[OMS_MANAGERS] Funding - EID, PBAD

Downtown Bend, OR downtownbend at gmail.com
Tue May 14 05:50:41 PDT 2019


Greetings,

I'm hoping to have a discussion about Downtown funding.

We are funding by an Economic Improvement District (EID), but we only
assess commercial square footage. Because Downtown residents benefit from
many of our services, I'd love to design a funding mechanism like Santa
Monica
<https://www.smgov.net/Departments/HED/Economic_Development/Doing_Business_in_Santa_Monica/Business_Organizations/Downtown_Santa_Monica_Property_Based_Assessment_District.aspx>,
where they have different rates for different uses, including residential.
They do this through a Property Based Assesment District (PBAD).  I'm
looking for a model like this that has been done in Oregon.

If you have any information on an Oregon Downtown district that is funded
by both commercial and residential, please let me know.

Looking forward to connecting with you,
Mindy Aisling
Executive Director
--------------------

*Downtown Bend Business Association*
Talk or Text - 541-788-3628    www.downtownbend.org
916 NW Wall Street in Downtown Bend Oregon

*We are a nonprofit committed to increasing the vitality of Downtown Bend.*
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