A downtown development authority

we're getting these DDAs, deeper debt for alls, you know, the development authority and the metropolitan district

Um, my next question kind of circles back to the DDA.

I think the timing is absolutely right to place ordinance 8763 regarding the downtown development authority on the ballot in November.

I'm asking you to refer the DDA measure to the ballot and let the district electors decide.

potential for a DDA on August 6th that would be looking at economic stimulus

Staff (75 min.) i. Civic Area East Bookend P3 ii. DDA Formation Update

the DDA that Boulder's talking about. I just I'm here talking on my personal capacity

Consideration of a motion to accept the May 28, 2026 Study Session Summary regarding the Downtown Development Authority Formation Analysis and Recommendations

the potential creation of a Downtown Development Authority

It is the Downtown Development Authority referred to as the DDA formation analysis and recommendations

The whole DDA area-wide, any natural appreciation continues to flow to the existing taxing entities.

Downtown Development Authority (DDA) Formation Analysis and Recommendations

you'll get more information on an update on the DDA process, and just kind of an update on all things downtown.

Something that's under exploration by the city as a whole is the Downtown Development Authority, which would look at increased property values to offset operating expenses

downtown development authority here as well as talk of metro district. How does the ven diagram work?

certainly where the DDA fits in. I know that's a long-term revenue generator

you have probably seen uh news related to the city's exploration of a downtown development authority

regarding the Downtown Development Authority (DDA) Formation Analysis and Initial Recommendations

there's talk about the development of a Downtown Development Authority. Both have real implications

We look forward to be involved in encouraging other funding opportunities, like the potential Downtown Development Authority, CCRS

we could talk to you about both the DDA and the East Bookend Partnership process.

I think it's the Downtown Development Authority that they're discussing.

including a downtown development authority. We're currently working on exploring formation of that in the downtown area.

So, these are just examples of how DDAS can really support largecale transformational projects.

it would also kind of create that strong community leadership model whilst maintaining city oversight.

Staff's initial direction is to explore a standalone DDA model with a transition period built in.

No, it's just the DDA area. It's within the boundaries of the DDAs.

but Fort Collins, and maybe some of these other, you know, DDAs around here, even Longmont, I'm thinking, might be helpful to take a look at

DDAs do have the ability to bond, particularly if there is a larger scale kind of capital improvement or redevelopment opportunity.

It's a part of um the downtown development authority process which is continuing that you'll see in March.

urban renewal, downtown development authority, um even looking at the use of our general improvement district

the tools that we are beginning to explore and try and put in place in different ways from DDA urban renewal

I know we just wrapped up this conversation about the DDA

the intent is a 1-1-2027 start date for the DDA

Being included in the DDA area, but not necessarily receiving the benefit of the DDA

slowing down the Downtown Development Authority conversation and slowing down metro districts

You all are familiar with Metro District conversation, Downtown Development Authority. Urban renewal even to an extent.

We're exploring a variety of economic tools, from DDA to metro districts to BURA to a whole variety of things

We're analyzing the financial feasibility of a DDA, looking at tax increment finance projections, the use of a potential mill levy

They're meant to explain what a DDA is, what they can do, share best practices from other communities

We're going to talk mostly about some of the next steps related to Downtown Development Authority

We recognize the effort that is going into creating economic support for hightraic areas such as the downtown development authority

as you start considering items like a downtown development authority, urban renewal area, metro districts

there are other tools we're exploring we have talked about a downtown development authority

so much of what we might do with a DDA and all of these things

key priority projects and improvements that the DDA would potentially take on

but the DDA update's coming up next, so you may want to stay tuned on this call

I have been attending the, the new Downtown Development Authority meetings.

will support efforts like our Downtown Development Authority Exploration, which is well underway

we're also encouraging more robust funding mechanisms through the DDA and CCRS

the DDA is separate. I think it needs its own.

the DDA is just in the top section, by the way, that's not even enough

expanded incentives um our work towards a downtown development authority

It's also the mechanism behind a proposed downtown development authority.

and then the board of directors of the Downtown Development Authority, is mostly businesses

with the plan of development, and ultimately, the voters have a role in kind of setting some parameters

which gave the initial, recommendation to explore a downtown development authority. That was well received

as we learn about where things are going with the Downtown Development Authority

As you know, we are in the early sleeps of exploring potential automation of the DEA and Downtown Development Authority

Steal all the ideas. They do have the DDA.

as we explore things like DDA or possibly um I know metro district has been something on your mind

I wanted to give you a brief update on the, progress on the Downtown Development Authority exploration.

With some mention of the DDA, but we'll still be in the midst of the technical meeting

Because the vote for the DDA won't happen until November of 2026, after the budget for 2027 has already been established

conversations like the Commercial Areas Blueprint, or the DDA,

the funding from a DDA certainly can be directed towards initiatives that support TDM

We will be assessing the DDA governance structure, including potential impacts on existing districts

I am here to provide an update on our exploration of creating a downtown development authority

identifying the boundaries of the proposed Dpa, getting us all set up for a conversation with Council in spring

recommends the exploration of the downtown development authority would be something we're pursuing

particularly the exploration another potential downtown development authority, also known as a DDA

they assumed it was about the Dda. You brought it up.

I've done some other research on Deas, and just how effective they are and the wisdom behind them.

it will have connections with the Dda work that you all will be talking about the districts analysis

the question of whether or not we were going to be doing a Dda.

one of the key recommendations is exploring the creation of a downtown development Authority.

and if there is a formation of a Dda.

We had a great conversation with city council, followed by last week's conversation on Dda's business improvement districts

They talked about a downtown development authority. Part of that district's analysis is looking at

There's also in the state statute a provision for a council representative on the board of a DDA.

Uh my second question is DDAs. You didn't I always like like pros and cons.

is this notion of a downtown development authority. I mentioned in my introduction, I've worked with Boulder

Nope pitfalls of a Dda. boy. There's not a lot there's there's about 2 dozen of these throughout the State of Colorado.

the potential for a downtown development authority that could potentially encompass both areas and Broadway

folks have been talking about a downtown development authority for a year, 2 years longer.

the whole downtown Development authority is something that was new to me

downtown development authority is something we've heard from both ends of the barbells, if you will.

We have heard a lot about the potential to create a downtown development authority that encompasses both downtown and the hill

a potential creation of a Downtown Development Authority could help accelerate Economic Development and public investment in alignment with our goals

a potential creation of a downtown Development Authority could help accelerate Economic Development and public investment in alignment with our goals

So certainly the bid the Gid also downtown development authority.

exploring the Downtown Development Authority which could be an investment tool for for the broader downtown area

exploring potential tools like Downtown Development authorities Urban renewal and others

We have in boulder several of these obviously gender improvement districts, but also urban renewal authorities, downtown development authorities.

if you do a Dda, for example, that that the property value increase

exploring other long term district funding mechanisms, such as the downtown Development Authority, also known as the Tda or business improvement district

We tried to go down the bid Dda Road. There was a lot of talk about that surrounding the Ui tab last year.

some funding strategies that have been raised in discussion to tackle this issue include establishing a downtown development authority

from a Downtown Development Authority to a potential bid so that we can you know have the funding

establishing a Downtown Development Authority which could help fund General improvements and additional programs

perhaps creating a DDA to maybe create a bid

like a downtown development authority where where there is, you know a a general agreement that this area is gonna have specific planning source

There was the concept of the downtown development authority.

And so the question would be if Boulder wants to pursue that funding mechanism, what is the boundary of our downtown development authority?

the formation of a uh, yeah, it's a downtown development authority. But uh, specifically for the uh University of area.