COM 1060.005 2020-2022 - Laserfiche WebLink

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5SUPPLEMENTALIMPROVEMENTS The District Association may elect tofurther improve the District by undertaking special projects such asappropriatepub|icrestroonns, enhancedstneetscepeand/or |andscape, wayfinding and signage, lighting, pedestrian pathways and surfaces, as well as improvements y included in the Downtown Hilo Multi-Modal Master Plan orother improvements permitted under Hawaii County Code section S5-3/h\. Associated expenses, including debt service, shall bepaid with special assessments and other revenues. � � 6INCIDENTAL EXPENSES The incidental expenses ofthe District that shall bepaid with special assessments and other revenues of the District including the county's administrative expenses directly incurred in the collection of assessments, management and administration expenses, and other operating support expenses. 7BDDCE7 7.] FISCAL YEAR The District shall operate under a fiscal year contemporaneous with the County (July I June 3O\. Aproposed Budget shall set forth the total amount proposed tobe expended for such fiscal year. 7.2BUDGET FOR THE FIRST FISCAL YEAR The proposed Budget for the first fiscal year, as set forth below, is based on the following premises: • Provide minimal services equal in all districts to enable O hours/day of security and cleaning 5days aweek; • Nolandscape maintenance services inthe first year; • Contract homeless outreach coordinator; • Minimal marketing events the first year; • Contract for dayto-daymanagement and agrant writer; • Anticipated assessment revenue isnet ofincidental expenses (e.g, County's administrative costs related tothe collection and disbursement ofthe assessments); • Supplement the assessments with a grant to cover the total budget costs. The Board shall, as soon as reasonably practicable after the commencement of the term of the District, adopt the actual Budget for the first fiscal year, which shall not exceed the proposed Budget set forth below: