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Downtown Arcadia business owners establish a Community Benefit District, mandating they each pay an annual assessment on their property taxes to fund marketing programs and activities in hopes of bringing more people to the area. It is called a Property-Based Business Improvement Model. It is a private-sector initiative that bills local businesses by the same criteria used in Old Pasadena--according to their frontage, lot size and scope of any buildings on a given property. 60% of downtown Arcadia owners chose the plan, the result of a three year effort.

https://arcadiahistory.andornot.com/en/permalink/newspaper33591
Newspaper
Pasadena Star News
Date
August 20, 2013
Pages
p. A1, A4
Newspaper
Pasadena Star News
Date
August 20, 2013
Pages
p. A1, A4
Subjects
Arcadia Downtown Business Association
Business and Industry
McSweeny, Matt
Item ID
33786AN
Collection
Newspaper Index
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