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 BIDs: Main Street Parking & Business Improvement Area

Boundaries :  Main Street from Pico Boulevard on the North to Southern City Limits.

Date Established :  1984

Formula for Retail :  1 x Business License Tax up to a maximum of $2,000 per business license per year.

Formula for Non-Retail :  $100.00 flat fee per year.

Exceptions :  Home based businesses and residential property owners.

How Funds are Collected :  Concurrently with the annual business license tax (will appear on the Business License Tax Renewal form).

Who Administers the Fund :  The Westside Small Business Development Center administers the fund on behalf of the Main Street Business Improvement Association (MSBIA).  The MSBIA  Board of Directors is elected by the members of the BID, and determines how the funds are to be spent.

Approximate Size of Fund :  $84,500 per year

Uses for Funds :  Parking improvements, promotion and advertising for Main Street business area, Summer Soulstice and other promotional events.

Link to Websitehttp://www.mainstreetsm.com/homepage.shtml

[ Back to Business Improvement Districts main page ]

This page was last modified on 01/30/2007

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