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Killeen Texas Form 1065 (Schedule C): What You Should Know

Therefore, it would be beneficial if a comprehensive business plan for business improvement assistance for downtown Killeen and its neighborhoods could be developed and presented to the City Council. The City of Killeen's business improvement plan has not been finalized, but the potential benefits outlined in this plan can enhance the economy in all of Killeen by enhancing the Downtown, The Loop District, and the Greater Killeen Business District. This plan should be developed in conjunction with the business community. The Business Improvement Plan was approved by the City Council in March 2017. A full document is available from Council Chambers, but here are a few highlights: • Downtown: The downtown business district will be upgraded with new public spaces, bike- and pedestrian-friendly streets, and walk ability. • Loop District: An enhanced public space will be created along the South Loop near Highway 288, and a pedestrian route will be created. • Greater Killeen Business District: A new public space will be built in the greater Killeen area, with a pedestrian pathway to Killeen Farmers Market. It will serve as a place for the Killeen School District to provide free or reduced-cost access to the business community. SUMMARY of proposed improvements: The new Downtown Killeen & Loop District Public Plaza is proposed and may replace a vacant plaza currently used as a parking lot. A pedestrian and bicycle path also will be created to connect the Plaza to the Loop District. The new plaza will be designed to blend into the area; it will be landscaped with plants and will have enhanced lighting and security features. The improvements to the Loop District will increase the downtown area's walk ability and ease transportation. The Greater Killeen/South Loop Business District is proposed for expansion throughout the entire City, and the Loop District is to be extended to include the Killeen School District. The Downtown Killeen Business District will be enhanced, including new sidewalks, public and residential spaces, improved lighting, public art, landscaped bicycle paths, bike racks, and enhanced pedestrian access. • Increased pedestrian foot traffic at the area's downtown pedestrian mall will create increased revenue to support the area's economic vitality. • An enhanced and enhanced bike way system including a pathway to the Killeen Farmers Market will help the area's downtown area to flourish. • An improved and enhanced area for business improvement will increase business opportunities, with better infrastructure for business improvement projects and increased safety on the streets.

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