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Placer County starts renewal process for North Lake Tahoe TBID, sets public hearing timeline
Summary
The board adopted a resolution of intent to initiate proceedings to renew the North Lake Tahoe Tourism Business Improvement District for a 10-year term after the owners' petition surpassed the 50% threshold; the county and the North Tahoe Community Alliance will continue work on oversight and TOT-TBID coordination.
Placer County supervisors on Oct. 14 adopted a resolution of intent to begin proceedings to renew the North Lake Tahoe Tourism Business Improvement District (TBID) for a proposed 10-year term and set a public-meeting and hearing timeline.
Basics and boundary: The TBID, which began collections July 1, 2021, assesses lodging and tourism-related businesses within a defined North Lake Tahoe boundary (note: the TBID boundary differs from the county's TOT boundary and excludes Donner Summit). The TBID contains two zones: Zone 1 (Lake area) where lodging…
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