According to MSDDA Director Dana Kollewehr, the PSD would be implemented in two zones. The first zone would encompass the waterfront area on Harbor Drive from 2nd Street to Howard and between the north side of Franklin Street and Columbus Avenue from Harbor Drive to 3rd Street.
This area would have an assessment of 20 cents per square foot for ground floor commercial space and 10 cents per square foot for upper floors for commercial space, she said.
The rest of the MSDDA district would be in an area known as the non-core zone. The assessment for this area would be 9 cents for ground floor commercial space and 5 cents for all other floors, Kollewehr said.
The money raised by the assessment would be used to market and promote the MSDDA district, and MSDDA officials have estimated that the assessment could bring in just more than $100,000 per year for these efforts.
The MSDDA currently employs a voluntary membership program. Of the 227 businesses in the district, 29 percent of the MSDDA businesses pay into the program, contributing to marketing and promotions.
According to Kollewehr, the next steps for the PSD would involve setting a public hearing in front of the City Council and then getting their approval before it could be established.
To read more of this story, see today's print edition of the Grand Haven Tribune.