Why Did We Establish the BID?
To take advantage of legislation that enables the city to create a funding mechanism through a private-sector non-profit to provide incentives and tools for both the public and private sectors to make renovations and improvements.
These tools could include infrastructure improvements, collaborative marketing, signage, lighting, a revolving loan fund for façade and sign improvements, and on and on.
Any projects determined to be in the public’s best interest and prioritized by the BID board can be implemented. A BID is an economic development tool to create jobs, improve the community’s wellness, increase business opportunities and entrepreneurship, provide housing opportunities and other supportive community facilities and campaigns.
These tools could include infrastructure improvements, collaborative marketing, signage, lighting, a revolving loan fund for façade and sign improvements, and on and on.
Any projects determined to be in the public’s best interest and prioritized by the BID board can be implemented. A BID is an economic development tool to create jobs, improve the community’s wellness, increase business opportunities and entrepreneurship, provide housing opportunities and other supportive community facilities and campaigns.
Free BID PR Handout
| bid_marketing_piece.pdf |
