Business Improvement District No. 1

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History & Purpose

Monterey Park's City Council created the Downtown Business Improvement District (BID) in 1986 at the request of local merchants who wanted to fund holiday decorations. Almost 30 years later, the BID pays for marketing services, quarterly sidewalk cleaning and custodial services, and street furniture, in addition to the holiday lighting. The BID recently installed new benches, planters, and bike racks and maintains the fresh coat of burgundy paint on lampposts and trash receptacles.

Annual Report

 

As part of the renewal process, state law requires the filing of an annual report with the city clerk, which includes a schedule of the assessment fee, summary of the activities and expenditures for the past year, and the proposed budget for the upcoming year.