Support Local Journalism Although the board approved MainStreet to spend up to $750 on the project, Executive Director Shannon Mullen said only $250 had to be spent. With a quarterly newsletter only costing $1,000 annually, Coday said he believed more should be sent out prior to meeting with the city council in November. âSome of them could be an invitation to a public meeting, or we could tell them what weâre thinking and get some input,â he said. Although the newsletter contained information on the tax levy and valuations, Member Kevin Main said he would have liked to have seen more information on BIDâs purpose and work.