The Greater Belhaven Foundation (GBF) is excited to announce that the owners of more than 60% of the taxable parcels in Greater Belhaven have signed the petition requesting the creation of a Community Improvement District (CID). GBF submitted the petition to the City Clerk’s office on Thursday, May 6, 2021. Once signatures are verified and City has accepted the petition, GBF will submit an initial strategic plan for the first year of the CID. After this, the City will set a date for a special election at which registered voters in Greater Belhaven may vote on the proposal to create the CID. Proceeds from the CID funds will total around $200,000 annually. They can be used for a variety of projects including landscaping, parks, infrastructure, security enhancement, and even as matching funds for grants for larger-scale projects.
“We are excited about the potential for CID funds to make Belhaven an even greater place to live, work, and raise a family,” said Margaret Oertling Cupples, CID Committee Chair. “We encourage everyone to get out and vote in favor of the CID later this year.”
Greater Belhaven, consisting of the Belhaven and Belhaven Heights neighborhoods, is comprised of over 1700 single family and multifamily homes as well as numerous businesses. GBF began collecting signatures for the CID in October 2019. Despite the global pandemic, property owners realized the benefit of a CID for the historic neighborhood and have helped to surpass the 60% signature requirement.
Community Improvement Districts enhance urban and suburban areas by improving safety, reducing blight, and increasing property values and job opportunities at local businesses.
“I am so excited to have completed this part of the process and am so thankful for the neighborhood support,” said Casey Creasey, Executive Director of GBF. “The CID will be such a benefit to our community allowing enhancements for our three neighborhood parks, sidewalk improvements, and other features. Funds can also be used for security, lighting, minor infrastructure repair, long-range planning, and so much more. We would love to hear from Greater Belhaven residents and property owners with your ideas for improvements.”
Legislation requires that a CID plan and funds be managed by a 501(c)(3) nonprofit, like GBF. The funds, a maximum of $6 per every $1000 of assessed value of a parcel, will be collected with property taxes yearly by the City of Jackson and disbursed to GBF. CID proceeds must be maintained separately from other GBF funds, with strict accounting, audit, and public disclosure guidelines.
For more information click here https://greaterbelhaven.com/community-improvement-district/