City Council votes to approve Business Improvement District in Chattanooga

July 30, 2019 at 1:00 p.m. | Updated August 1, 2019 at 2:55 p.m.

by Sarah Grace Taylor

Buildings inside a proposed Business Improvement District are seen on Tuesday, April 16, 2019, in Chattanooga, Tenn. The proposed district would encompass downtown Chattanooga from the Riverfront to 11th Street and from U.S. Highway 27 to different areas bordered by Cherry Street, Lindsay Street and Georgia Avenue.
Buildings inside a proposed Business Improvement District are seen on Tuesday, April 16, 2019, in Chattanooga, Tenn. The proposed district would encompass downtown Chattanooga from the Riverfront to 11th Street and from U.S. Highway 27 to different areas bordered by Cherry Street, Lindsay Street and Georgia Avenue.

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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