January Business Breakfast

by Van Pappas on January 3, 2013

January 17th is the CBA monthly Breakfast; held at the Chamblee Civic Center 3540 Broad St. 

The meeting is open to the public, and all are encouraged to attend.   Doors open at 7:30 a.m. and the program begins at 8 a.m. There is no charge for first-time guests; the cost for returning guests is $10 and $5 for members. A continental breakfast will be served.

This month Emory Morsbeger, a pioneer in the creation and management of community improvement districts in the metro Atlanta area, will speak to us about Community Improvement Districts.  Mr. Morsberger was granted partial funding by the City of Chamblee to conduct research on the feasibility of a CID in our area (covering much of Brookhaven and Chamblee and some surrounding areas).  The initial defined area is conceptual only, at this point.

Come hear what this industry expect has to say.

What is a community improvement district (CID)?
CIDs are not non-profit organizations, but are best defined as “quasi-governments” or “public-private partnerships”.  Authorized by Article IX, Section VII of the Georgia Constitution, a CID is a mechanism for funding certain governmental services including street and road construction and maintenance, parks and recreation, storm water and sewage systems, water systems, public transportation systems, and other services and facilities. The administrative body of the CID may levy taxes, fees and assessments within the CID, not to exceed 2.5 percent of the assessed value of the real property. Such taxes, fees and assessments may only be levied on real property that is used for non-residential purposes and revenues may be used only to provide governmental services and facilities within the CID. Bonded debt is permitted, but such debt may not be considered an obligation of the state or any other unit of government other than the CID.  In 2010, the Council for Quality Growth created this video to explain CIDs.

One comment on “January Business Breakfast

  1. Van Pappas on said:

    More than 60 in attendance at this meeting. Emory, gave a great speech on the value of CIDs.

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