Establishment of East Village Business Improvement District and 2026-2027 Assessment Approval

Original title: Establishment of East Village Business Improvement District and Approval to Levy Assessments in the East Village Business Improvement District for Fiscal Year 2026-2027.

Record date · June 2, 2026

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What This Bill Does

This ordinance proposes the formal creation of a in the East Village area and authorizes the collection of assessments from local businesses for the 2026-2027 fiscal year.

Why it matters

Property owners and businesses within the designated East Village district will be subject to mandatory annual assessments to fund district-specific services and improvements starting in the 2026-2027 fiscal year.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

East Village business owners

These businesses will be subject to mandatory assessments to fund the district's operations.

Directly affected

East Village property owners

Property owners within the district boundaries may be responsible for paying the assessments levied by the BID.

Key Facts

The ordinance establishes the East Village Business Improvement District.
The ordinance authorizes the levy of assessments on businesses within the district for the 2026-2027 fiscal year.
The file number for this legislative action is 26-662.
The item is categorized under Community & Economic Development.

Show all 5 facts

The ordinance was introduced to the City Council on May 19, 2026.

Frequently Asked Questions

What is a Business Improvement District (BID)?

A BID is a defined area where property owners and businesses pay an additional assessment to fund improvements and services that go beyond what the city typically provides.

When will these assessments begin?

The assessments are approved for the 2026-2027 fiscal year.

What else do you want to know?