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January, 2013
P.BJ.l
Dear Property Owner and Business Professional,
Explor a tory
CnrxrnittoE-
The purpose
f this letter is to introduce you to a
roperty-based
usiness
Improvement District; otherwise known as a ’PBID’. Over the last year, a group of
Lionel Pires
business minded Tulare residents researched if a PBID would be beneficial for
Uoneaires@yahoo.com
Downtown Tulare. Consultations with various local property and business ownershave taken place, along with researching communities that already have a PBIDdistrict within their downtowns. Our conclusion is that a Property-based Business
Patrick Isherwood
Improvement District will help bridge the revitalization gaps which Downtown Tulare
patrickish@hotmail.com
and its shareholders have experienced in the past.
559.300.5899
WHAT IS A P BID?
Bob Barnier
bobeIliot@clearwire.net
A Property-based Business Improvement District (PBID) is a unique funding tool
559.303.8177
which allows business district property owners to pool their financial resources byassessing themselves to pay for certain district-wide activities and improvements.
Chris Harrell
A PBID is not a Government program. The PBID is a self-assessment district on
Deca1952@hotmail.com
individual properties that in turn conveys special benefits to the properties and
559.331.8157
businesses located within the district boundaries. The
nternational
owntownAssociation estimates that more than 1,000 property-based business improvement
districts (PBID) currently operate throughout the United States and Canada. Since
the creation of California’s Property and Business Improvement District Law in 1994,
more than 70 new PBIDs have been established in California downtowns, includinglocal downtowns such as Visalia. (https://www.ida-downtown.org
)
WHAT DOES IT DO?
The PBID brings everyone together to foster economic vitality for DowntownTulare. The PBID provides a stable source of funds monitored by a Board of
Directors. The PBID is a property assessment, controlled by property owners, toimprove our Downtown property.
The PBID works like Measure R. It is a self-assessment controlled locally by a district
Board of Directors, and the money is
only
for
PBID approved Downtown uses.
The
annual budget for the PBID is proposed at $200,000 -$225,000.
The purpose of the PBID is to provide services and activities through community
safety and economic enhancements that are above and beyond what the City
currently provides.
 
WHY HAVE A PBID IN TULARE?
The founding principle for a PBID is to elevate economic investment and vitality within
Downtown Tulare. A PBID brings together a unified force of property owners, merchants,
City government and the community for overcoming economic barriers and enhancing
community participation in our Downtown region.
The PBID work plan addresses efforts to outreach with Tenant Services. The goal is to make
commerce for entrepreneurs easier. Available options include capitol development
leverage funding for site improvements, enhanced safety and security, along with support
for parking. The PBID policy and procedures are established in a comprehensive
Management Plan.
WHAT E3NE9TS WOULD iH F P B I D CREATL?
A list of benefits was created by surveying local downtown property owners and
merchants. Majority of the PBID services are listed below:
Security Detail
- Contract with a private security firm to review best practices for improving
a safe and secure Downtown, provide hired security personnel and work with stakeholders
to address security issues.
Marketing
- Contract with a private marketing firm to provide targeted marketing for
established businesses along with marketing outreach for new investor engagement.
Market downtown retail, community functions, professional services, available propertyand diverse products.
Lighting-
-
Contract to facilitate increased density of lighting within the boundary areathroughout Downtown.
Downtown
-
Community Activities
- Support Tulare Downtown Association with CommunityActivities
Administration
- Self-Funded to support PBID operating costs. Administration includes a
paid Director position, direct and indirect charges, PBID collection and loan repayment,
along with a small amount for contingency.
The PBID
Will Not
replace any pre-existing general City services. With the formation of the
PBID, The City is requested to participate with support of the PBID requirements. The City of
Tulare is requested to partner with the PBID through economic development financial
assistance.
How
MUCH WILL A PBID COST?
PBID is proposed to replace the current TDA association fees, and the assessed costs will belower than TDA fees. Property assessments are assessed evenly based off benefits received,
and
All
properties contribute, including the rail-road corporation, vacant lots and vacant
buildings. Assessment distribution is based off lot linear footage in ratio to parcel’s actual
benefit received. Per state law, the PBID Assessments must be facilitated by a licensed
Assessment Engineer, in order to attain certified assessments. The exact cost analysis will be
certified, reviewed and edited by property owners before ballots are initiated.
 
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"
How
WILL A PBID IMPACT THE EXISTING IDA?
The existing Tulare Downtown Association is an already established district and is proposed to
remain in place to continue its services and will continue to be managed internally. Cooperation
and working relationship with the TDA is needed to make the PBID work successful.
Currently, Downtown marketing, special events and other promotional programs are producedby the Tulare Downtown Association. The PBID Board of Directors will work and integrate with
the TDA to continue and possibly contract certain agreed services. However, the PBID will
replace the TDA assessment charges. Only the PBID property assessment will be charged; not
both. The PBID Owner’s Association will be a new 501 (c) non-profit with a Board of Directors
consisting of property owners, merchants and members at large.One proposal is for the TDA to be contracted with the PBID Board; including a paid Director and
implement the collaborated goals, administration, marketing proposals, tenant relations and
special event programming for the Downtown district. The PBID Board will serve as the main
operating structure and source of the financing for the TDA. This final determination will be
developed by the PBID steering committee and final PBID Board of Directors.
WHAT ARE THE NEXT STEPS?
The next step by the PBID Steering Committee is to talk with you! Your input is needed. Once a
PBID is voted upon and approved, it is not a voluntary program. You will be required to participateand pay the assessment.
Your vote and opinion matters!
The PBID steering committee is working to secure funding for an Assessment Engineer. Once
funding is secured and contract facilitated, the Assessment Engineer will complete the
government compliance components necessary for a PBID Management Plan. All property
owners within the proposed district will be consulted, informed and provided complete materials
regarding the PBID formation and proposed assessments. Would you like to participate?
Once the Assessment Engineer completes the certified assessment report and the PBIDManagement Plan all documents will be presented to all property owners to review. The
Management Plan will be voted on by all property owners in the boundary areas. Government
agencies in the boundary have a vote as well. This election is facilitated through ballot by the City
of Tulare.
The goal of the PBID Steering Committee is to contract with Kristen Lowell Inc. in January 2013.
Ballot voting will take place in late 2013. If approved, the goal timeline for the PBID assessment isanticipated to be implemented on tax rolls for mid-year 2014.
WOULD YOU LIKE MORE INFORMATION?
After reading this material we hope to have earned your interest in a PBID for Downtown Tulare.Additional materials are prepared to answer your questions. The project is not complete, so don’t
worry. Your cooperation is needed to put together a comprehensive Management Plan to what
exactly the PBID can do to meet the needs of Downtown property owners’ and final review of the
needed budget. This PBID is Downtown’s way to
Reinvest
for
Success!
Thank you for your time and review. For additional information feel free to give any one of the
steering committee members a call or email.
** A supplemental packet is available upon request
###
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