The JFK IBID Planning Committee has completed Phase I and II of the BID formation process, which followed the Step-by-Step guide and requirements of the New York City Department of Small Business Services (SBS), the agency that supports the economic development work of organizations throughout the City, from merchant block associations to economic development corporations and Business Improvement Districts (BIDs).
The JFK IBID Planning Committee prepared a FINAL District Plan and demonstrated support for the BID Plan. A review meeting with City agencies (ie. Inter-agency Meeting) took place in February 2016 which marked the kick-off for the start of the legislative approval process. The application was submitted to City Planning Commission, which in turn, was provided to Community Boards 12 and 13 for opportunity to comment and hold public hearings. The District Plan was then considered by the City Planning Commission, who held its own public hearing, and then issued a report to City Council. The BID Plan and legislation then was considered by City Council. Upon approval by City Council and the Mayor’s signature, Phase III – Start-Up Tasks of the BID, represented by a not-for-profit District Management Association, the creation of By-Laws and a Board of Directors, among other set-up tasks, gets underway.