,807.66 $ 41,822.12 $ 45,118.64 Expenditures Retention/recruitment $ - Downtown beautification $ 3,837.68 $ 60,037.68 $ 9,238.52 $ 17,755.78 $ 2,234.24 Implementation/maintenance $ 2,933.75 $ 15,156.61 $ - $ - Promotion/marketing $ 26,015.65 $ 12,494.49 $ 4,600.95 $ 10,331.00 $ 25,175.89 Other as authorized by NRS 19-4015 $ 139.43 $ 480.88 $ 203.32 $ 417.08 $ 364.14 Total expenditures $ 32,926.51 $ 88,169.66 $ 14,042.79 $ 28,503.86 $ 27,774.27 Excess (deficiency) of revenues over expenditures $ 11,047.58 $ (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 $ 11,047.58 $ (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 $ 104,297.30 $ 93,249.72 $ 100,550.63 $ 70,785.76 $ 57,467.50 $ - $ -