Amherst eyes BID proposal

GazetteNET (Oct 14 2011)

1. If the Select Board votes in favor, organizers will then file papers to create a nonprofit organization and establish a board of directors that would manage the fees that are levied on properties within the district. The BID would become operational within six to eight months, said Ann Burke, vice president of the Western Massachusetts Development Office. All property owners will be notified by certified mail and will have 30 days to back out. Burke estimates that the BID should collect between $400,000 and $450,000 in cash and in-kind services annually. Fees would be based on property values ... (Read Full Article)

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