Members of the Hollywood Entertainment District - the neighborhood's Business Improvement District - overwhelmingly voted to renew the district. Today, the City Council approved the 10-year renewal, which will begin on January 1, 2009 and end on December 31, 2018.
Comprised of property owners that assess themselves to pay for joint services, the Hollywood Entertainment District has played an important role in Hollywood's revitalization. Because of its efforts, Hollywood is safer, more family-friendly, and a more attractive place for businesses than it has been in a long time. The renewal of the Hollywood BID will help ensure that we continue to bring more opportunities to our community.
The BID renewal expands its boundaries to increase the area, number of property owners, and number of parcels that will benefit from the BID's core services: security, maintenance, and marketing.