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Consultant presents preliminary University Hill funding options; tourism district, DDA and parking revenue share flagged as opportunities
Summary
Amanda (a consultant with Progressive Urban Management Associates) presented preliminary results of a study of existing general improvement districts (GIDs) on University Hill, saying the districts are not generating enough revenue to implement community priorities such as streetscape work, lighting, drainage and improved connectivity to downtown.
Amanda (a consultant with Progressive Urban Management Associates) presented preliminary results of a study of existing general improvement districts (GIDs) on University Hill, saying the analysis shows the districts are not generating enough revenue to implement community priorities such as streetscape work, lighting, drainage and improved connectivity to downtown.
Amanda said the team has compiled district profiles, market indicators and revenue/expense information and is developing scenarios the commission will review at a joint special meeting in April. "These are very preliminary opportunities," she said, and the consultant will return with more concrete recommendations at the April 8 joint session and as part of a city council study session on April 24.
The consultant and staff identified two buckets of options: near‑term actions…
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