BID remains a major talking point
The City Council chose to eliminate a resolution from their meeting agenda Thursday night that would have postponed a public hearing on the proposed downtown Business Improvement District from Dec. 18 until Jan. 22, but the topic continued to be the major talking point of the night.
Several major Troy developers including John Hedley, Sam Judge, David Bryce, and Jeff Pfeil showed up along with other board members from the Troy Downtown Collaborative to show their support for the BID and thank the council for not delaying the public hearing.
If the hearing had been delayed, the 30 day period for property owners to vote against the BIDs establishment also would have been delayed. As it currently stands, that period will begin after Dec. 18.
Local restaurant owner Michael LoPorto and Tony Iannacito, the owner of Tony of Italy on Fourth Street, spoke in opposition to the BID's creation because they did not want property owners to pay an increased 5 percent property tax and felt its cost for administration was too high.