Plan encompasses 134 businesses. On August 8, 2007, the Planning Commission approved an application by the Department of Small Business Services to create the Southern Boulevard Business Improvement District for 134 businesses and 59 property owners, encompassing 792 residential units, in the Hunts Point area of the Bronx.
The proposed BID will allow an annual assessment on businesses and residents to enhance sanitation, security and marketing. The $200,000 first-year budget will come from small assessments on commercial properties of 37 cents per square foot. Residential and vacant properties will pay an annual $1 assessment. Government and not-for-profits will be exempt.
With no opposition to the BID, the Commission approved without modification.
Review Process
Lead Agency: DSBS,Neg.Dec.
Comm.Bd.: BX 2, App’d, 20-0-0
Council: pending
Mayor: pending
CPC: Southern Boulevard BID (N 070464 BDX) (Aug. 8, 2007). CITYADMIN