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Downtown Newark to Launch Special Improvement District
presohio
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3-7-2008 12:55 PM
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tags:
revitalization
,
downtown
,
newark
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7e6f04d1-ce34-4661-8d8f-393491d46381/31DC100B-1AF0-48E8-956B-07A39B8A70D1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002" href="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002" style="font-size: 11px;">www.newarkadvocate.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.newarkadvocate.com/img/FC09BB6C-24E3-45F3-9803-A11A70138DD5" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002"><SPAN class="headline">Downtown owners pushing for deal to clean up Square</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002"><P> NEWARK -- After three years of discussions, a special improvement district in downtown Newark is expected to start financing clean sidewalks.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002"><P>A special improvement district, or a SID, is an organization formed by property owners that allows them to tax themselves for maintenance of the area in which their property is located.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002"><P> <TABLE cellspacing="0" cellpadding="0" border="0" align="left"><TBODY><TR><TD align="center" class="ad"><IMG alt="" src="http://www.newarkadvocate.com/graphics/ad_arrow.gif" /><SPAN class="ad">ADVERTISEMENT</SPAN> <IMG alt="" src="http://www.newarkadvocate.com/graphics/ad_arrow.gif" /> <A target="target=_blank" href="http://gcirm.centralohio.gcion.com/RealMedia/ads/click_lx.ads/oh-newark.newarkadvocate.centralohio.com/news/article.htm/1012573409/ArticleFlex_1/OasDefault/236239_300x250/licking_rev.gif/63636432656231643437623863386230"><IMG border="0" alt="" src="http://gcirm.centralohio.gcion.com/RealMedia/ads/Creatives/OasDefault/236239_300x250/licking_rev.gif" /></A><IMG width="0" height="0" src="http://gcirm.centralohio.gcion.com/RealMedia/.ads/adstream_lx.ads/oh-newark.newarkadvocate.centralohio.com/news/article.htm/1012573409/ArticleFlex_1/OasDefault/236239_300x250/licking_rev.gif/63636432656231643437623863386230?_RM_EMPTY_" /> </TD><TD width="10"></TD></TR></TBODY></TABLE>In this case, property owners on the north, west and south sides of the Courthouse Square would be assessed a $4.04 fee annually per linear foot of frontage on the square side of the building. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002"><P>"Where can you get a deal like that? The deal is amazing, really," said Terry Mooney, one of the supporters of the project. "You couldn't hire a maintenance man to pick up and spruce up (a 50-foot building) for $200 per year.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20080307/NEWS01/803070316/1002"><P>On Monday, Newark City Council will consider a resolution that states the petitions are accurate and agree to collect the tax.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/31DC100B-1AF0-48E8-956B-07A39B8A70D1/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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