PBID assessments to get fixed

Doing a property owner's duty to pay in to a downtown PBID fund used to keep the streets small businesses employ San Diegans at clean and safe might have cost more than that amount the city's Economic Development Department can depend on the owner paying. TO fix earlier year assessments, the the department is accepting claims for a special assessment reimbursement for overpayments due to an excessive assessment.

Councilman Todd Gloria informed the business owners the refunds can give them an "efficient resolution."

The Property Based Improvement District an over 70 percent ownership majority extended by vote for ten years ending in 2015 uses the money collected from owners to change store fronts to make them attractive business locations in central downtown, Columbia, Cortez, East Village, the Gaslamp Quarter and the Marina. Owners are handling the cost of assessment that increases 5 percent a year, as the agreed at the time of the vote in 2005.

In addition to keeping the streetscapes swept and litter cleared off the streets, the owners pay for tourist promotion activities held on streets freed from nuisance crimes committed by street population and visitors. A visitor can even catch the feeling of music played out on the street.

There are around 10,000 assessed property parcels in the PBID.

Owners that submit claim forms to the department by the end of March will have their claims verified. Within 30 to 60 days after a claim is sent in, verified claim will be reimbursed.

To read earlier articles in Breaking Light of Truth on Mondays, read
City starting to measure up to years before recession
County updates Labor Relations Ordinance
Vulcan Mountain property not a loss
San Diegans unite to join MLK Jr. Parade
Engineering for Alvarado water treatment plant extended

Advertisement

, San Diego Public Policy Examiner

Adam Benjamin Pollack is a San Diego native dedicated to the great sentences on civil society. He authored the Subchapter S Report to tell legal news for the American Bankers Association. He holds a Juris Doctor from Indiana University and a Master of Public Policy from University of California,...

Today's top buzz...