May 21, 2025 — Boulder Junction Access District Joint Session

Transcript

Captions from City of Boulder YouTube recording.

[25:25] Is planning to roll out flexible voting zones on some of the paid and managed blocks, so the ones in blue. In late, uh, 2025. Those flexible loading zones will support short-term uses, such as deliveries, rideshare, service vehicles. Um, anything that's going to be under 15 minutes per curb. Um, so that's hopefully going to cut down on some of the double parking that we see, and make the curb use a little bit more efficient. Residential Access Management Program, or RAMP. Currently, there is a petition underway to create a neighborhood permit parking or NPP zone in Boulder Junction. Some of you may have heard.

[26:07] Um, we have around 20 of the required 25 signatures, um, that have been submitted on this petition. Our threshold is 25. Once we reach 25, we will send that petition, as well as preliminary data collection. Um, to seek counsel as part of our annual RAMP report. Uh, Council gives that the green light, then we will put together a proposal, likely sometime next year, if we can hit that threshold before the end of year. Um… And with that proposal, we will kick off, um. A public engagement process. So we'll notify all of the folks in the impacted area. We hold a public hearing at the Transportation Advisory Board and invite residents to weigh in on that public hearing. Um, TAB, which is the Transportation Advisory Board, the proposal. It will go to City Council for a final decision.

[27:02] Um, if we were to implement an NPP in Boulder Junction. We would add permit parking on top of the current existing, uh, parking schemes, so whether that's speed parking or unmanaged parking. We would have permanent parking. We would likely still have some blocks that would be reserved for paid parking only to make sure that we're accounting for the needs of the businesses there. Um, but we offer permits within the permitting section to residents, their guests, in-commuters, and temporary uses, like contractors. So we do try to accommodate for all use types, even with a residential product program. Or, as we call it. This could apply to any street. For more on the residential streets. Yeah, that's a great question. So, if… so, we have not created the proposal yet. Um, but if we created a proposal, we would likely be evaluating which streets are gonna make sense for having residential permits, and which streets are going to make sense to stay their current paid and time managed, so… likely that's going to end up looking something like, if the streets are on a commercial strip where there's no residences that, like, have direct access to that street.

[28:21] We'll probably recommend that they stay paid and time limited. Versus the streets that have you know, residential uses, like, directly leading out to that street. Then we might introduce a limited number of permits. Um, we would still… we would likely need to cap the number of total permits for the area, just because there… we want to make sure that there's not more demand than supply. Of parking, if you issue more permits than there are parking spaces, then you're not really doing anything to manage it, so… Um, there would need to be a lot of thought process into this particular proposal. Um, but I just wanted to… make sure that the commission was kind of aware of the ongoings of the MPP program and the current petition, because it would have the potential to help support the existing P.

[29:13] On-street, um, parking program, right? Um, if everything is then paid. People are less likely to crowd into the free neighborhood. They're going to be more likely to… to pay for parking there. So just out of curiosity. Um, I don't know how long to pay parking has been around since the beginning of the district, but We have a lot of empty storefronts over there, and some of the businesses are starting to come up. Paid parking is sort of a detriment to, um. A mixed-use district in creating the patronage, uh, has… Ever been discussed of eliminating paid parking for a while? To attract people to the district. Uh, can it be considered? So, uh, thanks for the question. The decisions around curbside management in this area are all guided by the Transit Village Area Plan.

[30:06] That was adopted by City Council. Back in… 2017. 2017? No, 2007, sorry, yeah, I knew there was a 7. And so… That's all, um, managed through Plan Development Services, and that's what guides the decisions and the policies that are implemented in Given the boundaries of that plan, from land use changes and All of the changes, the transformations that you've seen over the last 20 or 15 years. And so, if that plan were to change, if that would be a council decision to change the policy. Could that be an amendment in the comprehensive plan comment that it falls on this group? Manage parking, actually manage a runway. By a document that's obsolete from 2007. So, um… And certainly recommend that you participate in the comprehensive planning conversation.

[31:03] Um, and… whether or not that comes up as a policy shift. Needs to be determined. But doesn't… doesn't this group recommend… next recommendations to the comprehensive planning tool, or…? I mean, as it pertains to the decisions of the district, um, there might be an opportunity, I'm not sure if there's anything on the calendar right now for planning to come to And I think any of the commissions on the one planning board. Planning Board and City Council are the They have, um, the legal… jurisdiction over those documents, including the transit military plan. Um, this commission can certainly provide input that influences their, um, quasi-judicial responsibilities in those decisions, but… We're not the deciders. I think they're fine, too, if, um, we get to the end of the presentation. I've got some suggestions around that to make it a little bit… More friendly, so maybe they addressed some of your concerns, maybe they don't, but um… Certainly, like Chris said, there are opportunities to participate in the comp plan process.

[32:10] And we do have about… I mean, TBAP in general. It is a little obsolete, and it was put in, uh, adopted before any of this was built out. And so, I don't know if… we'd consider TBAT more of, like, a… anything more than, like, a guiding document. Which, you know, the district wasn't built out the way… exactly the way it was envisioned. With different screen connections, and the amount of units, and everything else, the way that It may have been envisioned in 2007. Yeah, I mean, I don't know if it's… I mean, how would it relate to even the comprehensive plan? An area plan as opposed to the comp plan. Every time there's subsets of the column. Okay, so is TFAP still, like, a living portion considered a part of the company?

[33:01] Yes, ma'am. So, I would also add, and I'd love to let Sam finish her presentation. Um, the elements of… of paid parking. Anybody can have free parking if a business wants to validate parking for their customers. That's certainly a program that we have in the downtown that we would like to make more readily available in other areas where we have manage parking, um, but… the concept of shared among a managed-made parking has been long time part of our overall success in our key commercial areas, so I… I don't know that City Council would be interested in And moving away from that. Approach to managing… And just to clarify, what I was suggesting, I think it's just, uh. Period of time where the district actually attracts people. And the business has become a business, right? That, you know, you give a period of a year and a half, two years, that there is free parking here, and people are coming, and then you bring it back. It's sort of like a… a break. I mean, I think there could be a case to be made that PBAP, as much as it calls for in one portion, paid parking.

[34:09] It also calls for a very vibrant active area, and that's something that I think the districts definitely challenged. By, you know, a lack of… I mean, MPC reference, a lot of commercial vacancy. So, and then I think the history is that the street parking wasn't always paid. I forget the exact year, but, I mean, TBAP adapted in 2007. Paid parking went on sometime when I came on out of this… December 2023. Well, there was some paper… Maybe some before that. I would say 2019-ish. Well, it's been… as developments have come online, so… Uh, it's been associated with the transition in land uses, is when, uh. In the history is, uh, in San Francisco. Give it back, yeah, just to… for Daniel to see it. I mean, the history really was that streets were full, and then Pete Park came on, and… cleared them all out. And we don't have to say that those businesses were in place, and there's a direct correlation there.

[35:12] But… it's easy to find a space, so to speak, if you like to pay for it. Thank you. Okay, narrowing in on the Depot Square Garage, which, as I mentioned earlier, we have slightly more control over the non-street parking, where, um. Your commissions. So, um, the Depot Square Garage has 392 parking spaces. It serves a variety of users, including Visitors, residents, hotel guests, and RTD riders. Um, this table shows the different entities that make up the Owners Association, which the district is one of them. Um, along with how many spaces each one has access to. One thing of note is, uh. There is a company named Cushman & Wakefield. They manage several key residential and commercial properties in Boulder Junction.

[36:07] Because they oversee so much of the district. Um, you'll see that a large share of the garage spaces are leased to them for use by their tenants. Right now, they aren't using all of those spaces, um, but that is in part due to Um, a number of vacancies in commercial spaces. That they manage, which include the large office space that was previously occupied by Twitter. Oops, that's the wrong direction. Um, when we looked at how the Depot Square Garage was being used in April, we found it was pretty consistently underutilized, averaging just about 17% full. With a peak just over 26%. That's only about 65 cars parked on average in the 392 space garage. However, that could be due to the RTD service that, um, stopped back in 2020, as you know?

[37:05] Um, and could return, you know. Or will return, hopefully, in September, as we've just heard. Um, but in the meantime, the garage has a lot of unused potential. Capacity, which presents an opportunity to better match Um, available parking with the needs of the district. Some common themes that we heard when we spoke to a number of different, um. Stakeholders in the district included Um, not enough parking for commercial tenants or for their visitors. The time-limited on-street parking makes it tough for residents, and yes, of residents. Um, property manage… managers mentioned that it's tricky to find space for moving trucks. And that public parking especially had access to the garage is not a whistleter to visitors.

[38:02] The staff recommendations based on our analysis are, first. We could explore buying, purchasing RT75 garage spaces. If you recall from two slides back when I showed you the allocation of space, 75 belonged to RTD. Um, if we were to purchase those spaces, it would open up more permits for local businesses, in-commuters, and residents. Um, which would be helpful since there's still about 182,000 square feet of vacant commercial space in Boulder Junction. One thing to note is if we did pursue this route, RTD users would need to either pay hourly to park in that garage. Purchase a permit, or use other ways to, you know, get to the station itself. They wouldn't have access to free parking. Uh, our second recommendation is to pilot an oversell of permits in the garage. This is a really common approach. Since not everyone uses their permit every day, especially with more people working hybrid or remote.

[39:03] Um, if we could oversell permits by even 10%, we could, um… we could help boost use without a whole lot of risk. Our third recommendation is that we can improve signage and tools to show how many spaces are available in time. Better signs of key decision points, and syncing with parking officer mobility tools. Could make it easier for drivers to find a spot and feel more confident about using the garage. So I don't know if you've pulled into 1500 Pro Garage, we have those variable messaging signs outside. Not only can they communicate in real time how many spaces are available in the garage, but we can also play different messages on them. Um, so if there's, like, a special event, that's going to be coming, we, like, for example, this weekend's Boulder Creek Fest downtown, we can put up a sign that says. You know, welcome to Boulder Creek Vac Design Activator. So, a lot of, um… full technology themselves. Our fourth recommendation is to offer free parking on weekends to help draw more people out.

[40:03] Shop, eat, or hang out in the area, which is what we do in our downtown Boulder parking garages, so this gets to your point. Of, you know, trying to make the area a little bit more… friendly for… for shoppers and diners and visitors, and hopefully be able to attract more businesses that way as well. Since most of the revenue from the garage is actually being derived from permits currently, it wouldn't have a particularly large financial impact to offer free parking just on the weekends, and it could help activate those global businesses. Our final recommendation is, if we are… this is an F, if we do pursue acquiring and are able to acquire RTV spaces. We could set some aside for residents of the area. Um, we can offer some discounted permits to those who qualify based on income. Um, the idea there being, you know, if you are not income qualified, the standard rate would still be the $150 per month, which is what it is currently.

[41:01] If you are income qualified, it would be a $75 per month raise, which is what they charge, uh. At those people square apartments, so keeping that consistent. Um, and I think that would be particularly helpful for some of the residents of that area, especially with the new buildings coming online, Boulder Commons. Um, and for 30 pearl, which does have some dedicated off-street parking, but not as many as there are dwelling units. And all that was in that as well. So I've got these questions for commissioners, our parking commissioners. Um, which is… do you have any questions about the proposed recommendations? And then, do you support moving forward with any or all of the proposed recommendations? Um, let me get to next steps, and then I'll come back to this slide, if that's okay? Um, so just right now, we're… we're receiving feedback. Um, from commissioners on these recommendations.

[42:01] Based on that, we'll put together a closed timeline and implementation plan. At the same time, we're going to be keeping an eye on the MPP, which, again, is sort of happening on a separate track, right? Not something that's dictated by this commission, but we are… we're hopeful that that petition does reach the 25 required signatures so that we can move forward, and we think that will be really, really helpful in this area, to be able to kind of manage it a little bit more consistently across Across the district, um, and… Again, that would go in our annual report to the Council. Um… One other really big update, which you maybe have heard about, is that the garage is planning to convert over to Metropolis by the end of Q3 of this year. For those of you who don't know, if you've driven into this garage here at the control or any of the other downtown garages we use. A platform called Metropolis to administer the paid parking. Um, it's really convenient because You drive in, you park, you register your plate, you only have to register for the system once, you… put in your credit card information, and then

[43:08] Anytime you want to park in any of the Metropolis garages, not only in Boulder, but in other locations too, you never have to take out your phone again. You just drive in, drive out, it's connected to your plate. So, it's, like, a super seamless system. And they do the validations really, really well, so I think it could be a huge benefit to those commercial businesses who are looking to offer some kind of validations for their customers, so… That's, um, that's a big deal, and we're excited for that transition. So I'll… I'll switch back to this question slide. And, um… If the chair would… like to start us off. So I have, um. So, I… I… very happy with the recommendations as they are. I guess one follow-up question I have… is really to Daniel's point, I think that we all share our concerns about Local businesses and making sure that they're set up to succeed.

[44:04] Um, I also have my own concerns about going purely free parking with over-usage in certain streets. So I love the idea of free parking on the weekends as a way of maybe kind of finding a mean between those two things. I guess my question is, with the work we've been doing with local businesses, is there any effort that we'd be doing to advertise alongside those local businesses about the fact that there are being local… that there being free parking on the weekends to maybe help drive Um, drive… traffic to the area during that time frame? And if so, what would be involved with that, and can any portion of the budget be worked worked towards that as well. Yeah, that's a great suggestion. We've certainly done marketing campaigns in the past for different garages, for example, when we transitioned to Metropolis downtown, we did a really comprehensive marketing campaign, and we actually got 20,000 people to register for the Kinsman Good Forward, even not live. So, there's a lot we could do, um, when it comes to marketing and communications, and that's another reason why

[45:10] Having something like a digital, uh, variable messaging sign, like the ones that are at this garage, can be helpful, because on the weekends, we had a program to say. Marie Berkeley! So it's, like, really big. So if we could put those in really key areas where people could see it, it's another indicator of, like, hey. We're open for business, we're friendly, we want you to come here. Um, so definitely… open to those suggestions, and… in terms of budget, that's… that's an elite question, but, um… We have, um, one of those programs currently happening. We partnered with the Genesis Public Partnership downtown. Here, uh, in order to offer, or to promote the free parking and graduates on the weekend. So that does currently exist. Yes, ma'am. Do we have any data of how that's working out? It just won't out, so no.

[46:02] We do not yet. No, but I will tell you that based on, um, just Can I go? Well, no, it's not anecdotal, it's database, but… looking… having, like, been… had my hands in the data for a long time when it comes to parking and access in Boulder, I can tell you our downtown garages are much more utilized on the weekends than they are during the weekdays. And that shift is… is like a pre-COVID, or a post-COVID shift that we've seen. Um, but we do see people taking advantage of it. People know about it, people… like, often tell us that they know about it, and that they love it, and they don't want us to ever take it away. Um, so it's def… it's a big driver, I would say. Um, it definitely, um. I think it helps with that perception of of being friendly to folks coming in. Shop and stuff like that. Question? Oh, go ahead. How much are we talking about to purchase 75 spaces from our TV?

[47:06] And that, you know, I understand the finances, how much money is saved, kind of thing, so… So, our original 100 spaces was $2.4 million. So, um, and that was… We're 10 years ago. Um, so it's not a small altog. Yeah, but it's… I mean, building a new garage is, like, four times more, right? Yeah. I mean, how do you better? I mean, do you value it on a replacement cost, or do you value it on a… providing the income there. So, what does that mean for RTE? Are they open to this? We've not explored extensively with them, but it's similar to the arrangement that we have in the downtown Boulder station. The city… Cajid owns the… The parking above the downtown Boulder station. Um, the arrangement back when this facility was built was We knew we needed parking, and we knew we needed partnership in order to make parking possible there.

[48:05] Um, and… but if RTD owns marketing, it comes with a lot of strings, like. But, uh, that make it hard to manage. An optimized utilization of those spaces, so… RTD is not allowed per state statute to Um, sell permits for their parking spaces. So the way that they're perfect spot to get used to sit in. So, how does somebody use the RTD space versus our space? How does anybody know any of that? So, um… when the station was open. Um, and so they're virtual spaces, they're not, like, you know, it's like, these are the district spaces. Um, if you… Or an RTD Parker, um, there was a validation screen in the transit station in the basement. She needed to put your license plate and information into. And that's how we were logged as an RCD code. And then that would… that would determine that if there was any revenue associated with that transaction, if your stay was longer than Um, two days, or you're an out-of-district partner.

[49:04] Then the system logs the revenue to RTP as it goes to Have you talked to brokers about whether there is a need for parking, or people are complaining there's not enough parking for these offices. Yes. To make it more attractive? There is significant interest from Kushner's Lake Build, as I mentioned, to purchase additional permits. Um, there's also… I think there would be interest from residential As well, um, just knowing that Boulder Commons is… just now coming online, and, um, they are… There are not enough parking… there are less parking spaces than dwelling units. Um, so it's… it's very reasonable to expect that some of those partners may wish to purchase a residential permit as well. I think if we opened 75 spaces. The Cushman with Bill would purchase all 75 of them if we… If we let them. Um… So… I'm not worried about… whether or not we'll be able to sell permits, if that makes sense, but we still need to balance

[50:14] All of the different users of the district and make sure that we have some parking available for people just coming for the day, right? So… I don't know if that answers your question. And so there's… in a way, guaranteed revenue, if we wanted to. Right. Right. Disperity is prohibited by legislation to take advantage of opportunity we serve in these spaces. Yeah, we didn't want to approach RTD unless we had the support of the Commission to even engage in those conversations. So, if we have… I mean, you look at the peak parking from the study, and the Fed, peak parking, we're at 26% utilization. Maybe we could oversell permits I mean, you mentioned 10%, but really.

[51:01] 2x or 3X before I ever… run into a problem. Right, I mean, we would want to be cautious in our approach, because Um, things are rapidly changing in the district. I mean, as Will said, there's new folks moving in every single day. And so, we don't want to, like, be overzealous in our oversell of the permits in case The utilization does increase, as I mentioned, Fisherman Wakefield Um, who holds up. Voices on a number of those permits. They're not using all of them yet, because there's still spaces commercial spaces that are Um, that are vacant that are going to be coming online, and so they're holding onto them for when those folks come in, so… Um, that's why I suggested, like. You know, being a little cautious and and oversaw, but yeah, certainly, I mean, over the next couple of years, we can continue to adjust it and tweak it. And see where it needs to be. Currently, the city… our standards right now in the downtown area is a 10% over sale.

[52:04] Which I think is why I say I'm sorry, there. And these passes are guaranteed year over year, or you could retract them. So… They're monthly… well. Yeah, they will be monthly as soon as our metropolis kind of takes over the… the garage, but essentially. They're yours until either you stop paying for them, or you tell, um… You know, the parking management, whether it's Metropolis or us or whoever, you're leasing it from, that you no longer want it. Um, so… As long as you keep paying their years, you can't retract a parking post. It's not a great customer service. We try not to do that. Yeah, but you do bring up a good point, because, you know, we've had this happen downtown, where Books hold onto their permits for a really long time. Even if they're not using them. Um, and so that can, you know, that's part of the reason why we're always looking at those oversell numbers, and we're looking at utilization constantly, because We want to make sure that we're using these assets

[53:09] To serve as many people as we can in the best way possible. Can there be a clause if it's not used over 6 months, you have to get it back, or do we have the option to take it away? We've explored that, um, if there's a waitlist, um, for… permits. Currently, we don't have really very many waitlists in our downtown, so it's something we've explored. Could also be a pricing strategy, where you can keep it, but it's like the… they can home, uh, tax, uh, not using it. Uh, you can keep it, but it's going to get more expensive. Yeah, we don't currently have that strategy that you're talking about, but we're open to it and exploring it further. Assets that we have. I don't know if you want to take a look at the… recommendations, one by one, or how we'd like to discuss them through, I think.

[54:04] Informal review from mine. I mean, I really like 2 through 5 as a way of… inducing demand and getting things rolling, I think. There's probably a larger discussion about whether that's the best use of the district's budget to buy spaces, given the utilization rates. To your point, I think it's a fair discussion about, you know, how long does it take for us to break even on the 2.4. But… or we don't actually know the number at this point. Maybe RTV would just give it to us, since they've been delivered on so many other investments. I mean, there's also… I had I guess my follow-up question to that would always be, you know, what would happen Just because of my experience in working in parking in the past, like, what is our… what is our obligation for maintenance and upkeep and… other things that we might be creating ongoing budgetary items.

[55:04] 4th district if we were to engage in that, I don't know. What I don't know there. I do know that Upkeep alone can be substantial at the same time. It's a legitimate concern, is having access to parking, so I don't think it's purely financial question, because I think that financial concern affects cost of housing and livability, and also the business of the area, but to your point, I do think it's actually fair To look at these individually, because I kind of feel like there's a likelihood that that 80% of what's up on the screen is, like, a pure consensus. Most people are going to be on board with. Um, what are y'all… what are y'all's thoughts on that? Are you okay if we say. That's awesome! You're in proof of that, but maybe not… All of it at this point? Yeah, well, we're just looking for feedback now, unless if there's… If all three, uh, parking commissioners, or I should say, over my dead body, the three… well… It's parking only, so you're at the path of, uh, Daniel. You're over my dead body, that this is, uh, anything that that you would ever consider.

[56:08] Um, that is good enforcement. Two through four, I'm 100%, I think all of those are wonderful. Recommendations, and one I'm completely open to. But I'm not 100% sure. I just want more data on what our obligations will be. One of my biggest concerns to that, and through all this, uh, Daniel's earlier points, and to Robin's as well, is that I'd like to see some investment in the north end of the district. Yeah. It's… I mean, to Everen's points, and Chris, to your points about, you know, paying and everything. If you go into Sun Dry, if you go into Cassiopeia. You know, if you go into any of those northern retail shops. There's no way under any circumstance they're gonna park in that garbage. How do… how do we support those businesses? Like, that's… I think that's the biggest… how do we not only support those businesses, but fill those empty retail? I want to see investment in that, and in solving that problem before we double down.

[57:03] I'm buying spaces in an empty garage. Yeah. Just, uh, a vibrant district is a district that you see cars. That every parking spot on the street is taken, and that is the case right here, on the east end or on the west end, right? Like, if you see A lot of cars, it's like, okay, this is vibrant, something's happening over here. So, if that would be free. Then encourages people to go there, and then all of a sudden encourages people to go and park in their garage, because that's the only option. And that's how you start making money. So, now we are the on-street parking. I found that garage. So, to the degree that we can support all those businesses in that part of the district. With some free options, uh, then… You know, it'll push people to the garage, because there's no other place to buy. And so, just to comment on it. The Commission, unfortunately, by ordinance, does not have any… I'm just having… and so we do have control, the Commission does have control over recommendations for how we manage the district, um, spaces in the garage, or any other

[58:07] District-owned assets. Not the… not the on-street spaces. And so. The dynamic is challenging, because that's a… Where we have… where we have control over pricing. Incentives would be in the garage for them. So, just so I understand, understanding that the scope is limited for us. Is there an advice that we can give council, like we were talking about on this matter, that, hey, consider this at least? This is what we're gonna do, we'll consider this. Uh, should certainly… we can inform the radical comprehensive plan and participate in all that. But seems like parking is, you know, it's… is a full equation, right? Uh, so… But trying to ultimately, how do we support these businesses? How do we bring more people here? That's what we need to do. And certainly the signage on the parking garage that says free, that'll help.

[59:07] Just… just going back to the north end, there is a public parking garage. It's not by the city, it's not managed by the city, it's privately owned. Farage offers public parking spaces, and it is right by Cassiopeia. Shot there, so… there is some public property available there. But there's… it's not a very… But it is part of the parking portfolio of the district that we've built. And do more work around marketing and wayfinding. Right. Around those assets. And I don't know if the current status of that, and it'd be interesting Maybe I can help figure out that occupancy and that garage, but… if there was… interested in the district buying spaces out of the background.

[60:02] We're certainly in the realm of possibility that Cage has done that before, purchase structured parking garages from commercial developments. I've built in my… some information is in your packet, but… From my understanding, talking, like. It's in… it's, like, underneath the timber building. Um, it's… it's shared between residents. They do sell permits for some of the commercial buildings nearby, and then they have public parking, so it takes a share of all of it. Um, and it's a… it's a decent-sized garage. Um, there's quite a bit of parking there, so… That can certainly be, uh… recommendation of… the board, or the commission. To staff is to explore you know, either marketing strategies or other opportunities? Well, I'd say maybe, um, on item number one, instead of being specific to RTDs, 75 spaces in the Deephill Square garage.

[61:04] It's expiration of purchasing or leasing parking in the district that allows us to better, um, enhanced access opportunities for businesses and others. Yeah, I think that that's part of it, and that sounds great, and then I can just add. You know, ways to… ways to support few retail… I mean, locations that are there. And how to attract more. I think those are… space. Both spaces that were vacant for a long time for a variety of reasons. But, I mean, how do we… you know, the restaurants and the vitality that we really thought was coming was the… put up kind of neighborhood taco shop, and the ice cream shop, and all that. That there just hasn't been much interest around. And… I don't know. I think it would be nice to support those current future of retail clinics.

[62:02] All right? I like your alteration there, to have slightly more expanded information on that. Unless I'm mistaken, I think the rest of the commissioners would appreciate that as well. Just so that we have some feedback for the staff on this matter. Are we pretty much in agreement, though, that there's pretty broad support for items 2 through 5? Yeah. Yeah. Yeah, for me. And I think more information on one, and the costs associated with that, and then… not just purchasing, but also operating them as well. Yeah, and it's interesting, you know, as much as paid parking is a… part of our… some principles there, so is our shared parking. It seems like there's a lot that we're going to be sharing more permits based on the tranquilization rates, so… All right. Okay, which leads in? Yeah, thanks, everyone, for your… Yeah, nice work. Thank you.

[63:06] All right, now we'll shift over to, uh, 2026 budget planning. Elliot has a high-level overview of our upcoming budget process, which will be reviewed for our longer time. Uh, commissioners, um, and, uh, news for newer commissioners Um, there's some preliminary thoughts on where we're moving with the district budgets. So, Elliot, under you? Totally. Thanks. Uh, good evening, Commissioners. Just, uh, as Chris mentioned, kind of going into the 2026 budget development, um, traditionally, this is when the city's Start student budget development is, uh. So, right now. Here's a little bit of a timeline of what happens when. I apologize for the small font, um, hopefully this was included in your pack, and you can kind of see a little bit more of the details. Really where we're at, um, May 23rd, this Friday, is our next coming up deadline, um, so that's really not… significantly changing anything within the budget, um, in terms of enhancements, or in terms of decreases or increases.

[64:12] Um, this is more just taking what do we have, status quo, and does it need to be put in different buckets for spending purposes? Um, so that's where we're at now. The next one is June 27th, which will incorporate the changes that we, um, have success a little bit here at our commission meetings, um, in terms of, like. Uh, are we going to be exploring a, uh, mill levy reduction? What does that look like to the fund financials? Um, are we gonna explore, uh. Doing a capital improvement with Barton signage, uh, increasing parking revenue, those types of things. So that'll all come more with the June 27th deadline for those types of things. July commission meetings is when we're going to discuss, basically, the final submission that Um, we have gotten… we had, I guess, more forgiven to… Uh, the executive budget team, a team of City Manager's office, as well as some of our

[65:08] Directors, uh, in terms of what we're suggesting for the 2026 budget, as well as the 2026 through 2031 CIP. Um, so you will all have that information in the July Commission meetings, and Um, at that point, we'll be asking you for a recommendation moving forward to City Council. That'll be both for TDM and for parking. And then, in the full city side, September 11th is when they're planning to have the first study session of the budget, so Council will be looking over the entire budget, the entire city. Um, some may have some questions about districts, um, just kind of TBD on what they decide to jump into. And then, uh, the first reading, which is really the change of the ordinance to actually appropriate the funds happens on October 9th, however, it's not until October 23rd that the district budgets actually get officially voted on by the Board of Directors, i.e. City Council, um, for the appropriation in 2026. So.

[66:13] Come November 1st, we should have a solidified budget, um, all things pending. Any questions so far? So, looking at kind of where we were for last year's, um, performance, so I'm going to start every slide. For every section starts with parking, so… Hooray for those who made it to the parking today. Tdm will follow, it's just alphabetical, no preference here. Um, but if we're looking here at the prior year revenue performance for parking, um. You can see property taxes continue to outperform what we anticipate. A lot of that has to do with, um, the developments coming on and those assessment rates actually applying to the new developments. Um, property taxes are quite a bit in the rear. Um, the assessment rate doesn't happen every… except for every 2 years.

[67:03] And then once a building actually gets reassessed, that assessment rate doesn't actually take effect until the next tax year, which doesn't get collected to the next year after that. So it's very much in arrears. Um, we tried to buffer in some of this with the pilot payments when new developments were coming online, the payments in lieu of taxes for people who either join the district, or for those Kind of catch up these for once the… parcel went from a… a certain amount to a new developed amount, which, um, helped us collect revenue, provide those TDM benefits, um, faster. Parking did not have a pilot catch-up. Uh, parking revenue, I will take a note here and say it looks like it's doing crazy. That is timing of payments. So, we actually receive our revenue from the condo owners' association. We do not collect it directly. Um, so we have to work with them to remit a check to us for the parking revenue as part of a member of the Condo Owners Association, and The timing of those payments was, um, a little off for 2023, and they spilled into 2022.

[68:08] So, that's why it looks like it's so… Amazing. And maybe it will continue to be amazing like that if we do, uh, increase our parking permits. Investment earnings, and specific ownership and tax came in pretty well at projected. Similar story to TDM, of course, we don't have actual parking revenue here in TDM. Um, the property tax growth wasn't as great, um. In terms of what we were expecting versus what came in. Um, a little bit has to do with, I think, some of the developments happened maybe a little bit more within the parking and lessen the TDM, even though they overlap. On the expense side, um… Good news is, we came under-projected, um, so it's always good to come over-projected in revenue and under-projected in expenses if you're going to be off by anything. Um, we'd love to be right on the nose, but that's always difficult.

[69:00] Um, but the bad news is, on the capital improvement side, uh, specifically for parking, we did not spend a whole lot of capital, actually, no capital improvement dollars in parking. Um, part of that is because, uh, we're waiting to make sure we have a good capital plan moving forward before we actually act on it. Um, and things like the signage at the, uh. Deposlare parking garage would certainly be one of those. Christine, I don't know if you remember off the top of your head how much these lollipop signs… No dice, sir. I remember, like, 50 apiece? They were pretty pricey. But anyways, I digress. Um, on the TDM side, very similar. Um, we do have some economic vitality and district management funding for that program within TDM. And we did spend some pretty decent dollars there. You'll… the activations that, um, we had down in Boulder Junction, we're in part because of that. Um, but you can see we did not spend what we anticipated.

[70:05] I will say this year, given the commercial area's blueprint and the district analysis. Because of the impacts to Boulder Junction and what we're trying to do with Boulder Junction, whether it's combination of the districts. Whether it's a new district, whether it's changeability, any of those types of things. All of those studies, um, are also being funded by Boulder Junction, so we'll see some costs come out of both parking at TDO to help cover costs. In part by Boulder Junction. Yes. Did I say in full? No, you just do it. Oh, yes, they're not paying for the whole thing, they are paying for… They're contributing to it, yes. A contributing partner would be other districts Um, so, fund balances. So, what is the projections and revenue and actuals and revenue and expenses, et cetera, look like in terms of fund balance? Um, the beginning fund balance there on the left, um, was what we… there's the projected versus actuals. Of course, not a lot of change there. We… the fund balance shouldn't have changed a whole lot. The only thing that would have is any sort of weird year-end accruals that we didn't capture during the development of these fund financials, we didn't really have any

[71:13] The ending fund balance change, though, because of our increase in revenue over projections and our decrease in expenses over projections. So, that's why we have a little bit higher ending fund balance than what we anticipated. Yes, I guess my question is, so basically, we're looking at the revenue on a cash basis, like, not an accrual basis for 2025. That's why it looks disproportionately higher, because we're actually just Like, the cash that came in? This is all 2024. Okay, sorry, so 2024, but this is, like, because we also got payments in from 2023, though? Yeah, so… Do we know what the numbers would actually be if it was just, like, just what was earned? Well, going back to the parking revenue that came in, so you can see we anticipated about $80,000, and we brought in about $210,000.

[72:00] Of that, probably about 80,000 came in from 2023. So, it's… it would have technically been about, instead of $220, about $140. Um, which is a little bit closer, but it's still… It's still overperformed, but just not as substantially. Correct. Okay. Good. Um, so then TDM's fund balance, similar story, ending fund balance is a little bit higher than projected due to those, uh, increases in revenues, especially in property taxes, and then decreases on the expense side. So where are we going? Um, so these three columns represent 2025 adopted. So, basically, what we put forward in 2024 Uh, as what we anticipated to create revenue and also expenses. Right now, we're looking at the source of funds, so the revenue. Um, the 2025 projected is basically Do we have any changes since then that we have put forward? Um, and then the 2026 draft is what we're developing right now. So, again.

[73:02] The draft does not include any changes in the middle levy, because we're still kind of TBD on those directions, and especially in terms of where the district goes, so we have a lot of work ahead of us in the next Month and a half, um, to really get our heads wrapped around that and how that would impact the fund finances going forward. Um, so that's kind of what these three columns represent, again, on the source of funds. Property taxes, we are anticipating some growth there, um, and mainly because that… those assessment rates are coming in. But we do have a little bit of headwinds in property taxes across the entire city, not just Boulder Junction. Um, with what has happened in the state legislative level, and then also Some of the assessment rates on some of the properties actually came in lower this year. Um, so as property owners, you probably know, as you've got some of your assessed reports that they came in lower. You must be looking at your benefit. Good question. What is, like, what's the delta, though, if the mill levies were reduced, or go away, or is that… are getting there?

[74:08] So, um, we're not… Gonna get to it in this slide, but I will say it's a ratio base, so… as we decrease the Um, well, let's see, parking is 10%. Or sorry, 10 mils. So, if we were to, say, hypothetically cut it down to 5 mils, we would look at basically a 50% reduction. Um, in the parking portion of the revenue. Okay. Some of that has a little bit of a caveat, because the state legislative level in terms of revenue collection and revenue limits, but there's not a lot of… really limits and parking or two together. So is that approximately $50K in this circumstance? Um, if I remember doing the analysis, uh, each mill levy Each single mill levy drop was about a $30 savings for $500,000 residential per person.

[75:01] So, extrapolated across all of the properties, I'd have to run a bit of numbers on that, but… It's not a huge cost savings. To the property owners, unless the property owner's very large. Um, and it's… but there is a decent decrease in revenue from that, so… 500K is what we're looking at parking. If we were to decrease it. To 5 mils, um, there may be a… place where we're getting closer to that 250, 300. So that obviously has a bigger impact on fund balance going forward. And given the discussion tonight about, does Parking Explore leasing or purchasing, thinking about… there's kind of two sides to the coin. There's the revenue and the expense, right? And revenue is great if we can program the expenses, right? So we always want to provide a service to the taxpayers, that's our mission. Um, so if revenues continue to grow, as long as our services continue to grow, then it's kind of a nice correlation.

[76:03] Um, as long as the community members see that benefit. Thanks. Um, TDM, a little bit of flattening. Um, this is kind of due to the size of the district, um, and how it's already been kind of developed a little bit. And then also with the affordable housing Um, uh… development that has also happened that it's… exempt from property taxes. On the expense side, um… 2025 projected capital improvement program is extremely huge. Uh, that is in part because the amount of money that has rolled over from the previous year And the way this graph looks. So it goes from 0 to 450, so it looks very big. If I were to change the scale, probably would have been a little bit more accurate in terms of how much of a change it is, but…

[77:00] Because we didn't spend any money, uh, substantially from parking. In 2024 that rolled over into 2025, so it gives us a bigger balance. What were you supposed to spend the money on? So, we had a few things programmed in terms of, like, activations, but there wasn't a specific capital improvement program. Those signs that, uh, the wayfinding signs that were installed, that was a little bit of his money left over was from the signs we didn't have the expenses anymore, those signs that was in part by their… Just so I understand, that project is… Complete it, but it's correct, and it's… Does it need more signs, like, we missed one or two, it would be great to, sort of… No, I think a couple more, kind of thing. Yeah, I think the last one that we were wanting to install was installed Sometimes I see they can just jump down, too. You want to touch base on that, Regan? Yeah, just confirming that project is complete, we installed the final signs last month. Yeah. So we were waiting on, um, some coordination with a prop viewer, um, and we had that coordination and agreement finalized.

[78:07] And, um, so yes, the project is… And I guess, is there a post-occupancy analysis? Like, we're done with a project, did we miss something else? You know, because they usually, you're on the nail every single thing inside of your boyfriend on the first game. Yeah. So I will say that the weight binding signage is more of a marketing campaign than it was for actual, like, wayfinding. So, as to let people know, hey, you're in Boulder Junction. As you can see, the signs themselves Um, we're much more of, like, a marketed type of material to really express what Boulder Junction is, um, and the wayfinding is a little more unlike the Nuances of, like, here's parking and those types of things. Those have not been finalized. I don't have a sense if this is… a lot, or a little, uh, I don't know what's left, I don't know how much money we're saving, or… Is there a way to see the full picture?

[79:04] So, part of this is… what we tend to do is have a bucket for capital improvements for each of our districts. So we have a line item in the CAP board. Downtown and hits me. So as needs come up, it's $100,000 in that job. I think we've allocated the same amount of money Um, in Boulder Junction, we're a much smaller space. Um, and there just wasn't a project that came to fruition out of the… out of the… Um, woodwork last year that spent those dollars down. There's not… it's almost kind of… it's just a discretionary um, capital budget, if there are needs that arise. We do have capital needs in the area. Um, we know that the state of the infrastructure and the Depot Square Plaza area needs some help, been waiting for all the construction to wrap up. And of course, that all… that all area is managed by our owners association, not directly by the district.

[80:02] Um, and so, uh, the Owners Association's gonna be able to do any of those investments. There's a lot of other infrastructure elsewhere in the district that could probably use some attention. We do have a walkthrough scheduled, um, was scheduled last week. Um, it's getting rescheduled. Um, we do know there are capital needs, uh, and so we would… intend to use that bucket. Of capital dollars to spruce up infrastructure. So I understand the scope is… There's the signage, there's the parking and the assets, and the maintenance of those. Is that the scope of the district, or…? I mean, I guess I'm just thinking of economic vitality, and activating and bringing people, which is what this could be. It meets, and… Uh, rather than… doesn't seem like parking is the issue here, right? We have plenty of parking. And it's empty, it's like, just how do we bring people here is the biggest issue.

[81:00] In the scope vary here, and think of different ideas. Yeah, I mean, the timing is really good. Prior to the last couple years, the fund health of the district was not Right, because we were paying off significant. That associated with the garage. We're now in a completely different space. Where we are bringing in more money then we are now spending. But there's a, uh… desire to maybe just adjust the mill levy down to our operating expenses. Um, yeah, as far as the scope of the district goes. Certainly the… for parking specifically, the primary function is to provide parking and access-related infrastructure. But, uh, the forming ordinance is open to other things that promote the health and well-being of the district. Uh, which is why we invested in things like the branding. Um, effort and wayfinding with the science that we've been I would… the program with all of the events last year.

[82:02] Right, so we've spent money on activations with the Roots Music Project and all of the districts, and we're Well, we… that all comes from conversations that we have with the Commission. So, we have, uh, we've had retreats in the past. And I've identified the top priorities. A number of years ago, one of the top priorities was branding and wayfinding. That's what translated into resources to do that, so… It's your first meeting. Uh… We will certainly be working to schedule this later on in the agenda, some time for us to all get together to do some collective, uh, strategic planning and, uh, priority setting to inform work plans Over the next several years, uh, as we seek to deploy these funds in a way that can be most impactful for the future. Be right, though. I mean, that's a big… the big thing is activation, bringing more people in. Parking, you know, parking didn't have much of a capital improvement, because capital improvement was such a high.

[83:02] It's not a whole lot of space left to… build more gras? That this discussion's new and different, we're gonna purchase more spaces in that garage. But… parking has been paid 10 mils, um. Tdm has been paying $5. Parking, like, we need to have this discussion. This year in particular, how are we going to spend this now that we have growing revenue. Expenses are pretty flat. On the TDM side, and… correct me if I'm wrong, but to me, the one major expense has been the Eco Passes, and everybody in the, uh, district has gotten, and those expenses have gone down. You know, have gone down the way that probably the service has gone down. You know, Dan, going back to prior discussions, it's just, like, the services are there. Tdm, TBAP, uh, document was first codified and passed. Everyone anticipated that we'd have a world-class transit system with a train that went back and forth from Union Station, and an underground buses with buses kind of running in and out of there, you know.

[84:04] That's not… not the reality of where we are. So, we have to find better a gap on proven graduates. Yeah, and as the owners, we do… we are responsible for our portion of any capital improvements that the HOA does Do on our behalf, no? I'm sorry, sorry, I'm telling Ellie. That's a different commission. Hoa being the… restaurant, the hotel, that housing, and our TV. And the parking garage, yeah. So just that corner, if you call it, on the east side when you enter. Right? And then, one question to Elliot. Now that we have the power and set pretty much built out. Understanding that there's some non-property tax properties in there. Did all those properties, are they in both districts? Uh, nope. 30 Pearl are both in board districts. You're talking about the affordable housing project? Well, and, um, Morgan Creek, there's market rate housing in there, too, in the old, let's say.

[85:03] And the affordable retail that's not being taxed together? Well, but they do the… properties paid, um, payment renewal taxes to the districts. Oh, got it. So there is work. There is revenue, it's just not through the county. Um, through separate invoicing. That Elliot's team does. And this is the pri… these are the priorities that this group voted on earlier this year as, well. What you were really interested in focusing on. They're focusing their energy on. Um, and I think this through re-evaluates that every single year, based on the changing landscape, because things are constantly So… Um, there's, I assume, and Chris, correct me if I'm wrong, I assume there's room to change this if necessary, but this felt like the priorities a few months ago. Can you read it? Yeah. Do we need to zoom in more?

[86:05] It hasn't been updated yet, because it needed to be accrued for PDM in the agenda. So yeah, these are always evolving. Yeah, right, I mean, I think, you know, 1 and 2 there are really aligned. Like, if we don't have a capital improvement plan, or request it, or even an ambitious capital improvement plan. Then we're looking at decreases in the middle of either. You know, a place now that we're finally at the point where the district to help out, we have some better projections on what revenue's gonna be. Very, very exciting. So… Uh, does the… TRAP2 regulated… well, not the regulated plan, both. The plan that the city's putting together In all the improvements they're suggesting, transportation connections that were outlined in the land use. Uh, are those… Informing anything here, uh, through how… sort of what are these are going to make sense to pay for?

[87:01] So, currently, uh. The district is not responsible for any of the TVAP Area Phase 2 infrastructure. Um, we've certainly been involved in planning process, if they're… Well, even in… Phase 1 Boulder Junction, there was a bond initiative that built the Capital Fund. That… that made a lot of the horizontal improvements that were not a responsibility. There couldn't be, um, pushed to adjacent property owners as part of their development needs. Um, and so it's kind of an evolution, but the district is not the thunder over the majority of those improving city baseline. And, uh, what about the conversation on the train? And it was just still not even in the… in this world right now? We're… we're following it, and we'll see what happens. The radio again this morning. Uh, the governor is pushing really hard, uh. And it won't be necessarily a high-frequency train that was originally promised, but it seems like quite possible that by 2029, there will be Uh, 10 trips… a day. Um… Which might mean 10 trips north and 10 trips south with 20 trains a day going through the site.

[88:22] Um, which should be interesting. We'll get to that, I mean. I presume RTD is not going to let go of those spaces. If that's what Verizon was 29th? Rtd is not, uh, uh… Park and rides are not a money maker for them. That's more based on a dated model. Um, it's more suburban, so they're going away from the… Uh, it's not a… yeah, it's not a top priority for them. Um, and this will not be RTD service. The, um… yeah, the joint services agreement would be Front Range Rail. Through the state. Um, it will not be RTD RTV will be paying a portion, they will be contributing toward the cost of… the service, but they will not be the operators of the service.

[89:14] Would it then be covered by the EcoVest? Yet to be determined. It won't be free. Good. I'm sorry to mute this, I'm not clear as to… Was there anything wrong? We needed to decide on this? Was it just part of informational purposes? This one's more informational, preliminary, as we march toward the July meeting, where we're going to have more specifics, and want to hopefully get a positive recommendation from the Commission for Council. Um, jumping in again, the TDM use of funds, um… 2025 projected, again, this is kind of just some carryover of encumbrances, that's why we're looking at some of those expenses there.

[90:06] Um, and then the capital improvement program, we had some unspent dollars as well. Again, that's going to be going towards the, the, uh. District analysis phase 2 work. Looking at, uh, Boulder Junction, what we're kind of doing there. So, a contributing partner, not a full funding So, uh, what this does for the fund balances, um, here's parking, uh, kind of looking at it, so… Um, stable growth, nothing aggressive, um, but that's, you know, based on current space, uh, if you change things, obviously that would have an impact on this. And then TDM, a little bit more aggressive growth there, and mainly due to the, uh. The expense side of things, less expenses at PDM. Um, due to, uh, program. Um, so really, the next steps, we're going to be looking at, um, if there are any increases to operational items, we need to start conceptualizing those.

[91:07] Moving any allocations to where we spend it, and then that, uh, phase of any enhancements. So this is where we would be looking at Do we expand any TDM programs? Do we offer any new TDM programs? Um, do you do any, um, investments in parking assets or leasing spaces, those types of things? So that'll be the next kind of phase that we're working on. And then, um, all of this to say, we still have very big to-do list, not just in Boulder Junction, but also across the other districts, as well as for the city itself. Um, one thing I will say is the on-street parking portion of Boulder Junction is actually a general fund of revenue. Producer, so a little bit… weird nuance there, but, um, that also means that we have some general fund dollars that help us kind of do some enhancements out there, and I know I think the parking meters, or the pay station kiosks are up for replacement in the next couple years or so.

[92:00] Um, just make sure that we're ahead of that, so that would be some things coming in there. Remind me, Dad. Like, the district would pay for those, and the revenue would go to the general fund. The general fund pays for the pay stations. Sure. As does parking enforcement. Great. Any questions? The end of the show. I would love to, just for… as we're working on the draft budget. I think there's some key themes that we've been hearing from the meeting today around support for businesses, um, and support for some more specific elements in SAMS. Presentation, those are things that will translate into, alright, we need to allocate money for the digital signage, for instance. Um, in our recommended budget. Are there other things that you would like to make sure that we are considering Um, in, uh, building up the budget.

[93:01] Well, I mean, just… I do think, as one of our priorities. The activations that we did last year, I felt were very successful. They seemed very well attended. I think that also is part of… of… partnering with the local businesses and making sure that we're making that more visible, and it is one of our priorities, but I'm sure that's already included, but I just wanted to highlight it in this space as well. Great. I actually asked her to follow up on that, and just ask if… there's sort of a way of knowing over time what activating tactics are most successful. Bring people to the area. But is it more about getting the people who already live there to use the EcoPass they have, do not live in the area to come there for commercial all the information of reason. Good question. I mean, we did some fun activations, which were, you know, we have bands, we have all the, um. You know, the partners come out and do… community types of things.

[94:03] Are great for a Thursday evening, or something like that. I think that the long-term vibrancy, in my mind, is having sustainable businesses, residences. Retail, but they're all there, and then pushing to support them, the vacancy and the entire district has been… disturbingly high throughout all those… for a variety of… It's all circumstantial, but… Yeah, I think that was the whole vision, man. People go to work there during the day, and then the work people leave, and the residents come home, and… you know, it's more of, uh, more hours activated during the day. Yeah, and so, you know, how do we make it a place where Office users want to go, residents want to go. Of retail shops. Are there estimates on how many, like. I don't know what would be involved with this, but how… if, rather than an office worker going elsewhere, they just extend their time in the district by another hour, two hours.

[95:08] Put an after-work drink, or dinner, or something like that, like. Do we have a way of figuring out what, like, the rate of return is on that? For those businesses, because, like, if we can give them just to stay a little bit after work. And what can we do? Within our capacity, obviously. What we could do… like, to just extend, not about I think the stubborn thing is, I think the most common thing I hear about Boulder junction is… what is that? Well, I mean, there's this stumbled inability, like, there's a stubborn, like, uphill battle with, like, trying to get people to recognize this Unique and very cool district. There's a lot of cool stuff going on there, but, like, also. You know, maybe just working the people we have, but just slight extension, that's the goal. And I don't know what the… I don't know what that is. That's an interesting way of putting it, like, in an incremental incremental participation on the part of the people who already have tie to the district goal? Is that really cutting about United compared to somebody completely fresh interaction.

[96:10] It's a warm cell. It's a warm handoff, as opposed to a cold one. I mean, maybe another way of asking the exact same question, like, if there were more money to spend on activation area, would everybody want? Or the same? Specific. We can certainly explore. We don't want to be, uh, cruise directors or party planners sitting. But, um, but we do like to work. We have a number of partners that do like to be party planners and cruise directors, and so… working, um, on ways to engage with them and help sponsor and support Their work in the public realm. To create fun things. Um, for residents, visitors. Employees alike repair it. Certainly something we've been working on in the past, and we can continue to prioritize, uh.

[97:03] Resource planning. I will say, I mean, that's a little bit of what we were… trying to get at with the wayfinding, or at least design it. I mean, I think an issue with the district is that it's not very visible. Like, you drag down Broadway, you walk down Broadway, you bike down Broadway, and you see the Pearl Street Mall. And you know, that's activated, I can see that, I want to go there. We don't really have that. Yeah, that's true. Yeah. Yeah. You know, like, if you're riding down the Goose Creek path, you know, what's gonna make you get out? I think that they're all great questions, and I think that's, you know, given the fun health of where we are now, we certainly have an opportunity to explore some of those investments. Um, so I… I mean It's nice that we're in that scenario, and that the Pollard debt is paid off, um… So, it's great you guys are thinking about it, as we are as well, and I know Regan's been thinking about a few things as well from her District Vitality side.

[98:03] Um, so certainly be looking for some programmed dollars, uh, 26 and beyond to help support those types of things. Is it fair to say that property owners don't see the benefit of family balancing? They're saying that we're not getting much out of this. There's no value, perception of value, right? I presume that's… I guess that's what I heard from a lot of people. And therefore, we should reduce the male skills. Nothing is happening. In the absence of nothing, then people say, yeah, I'm not going to pay, so… Wondering if… In my opinion, I'll just answer that, I think that's more on the parking side. Working now, we have the debt paid off, you have that there. There is that benefit for those people that realize that parking structure. Ongoing, I think that's… that's a question we've talked about a lot. What should that 10 mil be? 10 mils be reduced, eliminated?

[99:01] Did it be combined to 7 mils across the I mean, that's what I've got to figure out. And Regan's here to dive into that. Next agenda item. Anything more… a bit more on the budget? Rodrigue enough to Regan, and hopefully she can start to answer some of those questions. No pressure. So much pressure. Um, good evening, everyone. Regan Brown, Senior Project Manager. Happy to give an update on the Improvement District analysis work. I don't have any slides this evening, just a verbal update, but happy to answer any questions. Um, I'll start with a high-level summary for the newer commissioners. We have been working with Progressive Urban Management Associates, also known as PUMA, They are a Denver-based consultant to assess how our districts should evolve. Um, and what financial and governance tools we can deploy to better meet current and future challenges.

[100:05] Um, in our existing general improvement districts. So, Boulder Junction. Downtown, also known as Kajit, and then University Hill, also known as Eugid. While also some broader considerations for other areas, such as the civic area, um, western city campus, which is being construct… constructed up near Alpine Balsam. Um, and then 55th and Arapaho as well, which serves as a large employment center for the city. So, the recommendations that stemmed from this work were presented to City Council on April 24th during a study session. It was essentially the same presentation that we shared with you all during the Joint Commission meeting. On April 8th, I believe it was. Um, and I'm happy to share out the memo from that, uh, City Council meeting for the newer commissioners, if you'd like to dive in deeper to the recommendations, or have Ellie share it.

[101:01] Um, but the recommendations, particularly the exploration another potential downtown development authority, also known as a DDA, were well received and supported by Council. So happy to dive into… Um, a few key next steps, starting with the DDA exploration. We are still in the process of finalizing, um, a scope of work and timeline for next steps, but for the DDA, we are working backwards from the goal Um, of a potential ballot measure in November 2026. And so next steps will involve bringing on a consultant team. The intent is to continue working with PUMA, to support financial modeling, um, evaluate existing governance structures. And boundary development and lead community engagement efforts as well. One of the additional recommendations from PUMA is to explore the potential consolidation of the BJAD districts.

[102:04] This would, um, lead to potentially significant changes, um, and implications for mill levies and governance. Um, and we anticipate more detailed support and guidance from PUMA. Um, on how to approach this work in their final report, which is expected by the end of June. So happy to share that out with the commissioners once we receive that report. And then, in parallel, we're also scoping work for the development of the commercial areas blueprint. Um, this will serve as a strategic vision plan that will really help guide longer-term investments. Um, it'll outline actionable tactics and inform city staff work plans for all of Boulder's commercial areas. Um, over the next 10 to 20 years, and it will be developed in close coordination with the Boulder Valley Comprehensive Plan update.

[103:00] And this will be a really great opportunity for deeper community engagement around what the community desires in terms of what makes a commercial area vibrant, what makes it attractive. So, more to come on that. Um, we'll continue to keep you all updated, especially as we move into the implementation phases for these recommendations, but happy to field any questions in the meantime. Thanks, Regan. Any questions for me at this point? All right, thanks for hanging out with us for the last couple hours. For your 5-minute update. Thank you. Of course! All right, last item on matters from staff is also a short item. We had a commissioner, or chair of the Downtown Management Commission. Has suggested that he would, um, like the opportunity for a joint Commission Summit in the context of strategic planning, uh, planning retreat, identifying priorities and identifying synergies, uh, between priorities.

[104:10] This is largely tied to connections between the downtown and University Hill District, but There's also a need for connection, good connection between downtown and Boulder Junction. Um, and so we've just been bringing that suggestion or request to each of the commissions to make sure that they're feeling warm to the possibility. Um, would likely… I think we're targeting October for such a thing. It would be a multi-hour, um, facilitated Um, retreat-style effort that allows us to dive into and hone Um, uh, district priorities, and also community vitality priorities, and how they serve all the districts together Um, I'm seeing some nods. Um, nobody hates the idea. Um, so, Ellie and team will be working to get that… get some holds on calendars, um. October will be here before we know it. Uh, so, uh, more to come.

[105:04] An agenda, you know, development and what the day will look like. I promise we'll feed you. Um, and uh… I have lots of time for stretching and other engagement. Yes, we host, we offer a host out at ECAP. Yeah, the Roadhouse, uh… uh, basement. Yeah, it's a great spot. Or the Rocky Mountain… Uh, Institute has a pretty nice space in the area. All right. Uh, Ellie, you heard it here. I'm sure, and I just noticed. We will focus on free. Uh, so… But there might be the Twitter, uh, space. I hear it's available. Um, that concludes matters from staffing, unless there are any questions. Rebecca's gone, correct? Rebecca is gone. She did submit a written statement.

[106:02] That Ellie is prepared to share. Hey, fantastic. In that case, we're going to have matters from Commissioners, specifically the pocket part. I think so. Alright, so from, uh, Chair DuMichel. The Fuckin Park has been unusable by the Neighborhood for a long time. In an area with limited green space. This relates to the parking district as construction workers are parking illegally on the sidewalk. I did see an enforcement officer on Monday. I'm driving over the sidewalk to park on the grass, which is now mud. I don't know if the construction companies are paying the district for the damage or avoided parking fees. But they're not parking in the public garages. This ties to the public comment from two meetings ago, where the bollards in the plaza have been damaged and not replaced. I'm not sure what remedies the Commission has, or what background staff can provide regarding the rehabilitation and reopening of the pocket park. So the commission should be together. Thank you for sharing that.

[107:02] Do we have comment from the staff? Absolutely. Um, so… As I mentioned earlier in the meeting, we're working with the Depot Square Owners Association on getting the the bollards and other infrastructure in the plaza area probably up to a city would be repaired. Parks and Recreation has also prioritized Um, the completion of the pocket park. Landscaping and turning it into an official city park. Um, I think they are planning to, um, get that work done. Um, certainly by growing season next year. Um, with some work happening this year. Um, they'll actually be… staff will be showing up at the September meeting? I believe, I'm looking at Ellie, but she's multitasking. Um, Mark Davison from Planning, or from Parks and Recreation will plan to attend a September Boulder Junction meeting. Yes, we discuss, uh, the pocket park, um. Scope and budget, because they are short and in need of support, um, financial support to… to implement.

[108:07] And so, um, we will likely be turning to the Commission's to, uh, give a thumbs up. For a district contribution to get the park, um. Improvements made. Thank you for that update. In the meantime, is there any enforcement going on that could possibly help mitigate this issue in the short term? That's a good question. Um, I believe the park was included in the space that the developer was allowed. To use in the development agreement during construction, so… it's… there's… It's a challenging space. They're almost done. I don't know if there's been any other complaints for parking enforcement out there related to construction, because we do hear this, you know, the impact of construction vehicles a lot.

[109:00] In other parts of town that are more established. We haven't been getting a lot of complaints Um, in this area, I think people are just kind of… They're kind of used to it major complaint, is how many tires I pop, like, on my bicycle. On your bike. I always popped the tires on my bike over there. Alright, can we get a graph over time and see a decline? Uh, once construction's done. Just send my, my, my… Now, I don't know why they go on. I don't even know what it is. So… Thank you very much for the update. I appreciate you taking that seriously. Okay, we have the… do we have any other comments on Pocket Park for the staff, or… Okay. Our next… BJAD Commission meeting will be at 4 p.m. On Wednesday, July 23rd. And with that… I go right to adjourn. All right. Right