Business owners voice reservations about Business Improvement District
Podcast Episode
WCLO's Beth Wheelock reports on how a project that's successful in Beloit can also work for Janesville.
Downtown Janesville business owners are learning what the assessments for a Business Improvement District, or BID, would cover.
BID task force member Larry Squire says signs marking the gateway to the downtown are recommended by the consultants performing the city's downtown plan. He says that's one improvement the BID could finance. The signs would be at Atwood and Milwaukee on the east, Racine and Main on the south, Centerway and Main on the north, and Five Points on the west.
Some business owners who attended Wednesday's meeting aren't convinced the idea will work. They say forcing business owners to pay an assessment isn't the right way to go about downtown improvements. Others are concerned it's creating a rift among business owners, and still others say they have reservations based on the timing of the project.
It's expected to come before the city council in August.
Scroll down to hear an audio feature about how Beloit's BID has fared.
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