Create Downtown Richmond Property and Business Improvement District
In Plain English
Property owners in downtown Richmond would form a special district to fund improvements and services beyond what the city normally provides. District members pay an annual assessment based on their property value. If approved, the district could fund things like enhanced security, street cleaning, marketing, and beautification projects.
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Votes
Motion · Official minutes
Approve the Downtown Richmond Property and Business Improvement District
6 aye · 1 nay
Why This Vote Matters
Downtown Richmond property owners can now form a special district to fund extra services like enhanced security, street cleaning, and beautification projects beyond what the city normally provides. Property owners in the district would pay annual assessments based on their property values to fund these improvements. The council approved the measure with broad support in a 6-1 vote, with only Councilmember Boozé dissenting. This gives downtown property owners a tool to collectively invest in upgrading their area, similar to business improvement districts in other cities.
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Related agenda records
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Downtown Richmond Property and Business Improvement District - Declaration of Intent
Downtown Richmond Property and Business Improvement District Assessment
Downtown Richmond Property and Business Improvement District - Authorization
Downtown Richmond Property and Business Improvement District Renewal
Downtown Richmond Property and Business Improvement District Assessment