File #: 2022-2554    Version: 1 Name:
Type: Resolution Status: Consent
File created: 11/18/2022 In control: Board of Commissioners
On agenda: 12/13/2022 Final action:
Title: Commission District(s): District 4 Change Order No. 3 to Contract 1234631 with Lexicon Strategies, LLC to continue consulting services for a review of the viability of a Community Improvement District (CID) along Memorial Drive Corridor from I-285 to Stone Mountain in an amount not to exceed $46,500.00.

                                    

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

 

SUBJECT:

Title

Commission District(s): District 4

Change Order No. 3 to Contract 1234631 with Lexicon Strategies, LLC to continue consulting services for a review of the viability of a Community Improvement District (CID) along Memorial Drive Corridor from I-285 to Stone Mountain in an amount not to exceed $46,500.00.

Body

 

Information Contact: Commissioner Steve Bradshaw

Phone Number: 404-371-4749

 

PURPOSE:

To extend the contract with Lexicon Strategies, LLC through June 2023 and add funds in a total amount not to exceed $46,500.00 to be allocated from District 4 Reserve for Allocation Account for continued consulting services related to the review of the viability of a CID along Memorial Drive Corridor.

 

NEED/IMPACT:

Continued engagement and assessment with property and business owners along the Memorial Drive Corridor regarding the formation of a CID.

 

FISCAL IMPACT:

46,500.00 from District 4 2022 Reserve for Allocation funds

 

RECOMMENDATION:

Recommended Action

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