Downtown property owners vote to renew Downtown PBID on April 14
In February, nearly 80 percent of downtown property owners showed their support of the Downtown Sacramento Partnership (DSP) by signing a petition to renew the Property Based Improvement District (PBID) for a new 10-year term. The petition initiated a final deciding property owner vote, required by state law, to establish the assessment district.
The final day for downtown property owners to submit ballots to renew the PBID is April 14. A public hearing at City Council is scheduled for that evening at which time all property owner ballots will be counted. If the DSP achieves a positive vote from over 50% of the property owners, the property assessment will be mandatory for all parcels within the PBID boundaries and the renewed PBID will have a ten-year life January 1, 2016 through December 31, 2025.
“The high approval rating from our owners during the petition campaign is a testament to what DSP has accomplished,” said DSP Board Chair Kipp Blewett. “We’ve been an effective voice for the business community, a leader in economic development in the core, and a nationally-recognized PBID. Owners also recognize that DSP is more critical than ever to ensuring we capitalize on the investments we have made and the opportunity before us.”
For the past two decades, the Downtown Sacramento Partnership has been a driving force downtown’s revitalization. Through its leadership, DSP has been able to galvanize the voices of property owners to push the community to think bigger and set the stage for change.
Renewal of the PBID will allow the DSP to continue laying the foundation for economic vitality of Downtown Sacramento through advocacy, economic development, public safety, and public space management services.
Click here for more information on Downtown Sacramento services.
Many thanks to the property owners who signed petitions to support our PBID renewal:
1000 KAY INVESTORS LLC – Jerry Wise
1000 K STREET LLC – David Taylor
12TH & K ST MALL PARTNERS LLC – Robert Clippinger
1415 MERIDIAN PLAZA LLC – Mark Enes
1531 L STREET DEVELOPERS LLC – Kenneth Fahn
15TH/L INVESTORS LLC – Shelly Moranville
15TH/L STREET LLC – James Cordano
300 CAPITOL ASSOCIATES NF LP – Nico Colouras
428 ASSOCIATES LIMITED PARTNERSHIP – John Brennan
520 CAPITOL MALL INC – John Brennan
601 CM LLC – David Taylor
621 CAPITOL MALL LLC – David Taylor
630 K STREET PARTNERS LLC/BUZZ OATES LLC – Kipp Blewett
700 BLOCK INVESTORS, LP – Bay Miry
718 K STREET LLC – Moe Mohanna
925 L STREET INC – Trish Crichton
AFI PARTNERS LLC – Steve Ayers
ATRIUM FINANCE I LP – Liz Tavernese
BAY MIRY TRUST – Bay Miry
BOLLINGER FAMILY 2012 LLC – Jason Bollinger
BUZZ OATES DEVELOPMENT L P – Kipp Blewett
CAL WEST PARTNERS LP – Kipp Blewett
CALIFORNIA FRUIT BLDG LLC – John Leonard
CALIFORNIA NEW CAR DEALERS ASSOCIATION – Brian Maas
CAPITOL CENTRE BLDG LLC – Bob Lycette
CAPITOL PLAZA HALLS L P – Moe Mohanna
CAPITOL REGENCY LLC – Troy Crosby
CARLING KRISTIE K – Johan Otto
CATHEDRAL BUILDING LLC – Bob Lycette
CHURCH SCIENTOLOGY SACRAMENTO – Mike Klagenberg
CIM REIT LP NEWCO 1 L P – Terry Wachnser
CIM/980 9TH STREET SACRAMENTO LP – Terry Wachnser
CIM/J STREET HOTEL SACRAMENTO LP – Terry Wachnser
CIM/SACRAMENTO LLC – Terry Wachnser
CITY OF SACRAMENTO – Jim Martone
CITY OF SACRAMENTO – John F. Shirey
CORCOS FAMILY LIMITED PARTNERSHIP – Deborah Chausse
CORDANO ENTERPRISES LLC – James Cordano
CORUM FAMILY PARTNERSHIP – Edward Corum
COUNTY OF SACRAMENTO – Bradley J. Hudson
COUNTY SUPERVISORS ASSOCIATION OF CALIFORNIA – Kelli Oropeza
D & S DEVELOPMENT INC – Bay Miry
EAST END LOFTS II LLC – Mike Heller
EBNER/EMPIRE LLC – Johan Otto
ELEVENTH/ J DEVCO LLC – Pete Geremia
ELLIOT LOFTS INC (EAST END LOFTS LLC) – Mike Heller
FAHN STANLEY – Kenneth Fahn
FAT FRANK S INC – Jerry Fat
FDR INVESTORS LLC – Janie Desmond Ison
FRANK FAT PROPERTIES – Jerry Fat
GCCFC 2005 GG5 L STATE LIMITED PARTNERSHIP – Delaine Ward
GEORGE GAIL G – Richard Reissinger
HAFEEZ FAMILY 1997 REVOCABLE TRUST – Abdul Hafeez
HALE BROS INVESTMENT COMPANY LLC – Phillip Harvey
HARVEGO REAL ESTATE LLC – Lloyd Harvego
HINES SACRAMENTO / WELSS FARGO – Nico Colouras
HISTORIC CALIFORNIA COMBINATION COMPANY – Bunny Angelo
HISTORIC CREST COMML CENTER LLC – Bob Emerick
J J/J Z CORDANO FAMILY CHILDRENS TRUST – James Cordano
J STREET REFORMATION PARTNERSHIP – Moe Mohanna
JUDSON RICHARD/SHERON C LANDIS FAMILY TRUST – Mary Mesa
KENNY / KATHLEEN WONG LIVING TRUST B – Kathleen Wong
MARSHALL HOTEL INVESTORS LIMITED PARTNERSHIP – Pete Noak
MEEKER DAVID R – David Meeker
MERCHANTS NATIONAL BANK – Stephen A. Meyers
MOHANNA MOHAMMED H – Moe Mohanna
MONTEREY / GREAT PAC CORPORATION – Jennifer Hayer
NEW LEGACY 555 LLC – Kipp Blewett
NORZEI FAMILY TRUST – Pete Noak
OLD SAC ILOFTS CONDOMINIUM ASSOCIATION – Bay Miry
OLD SAC PROPERTIES LLC – Lloyd Harvego
OLDTOWN BENNETT INVESTORS – Jason Bollinger
ONE CAPITOL MALL INVESTMENTS L P – Mark Enes
PRESERVATION DEVELOPMENT LLC – Bay Miry
RANDLETT JAMES E – James E. Randlett
REA LIMITED PARTNERSHIP – Johan Otto
RIDGEWAY SRO INVESTORS L P – Ali Youssefi
ROBERT C COOK JR FBO JANE A COOK / ETAL – Robert C. Cook
SACPROP(FEDERATED DEPT STORES INC) – Heather Stallion
SACRAMENTO CO EMP CREDIT UNION – Bhavnesh Makin
SACRAMENTO EQUITIES REIT – Glen E. Mitts
SACRAMENTO HOTEL PARTNERS LLC – Steve Mammet
SB SACRAMENTO REAL ESTATE LLC – Davd J. Rumburg
SCURFIELD FAMILY LIMITED PARTNERSHIP – David Scurfield
SEQUOIA INVESTMENTS L P – Thilo Koehler
SG DOWNTOWN LLC – John Reinhart
SIX BAR C LLC – Robert C. Cook
ST ANTON INVESTORS LLC – Pete Geremia
STATE OF CALIFORNIA – Jim Martone
STATE OF CALIFORNIA PARKS – Dana Jones
SWITCH BUILDING INVESTORS LP – Mark Enes
THEA STIDUM TRUST – Thea Stidum
THERESA A FINGER IRREV TRUST – Dave Scurfield
THOMPSON JERAL – Jerry Thompson
TOWERS ON CAPITOL MALL LLC – Terry Wachnser
UTAH PARTNERS LLC – Steve Ayers
WHAT CHEER HOUSE LLC – David Scurfield
WILLIAMSON BERT C – Bert Williamson
