Community Improvement District

1. Community Improvement District Downtown Dutchtown Business Association

2. Agenda • What is a CID • Organization • Governance • Budgeting & Responsibilities • Current Examples • Dutchtown CID • Timeline

3. Community Improvement District • A Community Improvement District (CID) may be either a • Political subdivision • Not-for-profit corporation • CIDs are organized for the purpose of financing: • Public-use facilities • Managing policies and public services relative to the needs of the district. Source - http://www.missouridevelopment.org/community%20services/Local%20Finance%20Initiatives/Community%20Improvement%20District.html

4. Organizing a CID • By request petition, signed by property owners owning at least • 50% of the assessed value of the real property, and • More than 50% per capita of all owners of real property within the proposed CID, • Presented for authorizing ordnance to the Board of Aldermen

5. Organizing a CID • Language contained in the petition narrative must include: • Five year plan • Purposes of proposed district • Services provided • Improvements made • Cost estimates of those services and improvements • Maximum rates of property taxes and special assessments that may be imposed within the proposed district.  • Organization & Governance • Whether the governing board would be elected or appointed. 

6. Supporting Organizations • Unlike a Neighborhood Improvement District, a CID is a separate legal entity, • Distinct & apart from municipality that creates it. • CID is created by ordnance of the governing body of the municipality in which the CID is located, • May have other direct organizational or operational ties to the local government, depending upon the charter of the CID.

7. Typical Budget Items Facilities Services • Parks, lawns, gardens, trees or other landscapes • Streetscapes, lighting, benches, marquees, awnings, canopies, trash receptacles, walls • Lakes, dams and waterways • Sidewalks, streets, alleyways, bridges, ramps, tunnels, traffic signs and signals utilities, drainage works, water, storm and sewer systems and other site improvements • Parking lots, garages • Child care facilities and any other useful, necessary or desired improvement • Paintings, murals, fountains or kiosks • Operating or contracting for the operation of parking facilities, shuttle bus services • Leasing space for sidewalk café tables and chairs • Providing trash collection and disposal services • With consent of the municipality, prohibiting, or restricting vehicular and pedestrian traffic and vendors on streets • Within a designated “blighted area”, contract with any private property owner to demolish, or rehabilitate any building or structure owned by such property owner • Providing or contracting for security personnel, equipment or facilities

8. Financial Resources • Funding of CID projects and services must be set forth in the requesting petition • Funding may be accomplished by • District-wide special assessment, rents, fees, and charges for the use of CID property or services, grants, gifts or donations. • If the CID is organized as a political subdivision, property and sales taxes may also be imposed within the boundaries of the CID.

9. CIDs in St. Louis • Downtown • The Grove • South Grand • Flora Place

10. Dutchtown Business Corridor CID • Areas under consideration: • Grand from Chippewa to Meramec • Kingsland Court • Meramec from Grand to Broadway • Virginia from Meramec to Bates

11. Dutchtown Business Corridor CID Funding Opportunities Other Benefits • Security • Bicycle Police Officer • Lighting • Beautification and Infrastructure • Parking • Traffic and Road Upgrades • Marketing & Promotion • Bond Projects

12. Timeline Timeline - 12-18 Months • Community Input • Draft Petition, Including Developing Five-Year Plan • Petition Drive • Board of Alderman Approval • Ordinance • Board Elections • Funding