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This story was updated Tuesday, July 30, 2019, at 7:42 p.m. with more information.

What is the BID?

Commercial and nonprofit landowners in the district will pay an annual assessment of 9 cents per square foot, of either the lot or building size, whichever is greater, plus $4.95 per linear foot of lot frontage. Residential property owners with townhouses or condominiums would pay a flat annual fee of $150 per unit.

UPDATE: After months of debate, the Chattanooga City Council approved a controversial Business Improvement District in central Chattanooga. 

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The Chattanooga City Council will cast its final vote Tuesday on the second attempt this summer to form a controversial Business Improvement District.

Follow along with our reporter Sarah Grace Taylor as she live tweets the city council meeting: 

 

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