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Business Improvement District

Regular Meeting

Fremont, NE · June 18, 2024

AgendaMinutes

Minutes

Business Improvement District Board Minutes Noon, June 18, 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 Howard Krasne and Tom Coday, Absent: Daniel Cech, Roxie Kracl Guests: Jody Sanders and Tyler Ficken (City of Fremont)and Lainey Paquette (Mainstreet) 1. Meeting was called to order by Tom Coday at 12:01 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 May 21, 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. A motion was made by Vince O'Conner and seconded by Kevin Main to hire Siffring Landscaping to plant and maintain two bump outs on 6th Street. Motion carried 9/0 4. Jody Sanders discussed the repairs and time line on the two story parking lot. Also she explained that their may be some delays on installing the arches on 6th and Main Street. 5. After discussion on the landscaping on the green spaces of the Elgenfritz parking lot it was decided to have the parks department maintain the green spaces rather than hire a landscaping firm. 6. MainStreet report was given by Lainey Paquette – The Concert in the park was well attended and Crazy Days will be July 19, 2024 7. Motion was made by Sam Heineman and seconded by Vince O'Connor to adjourned meeting at 1:00 pm. Motion carried 9/0 vote. Respectfully submitted, Tom Coday

Agenda

Downtown Business Improvement District Board Tuesday June 18, 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 May 21, 2024 Meeting. 3. Discussion and possible action on paying to have two bump out planted 4. Discussion and possible action on hiring someone to maintain green areas in the Elginfritz parking lot 5. 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 July 16, 2024 at 152 East 6th Street. Agenda posted at the Municipal building on June 13, 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 5/31/2024) Revenues YTD 2024 YTD 2023 2022 2021 2020 Assessments $ 45,661.79 $ 43,536.94 $ 50,709.71 $ 43,764.74 $ 41,734.65 Interest income $ 1,733.26 $ 1,360.42 $ 59.04 $ 42.92 $ 87.47 Donations $ 122,500.00 $ - $ 30,000.00 License fees $ 600.00 $ 600.00 $ 100.00 Total revenues $ 170,495.05 $ 45,497.36 $ 80,868.75 $ 43,807.66 $ 41,822.12 Expenditures Retention/recruitment Downtown beautification $ 6,234.00 $ 12,199.45 $ 60,037.68 $ 9,238.52 $ 17,755.78 Implementation/maintenance $ 1,875.00 $ 2,933.75 $ 15,156.61 $ - Promotion/marketing $ 22,341.42 $ 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 $ 30,542.42 $ 45,295.10 $ 88,169.66 $ 14,042.79 $ 28,503.86 Excess (deficiency) of revenues over expenditures $ 139,952.63 $ 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 $ 139,952.63 $ 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 $ 233,404.61 $ 93,451.98 $ 93,249.72 $ 100,550.63 $ 70,785.76 $ - $ - $ -

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