BELMONT - Belmont store owners are proposing that their neighborhood become a business improvement district, or BID.
Business owners hope that the neighborhood improvements associated with becoming a BID, such as better store promotion and a proposed plan to increase parking, will help them thrive. Building landlords would have to pay increased taxes to become a member, but most say it would be worth it.
?In order to progress, it's the next logical step,? said Frank Franz of the Belmont Small Business Association. ?It's what we need to do to stay competitive in the city and to provide better services.?
The proposed BID has been in the works for two years and would be home to more than 300 business and span 37 blocks.
Community Board 6 will vote on the proposal Feb. 13 - .