FAQ – BID
What is the Alameda Corridor Business Improvement District?
The Lakewood City Council established the Alameda Corridor Business Improvement District (ACBID) by ordinance adopted on July 28, 2003 under the provisions of the Colorado Business Improvement District Act. The ACBID service area is comprised of commercial property/business owners in Lakewood with boundaries adjacent to Alameda Avenue from Sheridan Blvd. to Carr Street on the north, and Sheridan to Allison Parkway on the south. Within the corridor, commercial property owners voted to tax themselves to make their community cleaner, safer, and more vibrant.
How is the ACBID funded?
In 2003, commercial property/business owners in the Alameda Corridor voted to assess a property tax on themselves at a rate of 5.72 mils. The tax is a self-assessment by those business property owners to support services provided by ACBID. Residential and non-profit entities in the ACBID service area do not pay the tax.
Is ACBID Subject to the Taxpayer Bill of Rights (TABOR) Revenue Limitations?
No. The initial ballot measure establishing the ACBID mill levy provided ACBID is authorized to retain all revenues from all sources in 2004 and subsequent years and spend the same for any lawful purpose.
What is the purpose of the ACBID?
Under the provisions of the Colorado Business Improvement District Act, the ACBID serves the public purposes of promoting the health, safety, prosperity, security, and general welfare of the people in the ACBID service area as well as the surrounding community. The core vision of ACBID is to inspire a thriving business corridor on Alameda where people desire to be!
How is the ACBID governed?
Pursuant to the 2003 ordinance adopted by the Lakewood City Council, the ACBID is governed by a seven-member board of directors. Each member of the board of directors must be an “elector” within the geographical boundaries of the ACBID service area. Members of the board of directors are appointed by the Lakewood City Council to serve three-year terms.
The ACBID is managed by an executive director. Alameda Connects provides the services of the executive-director pursuant to a contract with the ACBID. The current Executive Director for the ACBID is Tom Quinn.
Is the ACBID required to file any documents describing its activities and budget?
Yes. The ACBID is required to submit an annual operating plan and budget to the City of Lakewood by September 30 of each year. The Lakewood City Council must approve or disapprove the operating plan and budget within 30 days after receipt from ACBID, but no later than December 5. The ACBID’s operating plans and budgets are considered public records. Click here to see the current year ACBID operating plan and budget. (CREATE LINK)
In addition, the ACBID is required to file its budget and a Certification of Tax Levies with the Colorado Department of Local Affairs in January of each year.
When and where does the ACBID Board of Directors meet and can the public attend meetings?
The ACBID Board of Directors meets quarterly. Meetings are held on the fourth Thursday in March, May, and August; and the third Thursday in November from 12 noon to 1:30 p.m. All meetings are held at the offices of the ACBID and Alameda Connects located at 275 S. Sheridan Blvd., Unit 108, Lakewood, CO 80226. All meetings of the board are open to the public.
Meeting notices are posted at the Lakewood City offices located at 480 S. Allison Parkway in Lakewood and other locations as required by state law.
Where are the records of the ACBID kept and does the public have access to those records?
Under the Colorado Business Improvement District Act all business records for business improvement districts are public records. Business records for the ACBID are kept at the ACBID office located at 275 S. Sheridan Blvd., Unit 108, Lakewood, CO 80226.
You may request copies of ACBID business records in writing by sending a request to this address or by email to email@example.com. Please call us at (303) 274-1807 with any questions about requesting records.
What kinds of projects does ACBID work on?
ACBID focuses on the core areas of street beautification, corridor safety, and economic development. The ACBID annual operating plan sets out the details of programs as well as the budget for each of these priority areas.
Public art projects have been a cornerstone for ACBID street beautification from the start. Follow this link for a list with photos of all the ACBID sculptures, murals, and other public art installations!
Who do I contact if I have questions about the ACBID?
All questions should be directed to Tom Quinn, Executive Director for the ACBID. He may be reached by phone at the ACBID office at (303) 274-1807 or by email.
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