property business improvement district

The City of Culver City has updated the announcement of the location, date, and time of the Hayden Tract meeting to discuss potential improvements/enhancements in the Hayden Tract and explore the formation of a Property Business Improvement District (“PBID”).  In preparation for the meeting, CivicMic is releasing the preliminary Hayden Tract survey results.  Please click here to take the survey if you own property or operate a business in the Hayden Tract. Hayden Tract PBID Several Hayden Tract property owners have reached out to the City of Culver City officials to discuss the need for public improvements in the area …

Hayden Tract Survey Results Click Here to Read More »

In this post, CivicMic focuses on the need for public improvements in the Culver City area known as the Hayden Tract.  Representatives of 49% of the properties in the Hayden Tract met with City officials on August 20, 2018 to discuss the need for Hayden Tract public improvements.  The meeting covered the potential formation of a Property-based Business Improvement District (“PBID”) to fund the Hayden Tract public improvements. The group discussed desired public improvements such as parking, parking shuttle service, sidewalks, signage, improved traffic circulation, scooter lanes, green spaces, and electrical and sewer infrastructure improvements. The PBID would fund Hayden …

Hayden Tract Public Improvements Click Here to Read More »

What are Benefit Assessment Districts? Benefit Assessment Districts are a “property tax” mechanism used by local governmental agencies in California (counties, cities, and special districts) to fund public improvements and services.  Assessment Districts are established for a specific geographical area that receives a special benefit from specific public improvements and services.  In other words, the charge only applies to properties receiving a benefit instead of being applied against all properties within a governmental jurisdiction, as is the case with regular property taxes. What is Special Benefit? Article XIII D of the California Constitution (commonly referred to as Proposition 218) defines …

Benefit Assessment Districts: Culver City Click Here to Read More »