BID
Updated 1178 days ago
- Age: 13 years
- ID: 44830861/26
649 Fifth Avenue South Naples, Florida 34102
The 5 th Avenue South Business Improvement District, Inc. (BID) was established in December 2010. A 501 (c) 3 non-profit organization, the BID represents the interests of both property owners and businesses in growing and sustaining a healthy, vibrant 5 th Avenue South district... The BID provides an ongoing mechanism and dedicated source of revenue used by property owners and merchants to guide the future of their retail and commercial areas. The BID is based on state and local law, which permits property owners and merchants to band together to use the local government's tax collection powers to "assess" themselves. In Naples, these funds are collected by the county and through the city, returned to the BID and are used for purchasing supplemental services (e.g. advertising, promotions and special events and providing downtown management and administration) beyond those services provided by the city... The BID is managed by a Board of Directors representative of the district..