Gallup BID At-A-Glance
Name: Gallup Business Improvement District (BID), Inc.
Location:
Approximately 35 blocks bounded roughly by Historic Route 66 to the north, Hill Street on the south, the West Y at Eleventh Street on the west, and Cliff Drive on the east.
Improvements:
The Gallup BID will provide improvements and services to commercial properties located within the central business district of Historic Downtown Gallup. BID services enhance but do not replace basic City services. BID improvements include initiatives to improve the business climate, physical appearance, sense of welcome, and overall marketability of downtown to attract new businesses, consumers and visitors. Improvements should contribute to security, convenience, efficiency and comfort for business owners and employees as well as local residents and visitors.
Cost:
For the period July, 2009, through June, 2014, each tract of commercial property within the BID area shall be subject to annual property assessments in the amount of 1 percent of the assessed value of the property under the 2006 real property tax assessment done by the McKinley County Assessor's Office.
Operations:
Gallup BID, Inc., a non-profit corporation, will operate the BID through a nine-member board of directors appointed by the Mayor of Gallup.
Location:
Approximately 35 blocks bounded roughly by Historic Route 66 to the north, Hill Street on the south, the West Y at Eleventh Street on the west, and Cliff Drive on the east.
Improvements:
The Gallup BID will provide improvements and services to commercial properties located within the central business district of Historic Downtown Gallup. BID services enhance but do not replace basic City services. BID improvements include initiatives to improve the business climate, physical appearance, sense of welcome, and overall marketability of downtown to attract new businesses, consumers and visitors. Improvements should contribute to security, convenience, efficiency and comfort for business owners and employees as well as local residents and visitors.
Cost:
For the period July, 2009, through June, 2014, each tract of commercial property within the BID area shall be subject to annual property assessments in the amount of 1 percent of the assessed value of the property under the 2006 real property tax assessment done by the McKinley County Assessor's Office.
Operations:
Gallup BID, Inc., a non-profit corporation, will operate the BID through a nine-member board of directors appointed by the Mayor of Gallup.
