District merchants -- the majority of whom lease their space -- pay special property taxes and other assessments as rents that are among the highest -- if not the highest -- in Boone County. But for all their payments -- and the life blood they bring to the city -- the average restaurant, curio shop, art gallery, or bookstore owner has a muted voice relative to City Hall and a handful of downtown developers.
No doubt, private development -- particularly projects that preserve historic buildings -- has been a tremendous boon to the entire city. But a creeping burden is being shifted onto the shoulders of the District's small business economic engines.
New pocketbook stressors are due to hit soon, from those skyrocketing parking fees and fines to a special sales tax to fund a downtown bureaucracy called the
Community Improvement District or CID, born of two other bureaucracies, the Central Columbia Association and the Special Business District.
Though sold to improve downtown's business climate, the fees and assessments
mostly fund new building initiatives. Case in point: this
July 2010 CID meeting minutes mentions tangible merchant benefits
only briefly, instead focusing almost entirely on development incentives as it pushes the new downtown-only sales tax. From the PowerPoint:
"
Redevelopment on a site of one acre or more is eligible for partial exemptions...."
"Decrease
impervious surface on site by 15%...."
"Lots with an improved preliminary or
final plat..."
"...unreasonable burdens...in the
stormwater manual..."
Economic Ecosystem Community ecosystems are fragile things.
Physically, the might of a tornado can crush them in an instant. Economic stressors need more time to take a toll, but the devastation can be just as severe -- and more permanent, as the boarded-up buildings, high taxes, foreclosed houses, and defunct downtowns in neighboring communities all around the mid-West remind.
Columbia occupies a special place in this fragile economic ecosystem. Our leaders should be cautious in the burdens they keep piling on.