DISTRICT SUMMARY Clause Samples

DISTRICT SUMMARY. The Apple Valley Village PBID is a property-based Business Improvement District being developed by a consortium of progressive business and property owners within the Apple Valley Village business area. The purpose of this district is to provide and manage supplemental services and improvements for this important business center, including a phased streetscape beautification project along Highway 18 and other streets within the PBID, image enhancements such as seasonal banners and theme street furniture, and supplemental public safety services. The PBID is a unique benefit assessment district that will enable the District property owners, working as a unit, to fund needed property related improvement programs and projects above what can be provided by the Town of Apple Valley on a regular basis. The Town has pledged to provide matching grants and funds, where possible, for each dollar generated through the PBID. PBIDs such as the one being proposed have been successfully used in some 2000 business districts throughout the US and Canada. Currently, there are over 150 PBIDs in business districts throughout California. A. A flat fee of $230, plus B. $0.0034 per square foot of land, plus C. $0.1934 per square foot of building, plus D. $1.904 per linear foot of street frontage. A. A flat fee of $230, plus B. $0.00136 per square foot of land, plus C. $0.07736 per square foot of building, plus D. $0.7616 per linear foot of street frontage. Note: Residential uses are exempt from the building area portion of the assessment fee 1. What is a PBID?