The Longmont Downtown Development Authority (LDDA) is governed by a seven member Board of Directors, comprising of property and business owners or residents, appointed by the City Council to four-year, unpaid volunteer terms. The Board also can include two ex-officio members, one representing the City of Longmont and the other representing the St. Vrain Valley School District.
LDDA Board meetings take place the fourth Wednesday of each month at 4:15 p.m. at the LDDA offices, 320 Main St. Longmont. Meeting notices and agendas are posted on the LDDA website, at the LDDA office and the Civic Center at 350 Kimbark Street, Longmont. Board openings are posted at the Civic Center at 350 Kimbark Street.
The LDDA's purpose is to prevent deterioration of property values within the district and to assist in the development and redevelopment of the district. The affairs of the Authority are under the direct supervision and control of its Board which has all powers customarily vested in a board of directors of a corporation including the power to:
- exercise supervisory control over the director and staff of the Authority;
- study and analyze the impact of economic changes and metropolitan growth on the Central Business District;
- implement the approved Master Plan of Development
- plan and propose, within the plan area, plans of development for public facilities and other improvements to public and private property and to implement any such plan of development;
- cooperate with any governmental entity, particularly the City of Longmont and its Planning Department in developing long range development plans;
- make and enter into contracts necessary or incidental to the exercise of its powers and the performance of its duties; and
- to utilize tax increment revenues, as set forth in the laws of the State of Colorado and the Longmont Municipal Charter.