DMPED Grantmaking Authority Emergency Declaration Resolution of 2024

This resolution declares an emergency to allow the Deputy Mayor for Planning and Economic Development to quickly issue a $500,000 grant to the Golden Triangle Business Improvement District. The funds, originally set aside for downtown planning, are intended to support the creation of a Downtown Sub-Area Plan for the Golden Triangle neighborhood. Because the Deputy Mayor currently lacks the specific authority to give these funds directly to a Business Improvement District without a competitive process, this bill temporarily bypasses normal procedures to prevent delays in economic development planning. The measure takes effect immediately to ensure the planning activities can begin without further interruption.