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Hamilton Association of Business Improvement Areas (H.A.B.I.A.). Presentation at Mohawk College February 9, 2006. HAMILTON’S BUSINESS IMPROVEMENT AREAS. Barton Village Main Street West Concession Street Ottawa Street Downtown Hamilton Stoney Creek Dundas Waterdown
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Hamilton Association of Business Improvement Areas (H.A.B.I.A.) Presentation at Mohawk College February 9, 2006
HAMILTON’S BUSINESS IMPROVEMENT AREAS Barton Village Main Street West Concession Street Ottawa Street Downtown Hamilton Stoney Creek Dundas Waterdown International Village Westdale Village King Street West
HAMILTON’S BUSINESS IMPROVEMENT AREAS Over $900,000 annual levies injected back into our economy Represents $12,000,000 in annual commercial property taxes Represents over 6000 people employed Represents over $281,000,000 in assessment Represents invaluable volunteer hours of B.I.A. members Represents over 1200 property and business owners
WHAT IS A BUSINESS IMPROVEMENT AREA? A group of property and business owners who collectively develop, promote and protect the commercial viability of a specific area Established through municipal by-law Governed under The Municipal Act
ACTIVITIES OF A BUSINESS IMPROVEMENT AREA Retention and Recruitment of Business and Investment Opportunities Marketing and Promotion Clean and Safe Physical Improvements Recognition Awards Public/Private Partnership
City of Hamilton Programs Commercial Property Improvement Grant Program Contribution towards Operating Budgets Commercial Assessments & Action Plans Streetscaping for Community Downtowns and B.I.A.s Festivals Free Christmas Parking Christmas Display Grant Sharing of Parking Revenue
Commercial Property Improvement Grant Program35-37 King Street EastStoney CreekBefore Renovations
Commercial Property Improvement Grant Program35-37 King Street East After Renovations
Taxes Business Tax Reduction Plan and its affect on Business Improvement Areas Capping Tax Classes Commercial Vacancy Rate