FOR IMMEDIATE RELEASE
October 6, 2010
MAYOR BLOOMBERG SIGNS LEGISLATION INCREASING THE ANNUAL EXPENDITURE FOR THE 34TH STREET BUSINESS IMPROVEMENT DISTRICT
Remarks by Mayor Bloomberg at a Public Hearing on Local Laws
"The next bill before me is Introductory Number 312 sponsored at the request of the Administration by Council Members Recchia, Sanders, Reyna, Cabrera, and Rose. Introductory Number 312 increases the annual expenditure for the 34th Street Business Improvement District.
"Business Improvement Districts, also known as "BIDs," are voluntarily formed community organizations that promote business development and improve the quality of life in neighborhoods across the City. Established by local law, BIDs are self-funded by local property owners and are overseen by the City's Department of Small Business Services.
"BID assessments provide a variety of services, including sanitation, security, marketing and landscaping. The services provided to the community are essential to ensuring that small businesses, and the neighborhoods in which they operate, attract even more business owners, visitors, and residents. This assessment increase will finance capital improvements throughout the 34th Street BID.
"I would like to thank Commissioner of Small Business Services Rob Walsh and his staff for working together with the 34th Street BID to help strengthen and expand services in the community. I would also like to thank the Council for approving this legislation."
Stu Loeser/Evelyn Erskine (212) 788-2958
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