A BID is a 501(c)4 non-profit entity. It is not a unit of government, though the local municipality has the initial responsibility to create the BID once petitioned by the local property owners showing interest in the formation of the BID. A BID can have as many Board members as they’d like, and these Board members approve the Operating Plan that is submitted to the municipality each year. The Board governs the direction of and oversees the annual budget of the BID and is comprised of local business and property owners. The BID Board determines what projects and goals it would like to see accomplished every year of its existence. The BID Board can decide if they will hire staff or another entity to carry out their mission and complete their desired projects.
Airport Gateway Business Improvement District #40 Board of Directors