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January 14, 2011

Greetings!



Please note the story below has been revised to reflect the correct acerage reduction amount.  We apologize for the previous typo which reflected an inaccurate reduction amount.  The corrected statement is written in blue.

The Power Inn Alliance Team

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Renewed Business Improvement District  

Doubles Size and Cuts Assessment 10% 

New PBID Map - small
 PBID Renewal Area
   

The new Property-based Business Improvement District proposed for the Power Inn Area is almost twice the size of the original and will provide a 10% reduction in assessments. "When was the last time you were offered a 10% cut in taxes?" said Dain Domich, co-chairman of the Renewal Task Force.


Assessments rates, currenly $202.58 per acre per year, will drop to $182.32 in 2012. The savings are  possible, even while adding benefits, due to economies of scale. Among the benefits and improvements planned are: expanded trash and graffiti removal, landscaping maintenance, increased security and crime reduction programs, intensified business and job development, and continued advocacy for the business interests of Power Inn. 
 

Also, a new program will be Trans-portation, i.e. infrastructure expansion of key streets such as Ramona and 14th Ave,  road widening, better connectivity and transport efficiency throughout the area. Property owners will receive a petition to renew the PBID within the next

60 days, along with the complete Manage-

ment District Plan, which  can be found at:
 

 http://www.powerinn.org/about-pbid.asp

 

 

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Awards Luncheon set for St. Patrick's Day

PIA Logo

 

Save the Date and wear something green. The Power Inn Alliance Annual Awards Luncheon will be on Thursday, March 17 at the Sac State Alumni Center. Awards will be presented for "Best Infrastructure Improvement," "Best Environmental Practices," "Business of the Year," "Member of the Year," and the always popular, "Top Cop." More information and invitations will be coming soon. 

 

Quick Links...

Contact Information

phone:  916-453-8888    fax:  916-453-8880
email me:  jerry@powerinn.org



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