About the Voorhees Township Business Improvement District
“A business improvement district (BID) is a defined area within which businesses are required to pay an additional tax (or levy) in order to fund projects within the district’s boundaries. The BID is often funded primarily through the levy but can also draw on other public and private funding streams. These districts typically fund services which are perceived by some businesses as being inadequately performed, such as cleaning streets, providing security, making capital improvements, construction of pedestrian and streetscape enhancements, and marketing the area. The services provided by BIDs are supplemental to those already provided by the municipality. The revenue derives from a tax assessment on commercial property owners, and in some cases, residential property owners.”
To ensure that the statutory purposes of the BID, namely to promote economic and employment growth within the BID and preserve and enhance the function and appearance of the BID, are achieved.
Excerpt from the ORDINANCE NO. 3225-18 below:
The purpose of this Chapter is to establish the Voorhees Town Center Business Improvement District, (hereinafter the “BID”), within the Township of Voorhees and to establish rules and regulations governing the organization, operations and authority of the BID Advisory Board towards the goal of ensuring that the statutory purposes of the BID, namely to promote economic and employment growth within the BID and preserve and enhance the function and appearance of the BID, is achieved.
In furtherance of the stated purpose, the Voorhees Township Committee finds and declares as follows:
- That it is in the best interests of the Township of Voorhees to maintain a business improvement district and that the areas within the Township of Voorhees identified by block, lot and street number on Schedule A will benefit from being designated as the “Voorhees Town Center Business Improvement District.”
- That the BID shall be governed by an Advisory Board, the members of which shall be appointed by the Mayor pursuant to N.J.S.A. 40:56-79, which Advisory Board shall assist the Voorhees Township Committee in the management of the BID towards the goal of benefiting the businesses, employees, residents and consumers within the BID.
- That the BID shall be managed by the Township Committee, with the advices and assistance of the Advisory Board, in the manner contemplated by law.
- That it is the intent of the Township Committee to establish the Voorhees Town Center BID and to establish the Advisory Board in accordance with the rules, regulations and/or guidelines for the organization and operation of the Advisory Board as outlined in the provisions of this Chapter.