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Committee moves Rivertown business improvement zone forward after petition showing majority support
Summary
Jefferson East requested a Rivertown Business Improvement Zone; committee approved sending the request to a formal hearing. Petition signatures from at least 43% of property owners triggered the formal process; proponents estimate roughly $850,000 per year in assessments if the zone is approved.
Committee members voted to send a request to establish a Rivertown Business Improvement Zone (BIZ) to a formal public hearing after proponents said they had met the petition threshold to begin the statutory process.
Joshua Elliott, chief executive officer of Jefferson East, told the committee he and partner organizations have worked since 2018 to build support for a Rivertown BIZ modeled on the Downtown Detroit BIZ. Elliott said 43% of assessable property…
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