Collect annual property tax assessments for Downtown Richmond improvement district
Resolution 58-25
In Plain English
Downtown Richmond property owners pay annual assessments that fund extra cleaning, security, marketing, and maintenance services beyond basic city services. The assessments cost commercial property owners $0.15 per square foot and nonprofits $0.08 per square foot. If approved, the city adds these charges to your 2025-26 property tax bill and keeps 1% as a processing fee.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
6 to 0
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