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Council schedules public hearing after petition to form downtown Community Improvement District
Summary
Petitioners representing downtown business interests presented a plan to form a Community Improvement District (CID) that could impose a 1% sales/use tax inside the district; council voted to set a public hearing for Aug. 18.
Representatives of the Chamber of Commerce and downtown business owners told the Poplar Bluff City Council on Aug. 4 they have petitioned to form a downtown Community Improvement District (CID) and presented a five-year plan that would restrict spending to projects benefiting the downtown area. Steve Halter and Morgan McIntosh of the Chamber said the petition process followed guidance from legal counsel and that property owners in the proposed district must sign the petition under state law. “We got well over 50% of the property owners down there to approve,” Halter told the council, describing outreach and notarized petitions from downtown property owners. How the CID would work: petitioners described a district in which…
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