000 01448cam a2200289 4500
001 ABS64307
008 010803n2001 000 0 eng u
035 _a(Sirsi) u113936
100 _aVickers, T.
245 4 _aThe land tax solution to renewal
260 _c2001
490 _aRegeneration and Renewal
_v6 July 2001, 12(1)
520 _aExamines the US system of business improvement districts (BIDs) which were first considered as a means of urban renewal by the Urban Task Force in 1999. Five areas in London are set to become pilot BIDs. The idea of a BID is an urban area that receives special tax status in order to pay for regeneration of the local business environment. The main problem of implementation is funding. Most of the BIDs in North America use an additional property tax levied on landlowners, but there has been a mainly negative response to this idea from business organisations in the UK. Article outlines and addresses the problems of an alternative form of property tax, which splits the value of properties into two elements: land and buildings.
590 _aABS
650 _aBIDS
650 _aURBAN RENEWAL
650 _aBUSINESS IMPROVEMENT DISTRICTS
650 _aUNITED STATES
650 _aSPECIAL STATUS
650 _aTAX EXEMPTION
650 _aFUNDING
650 _aVACANT LAND
650 _aVACANT BUILDINGS
650 _aUNIFORM BUSINESS RATE
690 _aREGENERATION
942 _n0
999 _c67890
_d67890