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Home > Blogs > Hamilton News and Issues > Archives > 2008 > April > 14
Monday, April 14, 2008
Downtown SID
The Downtown Special Improvement District has begun its quest for renewal. It was established in 1996 by city council and renewed in 2002. It’s current renewal is up in summer 2009.
President Tony Traub said that there is little opposition to the SID, but it did drop the self-tax imposed on all property owners within it from $8.66 a square foot to $7.50 a square foot upon renewal. Traub said he hopes this brings all property owners on board.
Mayor Don Ryan touts the SID and as a Downtown property owner sits on its board. Though, a few months ago the local YMCA requested out of the organization citing financial woes. The board said it was not permitted to drop out.
What should be SID’s priorities if property owners renew it in 2009?
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