A Business Improvement District (or “BID”) is a special district where projects are conducted to enhance that area’s economic vitality. The BID is both a defined geographic area as well as its own organization. The goals and individual projects of each BID are determined by the businesses and commercial property owners that are located within the district. A BID is the ultimate form of localized control, as all initiatives and projects are created with the sole purpose of supporting that district and its businesses directly with oversite and guidance by its own Board of Directors.