City Council to consider creating improvement district downtown

Tuesday, January 18, 2011 | 10:25 p.m. CST; updated 10:42 a.m. CST, Wednesday, January 19, 2011

COLUMBIA — Downtown property owners want to make a district out of The District.

The City Council will consider a petition signed by a majority of downtown property owners asking the city to establish a Downtown Community Improvement District for projects in the area.

To fund the projects, the petition asks that a half-cent sales tax be levied. However, the tax would have to be approved by residents of the Community Improvement District.

The sales tax would generate an estimated $2.5 million, according to a Jan. 7 memo to the council.

The community improvement district would be set up as a political subdivision and governed by a 15-member board of directors.

Issue: Council bill 17-11 was introduced at the City Council's Tuesday night meeting. If approved, it will establish a Downtown Community Improvement District, which could propose an additional half-cent sales tax in the district.

Vote: The bill will be discussed at the council's Feb. 7 meeting.

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ray guynn January 19, 2011 | 8:22 a.m.

another reason not to go downtown,,, wonder how far they are from a college student boycott

(Report Comment)
Mitch Erdel January 19, 2011 | 8:37 a.m.

What will the revenue of this sales tax go to fund? Why was this not made clear in this story?

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