Title
Ordinance to Annex Territory to the Downtown Business Improvement District - SECOND READING
Body
Department: Executive
Council Districts: 3
Public Hearing: 6/6/2017
Advertising Date/By: 5/25//2017
Contact 1 and Phone: Kathi Dubel 336-373-4579
Contact 1 and Phone: Terri Jones 336-373-2320
PURPOSE: The City of Greensboro has received petitions for 3 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:
Battleground and Smith LLC - 310 W. Smith Street - Parcel #0000687
Battleground and Smith LLC - 576 N. Eugene Street - Parcel #0000688
City of Greensboro - 502 N. Eugene Street - Parcel #0219604
Before the required public hearing, staff must prepare a report containing (1) a map of the service district, showing the present and proposed boundaries...
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