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Committee Advances Top of Broadway Community Benefit District Resolution After Strong Local Support
Summary
The committee advanced a resolution of intention to establish the Top of Broadway Community Benefit District after OEWD and Supervisor David Chu described a proposed 39‑parcel district, an annual budget of about $106,567 and a $100,000 per‑year two‑year donation to help launch services focused on beautification, security and economic development.
The Government Audit and Oversight Committee voted without objection to advance a resolution of intention to create the Top of Broadway Community Benefit District (CBD), following a presentation from Supervisor David Chu and the Office of Economic and Workforce Development.
Supervisor David Chu said the short stretch of Broadway in District 3 has faced public‑safety and vacancy challenges and described community efforts to organize a CBD. Lisa Pagan (OEWD) said petitions submitted represent about 33.19 percent weighted property‑owner support and that the proposed district would include approximately 39 parcels. OEWD described a proposed annual assessment budget of roughly $106,567, with about 99 percent of funding expected from property assessments and an offered private donation of $100,000 per year for the first two years from a local business, BSC Management, to help startup efforts.
Speakers from neighborhood groups, business owners and residential associations including the Central Police Advisory Board and SoTL Neighbors voiced support during public comment, saying the CBD would improve safety, reduce commercial vacancies and promote tourism and local business. Several commenters framed the CBD as a timely opportunity to rebrand and revitalize Broadway as events such as the Super Bowl and America’s Cup approach.
Supervisor Chu closed by thanking volunteers and staff and asked colleagues for support; the motion to move the item forward passed without objection, advancing the resolution for future Board consideration and triggering the ballot process outlined by OEWD: ballots to parcel owners on or near June 7, a ballot hearing on July 23, and, if the property‑owner threshold is met, assessments collected beginning in the following tax collection cycle for an eight‑year proposed term.
The committee’s approval advances the district to the full Board; establishment still depends on the property‑owner vote and a subsequent Board action.
