File #: 2021-2715    Version: 1 Name:
Type: Resolution Status: Consent
File created: 6/9/2021 In control: Board of Commissioners
On agenda: 6/22/2021 Final action: 6/22/2021
Title: Commission District(s): District 4 To Appropriate $52,500.00 from the District 4 Reserve for Allocation 2021 funds to extend professional services contract with Lexicon Strategies LLC for consulting services studying the viability of a Community Improvement District (CID) along the Memorial Drive Corridor between I-285 and Stone Mountain.

                                    

Public Hearing:  YES ☐     NO ☒                                                  Department: Board of Commissioners - District 4                                     

 

SUBJECT:

Title

Commission District(s): District 4

To Appropriate $52,500.00 from the District 4 Reserve for Allocation 2021 funds to extend professional services contract with Lexicon Strategies LLC for consulting services studying the viability of a Community Improvement District (CID) along the Memorial Drive Corridor between I-285 and Stone Mountain.

Body

 

Body

Information Contact: Commissioner Steve Bradshaw

Phone Number: 404-371-7031

 

PURPOSE:

Continue the consultation services of commercial property owners’ development of a CID within the Memorial Drive Corridor between I-285 and Stone Mountain.

 

NEED/IMPACT:

Continue assessment of a CID development and impact on the Memorial Drive Corridor between I-285 and Stone Mountain.

 

 

FISCAL IMPACT:

None

 

RECOMMENDATION:

Recommended Action

To approve the resolution and authorize the chief executive officer to execute all necessary documents.