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Business Improvement District

Regular Meeting

Fremont, NE · May 21, 2024

AgendaMinutes

Minutes

Business Improvement District Board Minutes Noon, May 21, 2024 152 E. 6th Street 2nd Floor Meeting Room, Fremont Ne 68025 Board Present: Vince O'Conner,, Sam Heineman, Brenden Murray, Berta Quintero, Lindi Janulewicz, Kevin Main, J J Bixby and Tom Coday, Absent: Howard Krasne, Daniel Cech, Roxie Kracl Guests: Tyler Ficken (City of Fremont)and Lainey Paquette (Mainstreet), Nick Hansen (Fremont Parks and Rec) 1. Meeting was called to order by Tom Coday at 12:04 pm. Roll call was taken. Those present are identified above, a quorum was determined present. Coday noted that a copy of the Open Meeting Act was available in the room for inspection. 2. Minutes of the April 16, 2024 meeting were passed out. Motion to accept minutes was moved by Vincent O'Connor and seconded by Sam Heineman Motion carried 8/0 vote. 3. Nick Hansen shared with us the changes coming ot John C. Fremont park. The parks steering committee is looking for input into adding public restrooms and a permanent amphitheater. No action taken. 4. A motion was made by Vince O'Conner to pay for the cable ties purchased by the City to hang garland on the light poles. JJ Bixby seconded the motion. A roll call vote was taken and passed unanimously 8/0 5. No action was taken after discussion on new benches and trash receptacles. 6. Committee Reports –Discussion on the two story parking garage and the need for additional parking between 3rd Street and 1st Street. No action was taken. MainStreet report was given by Lainey Paquette – Gallery Walk approximately 200-300 people in attendance. Downtown clean up was well attended. The Concert in the park starts June 6, 2024 7. Motion was made by Sam Heineman and seconded by Vince O'Connor to adjourned meeting at 12:52 pm. Motion carried 8/0 vote. Respectfully submitted, Tom Coday

Agenda

Downtown Business Improvement District Board Tuesday May 21, 2024 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 April 16, 2024 Meeting. 3. Update from Nick Hansen with Fremont Parks and Recreation 4. Discussion and possible action to reimburse the City for Zip ties to hang garland on the street poles cost of $798.00. 5. Discussion and possible action on trash cans and park benches in downtown. 6. Committee reports: 1. Financial Report 2. Marketing Committee report 3. Future Projects Committee Report 4. Design Committee Report 5. Comments from the public 6. MainStreet Report – Lainey Paquette Our Next meeting will be June 18, 2024 at 152 East 6th Street. Agenda posted at the Municipal building on May 17, 2024. 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. Business Improvement District #1 Statement of Revenues, Expenditures and Changes in Fund Balances 2020 - YTD 2024 (Effective 4/30/2024) Revenues YTD 2024 YTD 2023 2022 2021 2020 Assessments $ 44,841.34 $ 43,536.94 $ 50,709.71 $ 43,764.74 $ 41,734.65 Interest income $ 1,414.52 $ 1,360.42 $ 59.04 $ 42.92 $ 87.47 Donations $ 122,500.00 $ - $ 30,000.00 License fees $ 200.00 $ 600.00 $ 100.00 Total revenues $ 168,955.86 $ 45,497.36 $ 80,868.75 $ 43,807.66 $ 41,822.12 Expenditures Retention/recruitment Downtown beautification $ 5,436.00 $ 12,199.45 $ 60,037.68 $ 9,238.52 $ 17,755.78 Implementation/maintenance $ - $ 2,933.75 $ 15,156.61 $ - Promotion/marketing $ 5,094.25 $ 30,010.25 $ 12,494.49 $ 4,600.95 $ 10,331.00 Other as authorized by NRS 19-4015 $ 92.00 $ 151.65 $ 480.88 $ 203.32 $ 417.08 Total expenditures $ 10,622.25 $ 45,295.10 $ 88,169.66 $ 14,042.79 $ 28,503.86 Excess (deficiency) of revenues over expenditures $ 158,333.61 $ 202.26 $ (7,300.91) $ 29,764.87 $ 13,318.26 Other financing sources (uses) Transfer in (a) $ - $ - $ - $ - $ - Transfer out $ - $ - $ - $ - $ - Net other sources and uses $ - $ - $ - Net change in fund balances $ 158,333.61 $ 202.26 $ (7,300.91) $ 29,764.87 $ 13,318.26 Fund balance prior year $ 93,451.98 $ 93,249.72 $ 100,550.63 $ 70,785.76 $ 57,467.50 Fund balance current year $ 251,785.59 $ 93,451.98 $ 93,249.72 $ 100,550.63 $ 70,785.76 $ - $ - $ -

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