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What is a Business Improvement Area?
A Business
Improvement Area is a geographic area in a municipality. A BIA board
of management is an organization set up to provide certain business
promotion and improvement functions within that area.
A BIA allows local
business people and property owners to join together and with the
support of the municipality, to organize, finance and carry out
physical improvement and promote economic development in their
district. The local municipality is the body that is responsible for
approving the budget of the BIA.
There are now more
than 230 BIA's in place across the province. They vary in size from
less than 60 businesses and property owners to more than 2,000.
Why
both a "Merchants Association" and a "BIA"?
St. Marys is probably unique in its decision to carry on a Merchants
Association even after a BIA was established in 1979. Most BIA's simply appoint a promotion committee for special events and
other promotions. In St. Marys, it was felt the established Merchants Association could
handle that role. So far that idea has worked reasonably well.
Rather than the BIA earmarking an amount for promotions, and writing a
cheque for each promotion, a separate Merchants Association bank account
is self-administered by the merchants themselves -- the funds for which
are provided through the St. Marys BIA. |

Looking
west
along Queen St. E., St. Marys, Ontario
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