Business Improvement District

Fund revenues will be generated by commercial and multi- family property owners that are located within district boundaries. Residential properties containing less than four units will not be assessed.

Benefit Area Minimum
(per parcel)
Maximum
(per parcel)
Rate per
Lot Square Foot
Rate per
$1,000 Total
Assessed Value
Area 1
Corridor Zoning
$200 $1,000 2.5 cents 60 cents
Area 2
General Commercial
$100 $500 1.3 cents 30 cents
Area 3
Industrial
$50 $250 0.6 cents 15 cents

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