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Special Improvement District

Wednesday, October 3, 2012

Many Benefits to River Edge with SID According to Consultant

Don Smart, the SID director for Bergenfield touted the many advantages River Edge could have with a Special Improvement District of its own

With over 30 years of experience working in and helping create Special Improvement Districts (SID), Don Smart appeared in River Edge this week to tout the many benefits of a SID and improve the three business districts on Kinderkamack Road (Midland Avenue to River Edge Road; Madison Avenue to Windsor Road; and Main Street to Grand Avenue). "It's a tool that you can apply locally in a variety of ways," Smart said. "Each SID are unique in New Jersey as a result of the desire by the local municipality to use them. The SID legislation allows you to set up and carve out in your community a district overlay that has within it those powers and authorities you wish to grant it. Setting up a SID does not require that you fund it or that you turn …

Monday, August 13, 2012

River Edge May Seek Creation of Special Improvement District

Borough officials will seek input from business owners on how to improve the Kinderkamack Road corridor business areas

With a struggling economy, tight budgets, and empty storefronts along the Kinderkamack Road corridor in River Edge, the governing body may seek input from local businesses regarding the creation of a Special Improvement District (SID). The SID is a model for managing the municipalities commercial corridor by providing business and property owners the ability to organize as a single entity, raise funds for activities that enhance or expand upon municipal services, and through a District Management Corporation, to manage themselves to become a more effective destination for commerce. "For the downtown area, you would first need to do a special assessment of the commercial properties and conduct a feasibility study to see if the borough could…

GGT

4:48 pm on Sunday, August 19, 2012

Dick: You are a reguar comedian, while you are crakcing jokes the town continues it's decline.   more ›

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