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Downtown decision – Meetings slated on proposed improvement district

By   /   Friday, August 8th, 2008  /   Comments Off on Downtown decision – Meetings slated on proposed improvement district

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Ventura city and downtown business leaders again are trying to form an improvement district to keep improving the economy by fixing streets and sidewalks and providing more security.

The Downtown Ventura Organization, or DVO, is planning to hold a series of town hall-style meetings beginning Aug. 12 to discuss formation of the district.

“The momentum downtown is incredibly robust – even in the midst of a nationwide economic slowdown and a very disruptive local infrastructure reconstruction project,” said DVO Executive Director Rob Edwards.

“Despite both these obstacles to progress, downtown Ventura retailers and restaurateurs continue to yield returns on the city’s investment.

Downtown sales tax revenues actually increased over the past year by 1 percent. That is very modest growth, but it bucks a trend.”

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