Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: 2014 Annual Budget for BLC Special Improvement District Purpose: Introducing and Approving 2014 Annual Budget of the BLC Special Improvement District in the estimated amount of $551,719.00 for the calendar year 2014 (January 1, 2014 through December 31, 2014), $305,460.00 from assessment and $246,259.00 from private/public contributions.Amount: $551,719.00 Budget Period: January 1, 2014 through December 31, 2014 Additional Information: - The amount anticipated to be raised by the special assessments to support the Budget of the District is estimated to be $305,460.00. - $246,259.00 of the SID budget is from private and other public sources and is the sole responsibility of the BLCSID Partnership, Inc. - Ordinance 6PSF-b April 17, 2013; created the BLC Special Improvement District in the South Ward. Note: Public Hearing to be held on December 4, 2013