Business Improvement District: Difference between revisions
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Mayor [[Maurice Cox]] raised the idea at a budget work session on [[March 12]], [[2003]]. <ref>{{minutes-citycouncil|when=March 12, 2003|id=195908}}</ref> | Mayor [[Maurice Cox]] raised the idea at a budget work session on [[March 12]], [[2003]]. He said money raised could go to pay for mall improvements. <ref>{{minutes-citycouncil|when=March 12, 2003|id=195908}}</ref> | ||
==2012 - 2014 == | ==2012 - 2014 == |
Revision as of 21:25, 17 June 2017
A business improvement district is a specific geographic area within a community where property owners are levied an additional tax that goes for a specific purpose. The idea has been raised in Charlottesville on at least two occasions but one has not yet materialized.
2003
Mayor Maurice Cox raised the idea at a budget work session on March 12, 2003. He said money raised could go to pay for mall improvements. [1]
2012 - 2014
In the fall of 2014, the Downtown Business Association of Charlottesville began investigating the creation of a Business Improvement District|business improvement district]] to help raise revenue to pay for additional services in and around the Downtown Mall. [2] However, they withdrew the idea in March 2015. [3]
Background
The idea was to levy a 13-cent property tax on land and buildings around the mall. However, the concept drew the opposition of many landowners. [4]
City's community improvement district
The City of Charlottesville had previously discussed the idea in December 2012. Economic development director Chris Engel documented city history on the issue in a memo. [5]
References
- ↑ Web. Charlottesville City Council meeting minutes, .pdf, Council Chambers, City of Charlottesville, March 12, 2003.
- ↑ Web. City Council supports formation of special downtown tax district, Sean Tubbs, Charlottesville Tomorrow, August 19, 2014, retrieved September 2, 2014.
- ↑ Web. Downtown business association withdraws tax district request, Sean Tubbs, Charlottesville Tomorrow, March 2, 2015, retrieved April 27, 2016.
- ↑ Web. http://cvilletomorrow.org/news/article/20225-tax-district-questions/, Sean Tubbs, Charlottesville Tomorrow, February 22, 2015, retrieved April 27, 2016.
- ↑ Web. Business Improvement Districts, Chris Engel, Memo to City Manager Maurice Jones, City of Charlottesville, December 20, 2012, retrieved April 27, 2016.