Business Medical District Economic Improvement District, Redmond
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Date
2015
Authors
Zlevor, Kelsey
Lewis, Rebecca
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Abstract
Students in the graduate level Public Budget Administration course within
the department of Planning, Public Policy and Management (PPPM) at the
University of Oregon (UO) were tasked with examining the viability of an
Economic Improvement District (EID) or Business Improvement District
(BID) in Redmond, Oregon’s Medical District. The City of Redmond provided
three (3) elements it wanted included in any proposed EID or BID, including
maintenance, business recruitment, and administration and management.
One student group worked on this project. The group considered case studies
of similar EIDs in Bend, Corvallis, Hillsboro, and Salem, and incorporated
elements and/or budgetary items into their recommendation to the City of
Redmond as appropriate. (See Appendix C for full case study analyses).
The group proposed two funding strategies: The first assessed properties based
on square footage, and the second assessed properties based on assessed
value.
Description
39 pages