The Troy Business Improvement District

What...

is a BID?

A Business Improvement District, or BID, is a public/private partnership in which property and business owners elect to make a collective contribution to the maintenance, development and promotion of their commercial district. BIDs are grass roots, community driven organizations that require legislative authorization to be established.

Why...

form a BID?

The purpose of a BID is to improve business conditions in a specific area, attract and retain businesses, generate jobs and improve the quality of life for those who use the district. A BID enables stakeholders to decide which services to provide to meet the district’s unique needs.

Who...

is the Troy Downtown Collaborative?

The Troy Downtown Collaborative, or TDC, is a registered not-for-profit corporation that was originally formed in 2001. It is made up of a group of property owners, business owners and residents with the following mission: To cultivate the economic growth and development of the downtown Troy community by creating an increasingly inviting, dynamic and sustainable environment that celebrates the city’s history while building towards its future. On March 6th, 2008, the Troy City Council officially tasked the TDC with creating a plan for a Business Improvement District in Downtown Troy.
Date Set for first ever Annual Meeting of the Downtown Troy Business Improvement District Print E-mail

The Steering Committee established to help organize the Downtown Troy Business Improvement District announced today that the first Annual Meeting of the BID will be held on May 20th, 2010, at 8:00am at Christ Church, located at 35 State Street in Downtown Troy. The meeting will also be streamed live on-line at http://www.ustream.tv/channel/downtown-troy-business-improvement-district-annual-meeting.

 

The Steering Committee is made up of Mayor Harry Tutunjian, City Council President Clement Campana, City Comptroller Deb Witkowski, Jeff Pfeil, Wally Altes, Lauren Groff and Elizabeth Young.

 

The main agenda item for the Annual Meeting will be to vote on a slate of candidates for the BID Board of Directors. The BID Steering Committee will nominate 9 property owners and 3 business tenants for the Board ballot. Those not selected by the Committee who would like to be on the ballot can fill out a petition available at City Hall, the offices of the Downtown Collaborative (TDC) at 266 River Street, or on-line at www.troybid.org. Petitions must be received at the offices of the TDC by April 30th.

 

Official notice of the meeting, as well as ballot forms will be mailed out to property owners and commercial tenants within the District the first week of May. Voting for the first BID Board will be accepted both in person at the Annual Meeting, and via mail.
 
Mission Statement Print E-mail
To cultivate the economic growth and development of the downtown Troy community by creating an increasingly inviting, dynamic and sustainable environment that celebrates the city’s history while building towards its future.
Last Updated on Friday, 01 August 2008 14:19