77% of Property Owners Approve Expanded Power Inn PBID
In a move echoing 77% of property owners in the Power Inn Area, the City Council on Tuesday approved a 10 year extension of the Power Inn Property and Business Improvement District (PBID). The new area nearly doubles in size to 6.2 sq. miles of property only (not roads or public areas), making it the largest PBID in California.
 |
The new 6.2 sq. mile Power Inn Alliance PBID is essentially bounded on the north by Folsom Blvd; the west by the railroad tracks and Power Inn Rd; the south by the county line; and the east by Watt Ave. to Fruitridge.
|
Property owners voted to assess themselves almost $500,000 the first year to carry out the essential services of the PBID. "A PBID augments city services," said CEO Jerry Vorpahl. "We haul away trash and illegally dumped debris; we tend landscaping; we work with SPD to reduce crime - many of the things the city does but can't do as effectively with their limited resources."
In addition, the Power Inn Alliance works with city economic development and other entities to market the area, attracting new and retaining existing business. The PBID created the idea of the Sacramento Center for Innovation, which is undergoing a Specific Plan right now. New this year, will be the development of transportation infrastructure in improve connectivity and expedite traffic throughout the area.
"But the main thing we do is advocate for the business interests of the Power Inn Area," said Vorpahl. "There's no other organization that focuses like a laser on the business issues affecting Power Inn on the city, county, state, even national levels."
|