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Property owners seek to create improvement district in downt

By Clip Syndicate
Property owners seek to create improvement district in downtown

http://eplayer.clipsyndicate.com/view/12513/6979509 Video: Property owners seek to create improvement district in downt
Property owners seek to create improvement district in downtown
http://chic.clipsyndicate.com/video/playlist/12513/6979509?cpt=8&wpid=2637 Thu, 29 Jun 2017 00:36:05 +0000 Property owners seek to create improvement district in downt Property owners seek to create improvement district in downtown http://chic.clipsyndicate.com/video/playlist/12513/6979509?cpt=8&wpid=2637 KRCR k-r-c-r news channel 7. a group of property owners and other stakeholders want to create a property based improvement district.. or p-b-i-d.. in downtown chico. the district would generate 450 thousand dollars every year to try and make downtown safer and more beautiful. krcr news channel 7's taylor torregano is live in our chico newsroom. taylor. good evening mike. . if approved.. this district would require each property owner in downtown chico to pay an additional fee each year... the fee ranges from 150 dollars to 18 thousand dollars - depending on the size of the building. the money would go towards cleaning teams...image enhancement.. downtown guides and ambassadors. it would also provide private patrols - serving as additional eyes and ears for chico police.. together.. the group would work 200 to 240 hours per week. last month.. the city issued ballots to all 180 owners in downtown. they have 45 days to send in their thoughts - and the new p-b-i-d will only be incorporated with a majority vote. those 45 days will end one week from today, july 5th, and the city will count the ballots and hold a public hearing. "downtown needs to be safer and cleaner. i think there's a general consensus in the community that downtown needs to be cleaned up and there needs to be a greater feeling of welcoming and safety downtown." if passed.. the district will be implemented for a maximum of five years before needing renewal. the committee says over 100 towns and cities in the state have already incorporated this type of district plan... with a 90 percent renewal rate... because the city of chico owns 24 properties downtown - it would be included in this district. the committee is suggesting the city pays for it's portion of the fee with funds from parking meters. live in the chico newsroom..tt..krc r news channel7. 40-large




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