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First and Main Business Improvement District seeks $1.4M bond amendment to fund plaza and landscape work
Summary
First and Main Business Improvement District No. 2 asked council to amend its 2025 operating plan to reflect a planned $1.4 million bond issuance for built public improvements; staff clarified the bonds reimburse already‑constructed improvements and the public hearing and bond vote are scheduled for May 13.
The First and Main Business Improvement District No. 2 requested an amendment to its 2025 operating plan so the district can issue $1.4 million in bonds to reimburse public improvements already constructed within the district. City planning staff briefed council on April 21 and said the amendment updates the operating plan to account for the upcoming bond issuance and associated budget changes.
Kevin Walker, planning director, explained that business improvement districts (BIDs) are…
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