Business Loop property owners await vote on CID
COLUMBIA - Business Loop 70 property owners pushing to establish a Community Improvement District read a petition to establish the district at Monday night's Columbia City Council meeting. Dave Griggs, owner of Flooring America, said he's hoping their efforts pay off and the petition passes.
"We're confident that it's going to pan out," Griggs said. "I think it's extremely valuable to the community that this passes."
In order for property owners to establish a CID, the city requires signatures from at least fifty-one percent of property owners included within the proposed district. Griggs said they've already met the signature requirement.
Griggs said possible improvements would include the burying of powerlines, upgrading broken-down and cracked sidewalks, and overall beautification projects. If the petition is approved, sales tax would be increased for businesses in the CID by a half-cent on every dollar spent. Shopper Zach Pierce said he's not for the sales tax increase.
"It seems a little high," Pierce said. "For someone who shops along here a lot, it could really add up."
The proposed boundary extends from the intersection of Business Loop 70 and I-70 to the intersection of Business Loop 70 and North College Avenue. The Columbia City Council will vote on the petition April 20th.