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FOR IMMEDIATE RELEASE
PR- 064-05
February 15, 2005

MAYOR MICHAEL R. BLOOMBERG SIGNS LEGISLATION EXTENDING THE BOUNDARIES OF THE MADISON AVENUE BUSINESS IMPROVEMENT DISTRICT

Remarks by Mayor Bloomberg at a Public Hearing on Local Laws

“The first bill before me today is Introductory Number 282, sponsored at the request of our Administration by Council Members Weprin, Moskowitz and Brewer.  This bill extends the boundaries of the Madison Avenue Business Improvement District in the Borough of Manhattan.

“BIDs are community organizations that are voluntarily formed to 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.  The Madison Avenue BID provides maintenance and sanitation services, holiday lighting and decoration, marketing and promotion, beautification of the Avenue, administration, and other such activities as are required for the promotion and enhancement of the district.  The services provided to the community are essential to ensuring those small businesses, and the neighborhoods in which they operate, are given every opportunity to succeed. 

“BIDs are a proven example of how public/private partnerships can promote economic development.  This bill will further the fundamental role that BIDs have played in the economic development of our neighborhoods and in the renaissance of New York City.

“I would like to thank Rob Walsh, the Commissioner of the Department of Small Business Services and his staff for their work on this bill.  I also want to acknowledge the members of the Madison Avenue BID Steering Committee and the Council for their important contributions throughout this process.”







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