Main Street businesses would be taxed at a rate of 0.6 percent.
Main Street businesses would be taxed at a rate of 0.6 percent.
That money – about $130,000, based on 2013 assessed value – would be used to create a downtown-centric organization whose manager would promote the businesses, fund storefront improvements, hold events, fill vacancies and come up with other ways to revitalize the area.
The Hillsboro City Council would have to hold three hearings – the first of which will be during Tuesday’s 7 p.m. meeting at the Hillsboro Civic Center Auditorium – to turn the idea into reality. The first two hearings would consist of first and second readings of an ordinance to create the district.
Read more at OregonLive.com.
