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Home My WebLink About02-19-25 BID Agenda and Packet MaterialsA. Call meeting to order - 12:00 p.m. B. Disclosures C. Changes to the Agenda D. Approval of Minutes D.1 Approve Janaury Meeting Minutes(Cope) E. Public Comments on Non-agenda Items Falling within the Purview and Jurisdiction of the Board THE BOZEMAN DOWNTOWN BUSINESS IMPROVEMENT DISTRICT BOARD OF BOZEMAN, MONTANA BID AGENDA Wednesday, February 19, 2025 General information about the Downtown Business Improvement District Board is available in our Laserfiche repository. If you are interested in commenting in writing on items on the agenda please send an email to comments@bozeman.net or visit the Public Comment Page prior to 12:00pm on the day of the meeting. At the direction of the City Commission, anonymous public comments are not distributed to the Board or staff. Public comments will also be accepted in-person and through Video Conference during the appropriate agenda items. As always, the meeting will be streamed through the Commission's video page and available in the City on cable channel 190. For more information please contact Emily Cope, emily@downtownbozeman.org This meeting will be held both in-person and also using an online video conferencing system. You can join this meeting: Via Video Conference: Click the Register link, enter the required information, and click submit. Click Join Now to enter the meeting. Via Phone: This is for listening only if you cannot watch the stream, channel 190, or attend in- person United States Toll +1 253 205 0468 Access code: 955 3864 1712 This is the time to comment on any non-agenda matter falling within the scope of the Business Improvement District Board. There will also be time in conjunction with each agenda item for public comment relating to that item but you may only speak once per topic. Please note, the Board cannot take action on any item which does not appear on the agenda. All persons addressing the Board shall speak in a civil and courteous manner and members of the 1 F. FYI/Discussion F.1 FY26 Draft Budget Discussion(Cope) F.2 Economic Development Director's Report(Cope) G. Adjournment audience shall be respectful of others. Please state your name, and state whether you are a resident of the city or a property owner within the city in an audible tone of voice for the record and limit your comments to three minutes. For more information please contact Emily Cope, Bozeman Downtown Partnership, emily@downtownbozeman.org This board generally meets the 3rd Wednesday of the month from 12:00 to 1:30 City Board meetings are open to all members of the public. If you have a disability that requires assistance, please contact our ADA Coordinator, David Arnado, at 406.582.3232. 2 Memorandum REPORT TO:Bozeman Downtown Business Improvement District Board FROM:Emily Cope, Downtown Bozeman Partnership SUBJECT:Approve Janaury Meeting Minutes MEETING DATE:February 19, 2025 AGENDA ITEM TYPE:Minutes RECOMMENDATION:I move to approve the meeting minutes from the January 2025 board meeting. STRATEGIC PLAN:4.4 Vibrant Downtown, Districts & Centers: Promote a healthy, vibrant Downtown, Midtown, and other commercial districts and neighborhood centers â€“ including higher densities and intensification of use in these key areas. BACKGROUND:Meeting minutes from January 2025. UNRESOLVED ISSUES:None. ALTERNATIVES:As suggested by board. FISCAL EFFECTS:None. Attachments: Downtown BID January 2025 Minutes.pdf Report compiled on: January 22, 2025 3 Downtown BID Board Meeting Minutes, January 15, 2025 Page 1 of 2 THE DOWNTOWN BOZEMAN BUSINESS IMPROVEMENT DISTRICT BOARD MEETING OF BOZEMAN, MONTANA MINUTES January 15, 2025 General information about the Downtown Business Improvement District Board is available in our Laserfiche repository. A) 00:08:02 Call meeting to order - 12:00 p.m. Present: Erik Nelson, Ileana Indreland, Eric Bowman, Emily Cope, Susan Neubauer, Randy Scully Absent: None Excused: Eric Sutherland, Mark Kehke B) 00:08:20 Disclosures C) 00:08:23 Changes to the Agenda D) Approval of Minutes D.1 00:08:44 Approve November Meeting Minutes Downtown BID November 2024 Minutes.pdf 00:08:48 Motion to approve I move to approve the meeting minutes from the November 2024 board meeting. Randy Scully: Motion Eric Bowman: 2nd 00:08:48 Vote on the Motion to approve I move to approve the meeting minutes from the November 2024 board meeting. The Motion carried 5 - 0. Approve: Erik Nelson Ileana Indreland 4 Downtown BID Board Meeting Minutes, January 15, 2025 Page 2 of 2 Eric Bowman Susan Neubauer Randy Scully Disapprove: None E) 00:09:15 Public Comments on Non-agenda Items Falling within the Purview and Jurisdiction of the Board F) 00:09:22 FYI/Discussion F.1 00:09:25 Monthly Finance Report BID Finance Report 1-25.pdf 00:09:27 Emily noted that the Christmas light sponsorship is lower than previous years. The board discussed ideas of how to spend money budgeted towards a downtown safety program, including adding security cameras and lights in needed areas. The board discussed replacing holiday garland and expand to the side streets in the coming years. F.2 00:22:21 Economic Development Director's Report BID Finance Report 1-25.pdf G) 00:41:07 Adjournment For more information please contact Emily Cope, Bozeman Downtown Partnership, emily@downtownbozeman.orgThis board generally meets the 3rd Wednesday of the month from 12:00 to 1:30 5 Memorandum REPORT TO:Bozeman Downtown Business Improvement District Board FROM:Emily Cope, Downtown Bozeman Partnership SUBJECT:FY26 Draft Budget Discussion MEETING DATE:February 19, 2025 AGENDA ITEM TYPE:Finance RECOMMENDATION:Discuss. STRATEGIC PLAN:4.4 Vibrant Downtown, Districts & Centers: Promote a healthy, vibrant Downtown, Midtown, and other commercial districts and neighborhood centers â€“ including higher densities and intensification of use in these key areas. BACKGROUND:The Board will provide guidance and feedback at this meeting and vote on a final budget at the March 2025 board meeting. As outlined in the 2020 renewal of the BID, the assessment rate will not exceed $0.03 per taxable dollar value. Last spring, the BID board reviewed the biennium budget for FY2025 and FY2026, budget amendments may be made for the FY26 budget. UNRESOLVED ISSUES:None. ALTERNATIVES:None. FISCAL EFFECTS:None. Attachments: BID Assessment Budget and Assessment Rates FY2026 DRAFT v1.pdf Report compiled on: February 10, 2025 6 FINAL DRAFT FY2025 % change vs FY24 FY2026 % change vs FY25 Income BID Assessment 260,000$ 13%280,000$ 8% BID Assessment--residual Contract Income 25,000$ 4%26,000$ 4% Interest Income 100$ 0%100$ 0% Mobile Vending Fees 1,500$ ‐14%1,500$ 0% Flower Sponsorships 9,500$ 6%9,500$ 0% Christmas Light Sponsorships 3,500$ 0%3,000$ ‐14% Streetlamp Banners 12,500$ 4%14,000$ 12% Total Income 312,100$ 11%334,100$ 7% Expenses Management Fee 75,000$ 11%82,500$ 10% Total Expenses 75,000$ 11%82,500$ 10% Payroll Expenses Maintenance Staff 75,000$ 15%80,000$ 7% Taxes 5,500$ 14%5,500$ 0% Work Comp 3,500$ 6%3,500$ 0% Maintenance Staff--Garage 24,000$ 7%25,000$ 4% Taxes 950$ 0%950$ 0% Work Comp 950$ 0%950$ 0% Total Payroll Expenses 109,900$ 13%115,900$ 5% Programs Downtown Safety Program 5,000$ ‐50%15,000$ 200% Downtown Bozeman Association (DBA) Support 27,500$ 2%28,000$ 2% Holiday Lights - Reserve Fund 15,000$ 50%15,000$ 0% Holiday Lights 2,500$ 25%2,500$ 0% Holiday Light Spider Repair 2,000$ 0%2,000$ 0% Hoiday Decor Storage 1,575$ 3%1,675$ 6% New Banners 4,000$ 33%3,000$ ‐25% Flower Expenses 32,000$ 7%34,500$ 8% Flower Water 400$ 33%400$ 0% Marketing 2,500$ 0%3,000$ 20% Maintenance Supplies 4,500$ 13%4,750$ 6% Garbage Bags 3,000$ 12%3,250$ 8% Graffiti Supplies 1,000$ 0%900$ ‐10% Graffiti Contracted Removal 6,500$ 0%7,000$ 8% Mule Service & Fuel 1,850$ 6%1,950$ 5% Truck Service & Fuel 2,600$ 4%2,700$ 4% Vehicle Insurance 6,000$ 9%7,500$ 25% Program Contingency 6,000$ 500%2,000$ ‐67% Total Program Expenses 123,925$ 9%135,125$ 9% Total BID Expenses 308,825$ 11%333,525$ 8% NET ASSESSMENT INCOME 3,275$ 575$ 7 ACTUAL SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 FY2025 FY2025 FY2025 FY2025 FY2025 Assessmen 260,000.00$ 280,000.00$ 285,000.00$ 290,000.00$ 295,000.00$ Assessmen 0.0199700$ 0.021506$ 0.021890$ 0.022274$ 0.022658$ Total Taxable Value of BID District Taxable Value % increase YOY Assessment Rate History FY25 $ 13,019,529.00 0% FY25 $ 13,019,529.00 ‐6% $0.0199700 FY24 $ 13,877,157.00 67%$0.016574 FY23 $ 8,284,875.00 0% $0.026554 FY22 $ 8,284,875.00 22% $0.022330 FY21 6,776,948.00$ 7% $0.025823 FY20 6,317,056.00$ 38% $0.019946 FY19 4,567,534.00$ 9% $0.027586 FY18 4,204,204.00$ $0.029970 Notes: Resolution 5140‐ The annual assessment rate shall not exceed $0.03 per dollar of taxable value for the duration of the district (2021‐2030). BID FY2026 ASSESSMENT RATE 8 Memorandum REPORT TO:Bozeman Downtown Business Improvement District Board FROM:Emily Cope, Downtown Bozeman Partnership SUBJECT:Economic Development Director's Report MEETING DATE:February 19, 2025 AGENDA ITEM TYPE:Plan/Report/Study RECOMMENDATION:Discuss. STRATEGIC PLAN:4.4 Vibrant Downtown, Districts & Centers: Promote a healthy, vibrant Downtown, Midtown, and other commercial districts and neighborhood centers â€“ including higher densities and intensification of use in these key areas. BACKGROUND:Emily will provide an update on downtown projects and maintenance programs. UNRESOLVED ISSUES:None. ALTERNATIVES:None. FISCAL EFFECTS:None. Attachments: BID EDD Report 2-25.pdf Downtown Tracking Sheet-Bus. Q1_2025.pdf Downtown Tracking Sheet-Dev. Q1_2025.pdf Report compiled on: February 10, 2025 9 Economic Development Director’s Report Business Improvement District Board February 2025 Maintenance Program Updates • Report downtown maintenance concerns on our website: https://downtownbozeman.org/report- downtown-maintenance-concern Below are the maintenance statistics comparing the year-to-date figures from this year (FY25) to the corresponding stats from last year (FY24). FY2024 Y-T-D FY2025 Y-T-D Total Avg/mnth Total Avg/mnth Difference Trash Emptied 2265 324 2497 357 +232 Recycling Emptied 477 68 498 71 +21 Graffiti Removed 168 24 135 19 -33 Downtown URD Project Updates • Downtown Parking Group: Next Meeting is on February 21. Group formalizing an action plan and next steps. For more information or notes from our meetings, please email ellie@downtownbozeman.org. • I-Ho Peace Park – Montana Main Street grant awarded for $30,000. Currently developing a fundraising plan and project budget. • Bozeman Creek – Pecha Kucha presentation to be given on February 19th & 20th at the Ellen. • Downtown Streetscape Standard – Final draft under review, plans to adopt alongside the Engineering Standard in early 2025. • 5th & Main & Lighting Project – In progress Upcoming Public Meetings: https://www.bozeman.net/departments/city-commission/advisory- boards/calendar • URD Board Meeting: rescheduled to March 25 at 12pm- FY26 Budget • BID Board Meeting: rescheduled to March 26 at 12pm- FY25 Budget Unified Development Code (UDC) Update The city has scheduled four in-person workshops held in various parts of the city, and two online workshops. The dates, times, and topics each workshop will cover are: • Transportation & Environment: Feb. 24: 12 to 2 p.m. online with registration to attend at engage.bozeman.net/udc • Transportation & Environment: Feb. 26: 6 to 8 p.m. at Gallatin County Fairgrounds, 901 N Black Ave. • Growth, Housing, & Neighborhoods: March 3: 12 to 2 p.m. online with registration to attend at engage.bozeman.net/udc • Housing & Neighborhoods: March 5: 6 to 8 p.m. at Chief Joseph Middle School, 4255 Kimberwicke St. 10 • Growth & Neighborhoods: March 10: 6 to 8 p.m. at Sacajawea Middle School, 3525 S 3rd Ave • All topics (Transportation, Environment, Growth, Housing, Neighborhoods): March 12: 6 to 8 p.m. at Willson School, 404 W Main St. *Note that due to discussing all topics during this meeting, topics will be condensed and not as large of a deep dive. 11 DOWNTOWN BUSINESS TRACKING Q1 2025 JAN-MAR NEW DBA MEMBERS BUSINESS ADDRESS DATE OF MEMBERSHIP Ballroom Dance Bozeman 1632 South Rouse Ave 1/16/2025 The IV Element 140 E Main Street, Suite E 1/22/2025 Big Sky Wired of Montana 1010 E Main St 1/23/2025 NEW BUSINESSES BUSINESS ADDRESS DATE OF OPENING Melt House S Grand TBA Spitz Bozeman 1101 E Main St. Unit 101 TBA Element Hotel Restaurant 25 E Mendenhall TBA Meili Vodka Between Bangtail & Studio Noble (upstairs)TBA Italian Restaurant (Name TBA)224 E Main St TBA Crossbow 127 E Main St TBA CLOSED BUSINESS BUSINESS ADDRESS DATE OF CLOSURE Sweet Peaks - West 628 W Main St January VACANT LOCATIONS BUSINESS ADDRESS DATE OF CLOSURE Shredmonk 121 W Main 2023 Cooper Black (frmly DTN Antiques)122 E Main 2023 Thrive 400 E Babcock 2023 Glove Beauty Shop 140 E Main St Suite E 2024 Wild West Foods 326 E Mendenhall 2023 Rare Bird (Relocated)131 W Babcock 2024 Red Sugar Dim Sum 33 W Main 2024 DBA DROPPED MEMBERS BUSINESS NOTES DROP DATE Langlas & Associates Moved outside of downtown core 1/6/2025 Wells Fargo "We don’t have anyone locally who is a decision maker on memberships as it is managed by the national team." 1/7/2025 Cyclebar Bozeman Closed :(1/8/2025 12 DOWNTOWN DEVELOPMENT TRACKING Q1 2025January - March CURRENT PROJECTS ADDRESS STATUS PROPERTY TYPE UNIT TYPE(S) NOTES (design professional, stories, etc) GRANT REIMBURSE MENTS Cooper Black (Dtn Antiques)122 E Main St In Progress Mixed 2 commercial, 3 residential Closure 6/3-6/8, Walkway through 2025 N/A The Baltimore 222 E Main St In Progress Mixed GL Restaurant GL Italian Restaurant, additional details TBA N/A Freestone on Main 421 W Main In Progress Residential 120, added Midtown and Downtown URD collab lghting project TBD Residential Incentive, Sewer Imp. Argreement, Streetscape Abby Hetherington Interiors 33 S Tracy In Progress Retail/Commerc ial 1 GL, 1 UG Langlas & Graphic Haus, 2 stories Streetscape, Façade, Utility, Fire- Safety grant approved and work completed 108 W Babcock 108 W Babcock Plans submitted/stre etscape deviation requested Mixed Pearson Design Group, 4 stories, proposed office/residential Mendenhall Flats 240 E Mendenhall Plans submitted Mixed Commercial, Office, 15 two and three bedroom condos Intrinsik, break ground in 2025 Schnee (left side of business)35 E Main TBD? FUTURE PROJECTS ADDRESS STATUS PROPERTY TYPE UNIT TYPE(S) NOTES (design professional, stories, etc) GRANT REIMBURSE MENTS The Scully-Old US Bank Location 112 E Main St 2025 Mixed 7-9, 4 stories Residential, streetscape Fire Station One 30 N Rouse N/A Mixed 50 units at 120% AMI 1.6M Workforce Housing Agreement - 2027 Block B (Salvation Army)32 S Rouse 2025/26 Hotel/Hilton Co. 191 keys, 6 stories, 137 UG parking spaces Block A 503-519 E Babcock 2025/26 Mixed 44 units, 7 stories 75 parking spaces, high-end Empire Site 606 E Main N/A Hotel Hotel Project 302 E Mendenhall 2027 Hotel Ag Depot 620-714 E Mendenhall Mixed Downtowner Building S Willson to W Main N/A Mixed Roof, brick and suppression restoration, applied for MHPG 2/29 BG Mill 714 E Mendenhall 18 condos, 5 stories NOT IN DURD Hampton Inn 507 W Main In Progress Hotel + retail 113 rooms, 3 retail, 4 stories *not in URD Sanderson Stewart Hotel Bozeman and Residences 1 W Lamme St In Progress Hotel/ Marriott 120 guest rooms, 29- two-bedroom, 5-3- bedroom, 71 keys 6 stories, Autograph Collection. *not in URD SMA Architecture 13