St. Charles Times

The proposed creation of the Frenchtown Special Business District (SBD) is set to be discussed at the May 7, 2024 City Council meeting for consideration. If approved, the SBD will have the authority to impose additional taxes to fund public improvements and services within the district. This initiative aims to enhance the neighborhood's safety, attractiveness, and marketability.

The concept of a Special Business District (SBD) as explained by an unknown source, is a separate political subdivision that can levy extra property and business taxes to support specific public projects and services. SBDs are typically established through city ordinances and require voter approval to move forward. The primary goal of SBDs is to revitalize neighborhoods and make them more appealing to residents and businesses.

Residents and business owners in the Frenchtown area are encouraged to review the FAQ document related to the SBD proposal to understand the implications and procedures for obtaining a ballot for voting on this matter. Additional information will also be sent out via mail to ensure widespread awareness and participation in the decision-making process regarding the establishment of the SBD.

The potential establishment of the Frenchtown Special Business District represents a significant step towards enhancing the local community's infrastructure and services. If approved, this initiative could lead to improvements that make the neighborhood safer, more attractive, and ultimately more desirable for residents and businesses alike.