Title
Agreement for Downtown Economic Improvement District
Body
RECOMMENDED ACTION (Motion):
Staff recommends that the City Commission authorize the City Manager to sign the Agreement for Downtown Economic Improvement District (DEID) for District administration.
BACKGROUND:
The City Commission passed Ordinance 15-1003 on June 17, 2015 approving the establishment of a Downtown Economic Improvement District for a period of three years. The attached agreement is between the City of Oregon City and Main Street Oregon City, Inc. and complies with Section 11 of Ordinance 15-1003 that authorizes the administration of the DEID. If approved, this Agreement will remain in effect for the life of the current DEID which will be until July 17, 2018.