The West Chester Business Improvement District [Authority] (BID) is a municipal authority established in 2000 among the business and property owners to encourage long term economic growth for Downtown West Chester. It does so by funding and implementing programs that increase downtown customer traffic; retain, expand, and attract businesses; and advocate in the interest of downtown stakeholders.
Funding
Funding is generated by an annual assessment equitably shared by all commercial properties in the district. The assessment rate is calculated as [.003] of assessed value of the commercial portion of the property. 100% of the funds collected go toward programs of the West Chester BID and matched by an allocation from the [borough as well as grants].
BID Authority Board
The BID is governed by a 15 member Board of Directors [linked page has no information but the About the BID link has all that. Suggest remove the link] made up of downtown business and property owners. It follows the Main Street Approach developed by the National Main Street Center. The active committees are Advocacy Committee, Customer Attraction Committee, Business Attraction Committee, and Design Committee. All meetings are open to the public. See details at About the BID.
