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Central Bend business group seeks economic-improvement district to pay for marketing, maintenance and a staff position
Summary
The Bend Central District Business Association told BDAB it is pursuing an economic-improvement district (EID) that would charge only commercial square footage (proposed at 10¢ per sq. ft.), project roughly $170,000 net annually for marketing, beautification and one staff position, and would be subject to state notice and remonstrance hearings.
Kurt Alexander, president and founder of the Bend Central District Business Association, told the board the group is seeking a city-supported economic-improvement district for the Bend Central District to fund marketing, beautification and a staff position aimed at sustaining recent momentum in the area. "We started the business association 5 years ago. We are all doing it by pro bono," Alexander said, arguing an EID would provide a stable funding runway as urban-renewal investments come online.
The proposal as presented would assess only commercial square footage, not residential use, and would be calculated on building square footage. Presenters said the BCDBA's preferred starting rate is 10¢ per commercial square foot; after a 5% city administrative fee that rate…
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