Thursday, April 10, 1986
Campus/Area
University Daily Kansan
7
Panel alters downtown proposal
By Jull Warren
Staff writer
A committee appointed by the Lawrence City Commission to work on a proposal to form a downtown business improvement district modified its proposal yesterday morning.
The committee decided unanimously that if the BID was formed, it would charge lower fees to some retail businesses than proposed earlier. The revised proposal also would remove retail promotions, such as the Moonlight Madness sale, from the district's budget.
The committee is attempting to obtain signatures of more than 50 percent of downtown businesses to show
city commissioners that there is support for the proposed district.
Money collected by the BID would be used for general promotion of the downtown area.
Downtown businesses and professionals would be charged fees based on the front footage of their buildings.
The modified proposal is expected to raise $96,140, which is $17,904 less than previously proposed. Retail promotions would be financed by the participating businesses.
The removal of retail promotions from the budget and cuts in salaries, allocations for general promotions and health insurance account for most of the financial change.
Retail businesses in the 700, 800 and 900 blocks of Massachusetts Street would be charged $20 a frontage foot annually.
Service and professional businesses on Massachusetts or with access to Massachusetts Street would be charged a flat annual fee of $100, those off Massachusetts Street would be charged $75.
Originally, businesses on Massachusetts Street or with Massachusetts Street access would have been charged $20 per foot. Businesses off Massachusetts would have paid $12.
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