Open to a Business Improvement District?

In recent editions of the Grand Island Independent, it was reported that groups of businesses along 2nd Street in Grand Island were pursuing the creation of a Business Improvement District (BID).

Modeled from other successful BIDs including the South Locust Street Business Improvement District, the Grand Island 2nd Street BID would assess the property owners along the 2nd Street District a per front footage amount. If a front footage amount equaled 66 feet, this would be multiplied by the front footage amount of 3.50 for a total yearly assessment of $231.00. This amount would be collected and subject to support the overall purposes of the District. Typically these purposes are for the upkeep of sprinkler systems, maintenance of green spaces, and sidewalk creation along the property owner's portion of the District corridor.

A St Paul BID?

Would commercial property owners along the 281 Corridor or in Downtown St Paul be interested in such a project? Comment now!

1 comment:

Anonymous said...

It would be nice if certain people along the hiway would improve their appearance. How long is that white stone house going to stand, before it falls over? Do something with it!