Public Hearing: YES ☐ NO ☒ Department: Board of Commissioners - District 4
SUBJECT
Title
Commission District(s): District 4
To Appropriate $50,000.00 from the District 4 Reserve 2020 funds to execute Professional Services with Lexicon Strategies for Consulting Services to Study the Viability of a Community Improvement District (CID) along the Memorial Drive Corridor between I-285 and Stone Mountain.
Body
Information Contact: Steve Bradshaw
Phone Number: 404-371-4749
PURPOSE:
Explore the opportunity for commercial property owners’ development of a CID within the Memorial Drive Corridor between I-285 and Stone Mountain.
NEED/IMPACT:
Assess 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.