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@David Alpert

True, but you also wrote this:

All landowners in NoMA already have raised their taxes above the baseline level through their BID taxes. Should the BID rate just be raised higher for this? Why should only those landowners pay, especially since they already pay higher property taxes as the neighborhood is developing? Plus, this would mean that those owners pay extra, while none of the surrounding landowners have to pay anything at all.

As properties develop, the BID will have more money each year for their activities. And this will be enough for them to contribute to programming and maintenance of the park. But the amount of money required for purchasing a large enough parcel is far, far more than the BID tax raises.

by Tony G on Nov 30, 2010 10:59 am • link • report

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