Business Medical District Economic Improvement District, Redmond
MetadataShow full item record
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.