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Consultants outline funding and governance options in improvement‑district analysis; Downtown Development Authority and Tourism revenue share discussed
Summary
PUMA consultants presented preliminary findings on the city’s general improvement districts, flagging priorities including Pearl Street activation, mobility, safety and capital needs. They proposed near‑term and long‑term revenue and governance options — including a tourism improvement district revenue share, a downtown development authority, a
Consultants from PUMA updated the Downtown Management Commission on a district analysis of existing general improvement districts. The firm summarized priorities, challenges and potential near‑term and long‑term scenarios for funding and governance.
PUMA said its work so far has reviewed district history, governance, assessment methods, commercial market indicators (property values, vacancy and sales tax), and prior plans and studies. The consultants flagged…
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