Downtown Business Improvement District Meeting, 03/26/2026

The City of Laredo's Downtown Business Improvement District (BID) held a committee meeting on March 26, 2026, focusing on administrative and operational matters. Key procurement-related discussions included the ratification of gift funds totaling $19,000 from the City of Laredo, Laredo Chamber of Commerce, and Main Street for district activation and a downtown summit, as well as approval of payments to the Webb County Appraisal District for certified appraisal role data, with a 2025 payment of $1,126.75 and authorization for future payments not to exceed $5,000 for 2026. The board also approved designating the International Bank of Commerce as the depository for district funds and authorized execution of related agreements. Additionally, the board amended investment policies to separate the duties of treasurer and investment officer, appointing Oscar Lettuce as the investment officer to ensure compliance with Texas Government Code 2256. Board member resignations were accepted, and new appointments were made to fill vacancies. Discussions also touched on parking enforcement, security enhancements, and coordination with city departments, though no direct contract awards or RFPs were reported.