Nominations Still Open For New Downtown BID Board Through Sept. 16

  • Friday, August 30, 2019

Nominations for serving on the new downtown Business Improvement District (BID) Board remain open until Sept. 16.

Officials said, "As a portion of Downtown Chattanooga forms a Business Improvement District (BID), one of the most important pieces of this formation process is to institute the BID Board of Directors who will make critical decisions in the seminal stages of the BID's development and subsequent year to year operations. 

"The BID will be governed by a BID Board comprised of property and business owners representing a wide variety of geographic sub-districts and use-types within the proposed BID area.

The BID Board would consist of nine (9) to fifteen (15) members and is anticipated to be structured with the following considerations:

• Geographic representation, including a mix of north and south of 4th Street
• Use-type representation, including properties featuring office, retail, hospitality, non-profit, residential, and civic
• A mix of small and large use property owners
• At least two business tenants that are not property owners

"Board members will serve staggered three (3)-year terms and can serve a maximum of two (2) successive terms."

The BID website is

www.ChattanoogaBID.com

The BID area is here: http://www.rivercitycompany.com/new/pdf/BID_ProposedBoundary_MarchCommunityMeetings.pdf

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