Independence Avenue Community Improvement District

Independence Avenue (CID)

Purpose of the Communtiy Improvement District

The purposes of the Independence Avenue Corridor Community Improvement District (the “District”) are to provide for enhanced and reliable improvements, security, services and activities, such as general maintenance of public areas, continued efforts to address area beautification related issues, as well as other concerns within the Independence Avenue corridor not already receiving such services.

Additionally, the District would undertake an image and marketing program that will include continued activities, such as increased uniform signage, a sustained advertising campaign, and annual events within the District.

Estimate First Year Budget

Income:
Special Assessment: $30,000
Sales Tax: $175,000

Expenses:
Crime and Grime Maintenance/Landscaping: (includes graffiti removal): $70,000
Events/Marketing/Signage: $25,000
Additional Capital Improvements/Maintenance Program: $20,000
Administration/Operating Reserve: $50,000
One Time Set-up Costs (City): $40,000