Business Improvement Area
A Business Improvement Area is a geographical area that is established through Municipal By-law and is governed by the Municipal Act, 2001. A Business Improvement Area (BIA) allows local business people and property owners to join together and, with the support of the municipality, organize, finance and carry out physical improvement and promote economic development in the downtown business section. A BIA Board of Management is composed of property owners and business operators, along with at least one member of council, and is set up to provide certain business promotion and improvement functions.
The Business Improvement Area has two-fold mandate:
- To improve, beautify and maintain public lands and buildings within the BIA, beyond that which is provided by the municipality at large, and
- To promote the area as a business and shopping area.
Establishing a BIA creates benefits such as improved atmosphere and ambiance. The beneficiaries are not just local retail merchants, banks, and professional offices, but include a variety of other benefits. Increased values for property owners, secure source of funding for upgrades, increased community interest, improved communication between business and municipal council, and cost savings through improved allocation of finding and promotional activities.
Business Improvement Area Board of Management
Liz Talian-Clarke – Chair
Heidi McLaren – Vice-Chair
Manuela Batovanja – Secretary/Treasurer