The City of Edmonds has a relatively new “Advisory Board” which is called the Edmonds Business Improvement District (EDBID). This board assesses businesses within the downtown boundary area (which they determined) a certain amount of money based on square footage. This new entity was formed with the idea that they will be able to bring more people to Edmonds through different avenues such as advertising, improved parking and more garbage cans.
This idea is all fine and good except for a few problems. To begin, I believe we already have several associations such as the Chamber of Commerce, the Downtown Edmonds Merchants Association (DEMA), the Economic Development Commission to just name a few. Also, the way in which the EDBID proposes to spend our money is mystifying. For example, they are going to spend $50,000 on brand identity and marketing for the BID itself and just $5,000 on appearance and environment!
I am personally upset with the way the EDBID is planning to spend our hard earned dollars. Do we really need another association telling us what to do and how to do it?
The following information is taken directly off the EDBID website:
In accordance with the scope of work in Ordinance 3909, budgeted expenditures for the 2014 operating year of the EDBID will be as follows:
District Association Administration $10,000
District Association Insurance & Licensing $3,000
Marketing & Branding/Identity $50,000
Member Engagement and Outreach $5,000
Professional Business Resources $12,000
Appearance & Environment $5,000
TOTAL 2014 REVENUE $85,000
Angela Wolf, MA