Title
Ordinance to Annex Territory to the Downtown Business Improvement District - SECOND VOTE
Body
Department: Executive
Council Districts: 1, 2, and 3
Public Hearing: 3/7/2017
Advertising Date/By: 2/23/2017
Contact 1 and Phone: Kathi Dubel 373-4579
Contact 1 and Phone: Terri Jones 373-2320
PURPOSE: The City of Greensboro has received petitions for 22 properties to be annexed into the Downtown Business Improvement District, a municipal service district. Pursuant to NCGS ? 160A-538, City Council must hold a public hearing and vote at two separate meetings.
BACKGROUND:
The Downtown Business Improvement District ("BID") is a municipal service district adopted in accordance with Article 23 of Chapter 160A of the North Carolina General Statutes. The BID was created for the purpose of downtown revitalization which includes: improvements, services, functions, promotions, and developmental activities intended to further the public health, safety, welfare, convenience, and economic well-being of the central city or downtown area. Properties located within the BID pay an additional property tax of $0.08 per $100 assessed. The City has entered into a three-year contract with Downtown Greensboro Inc. (DGI) to manage the BID and provide the additional services needed downtown.
Pursuant to NCGS ? 160A-538(b), City Council may extend by annexation the boundaries of the BID service district when one hundred percent (100%) of the real property owners of the area to be annexed have petitioned Council for annexation. The City has received petitions from the following property owners for the following parcels:
Kotis Holdings LLC - 516 Federal Place - Parcel #0001460
Kotis Holdings LLC - 300 W. Gate City Boulevard - Parcel #0001474
Kotis Holdings LLC - 302 W. Gate City Boulevard - Parcel #0001462
AZ Development LLC - 600 Battleground Avenue - Parcel #0001890
HJHN LLC - 433 Spring Garden Street - Parcel #0001430
HJHN LLC - 437-441 Spring Garden Street ...
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