Chinatown BID Interim Board minutes with Politician's representatives listed,
Board member's names and suggested period to start taxing property owners.
"In September, the City Council passed the Chinatown BID law and the mayor also signed off of it, but it did not get final approvals from the State Comptroller until January, 2012, spokesperson Merideth Weber said. The amount to be charged for the fiscal year will be around $500,000 instead of $900,000 and property owners will be notified of the assessment being charged and how credit will be applied for those that did pay the fees, she said." - the Village Voice, Sam Levin
"[Wellington] Chen called the issue a "technicality," dismissing AALDEF's characterization of the BID fees as being "illegal."
They also concluded that the BID was not formed at the time Mayor Bloomberg signed the BID into law ( apparently a popular belief among BID Board members and even its Exec. Dir.) in Sept. 2011, but rather when it was signed by the State Comptroller and then finalized by Small Business Services in Jan. 31 2012.
According to the minutes provided by the Chinatown BID interim Board, Eddie Eng of Small Business Services advises the BID Board they have two choices in which to start the "funding" of the BID, either July 2011, or October 2011. The BID board supposedly voted unanimously to do the later, although this recently has been questioned by some on the BID Board itself.
The interim Chinatown Business Improvement District Board of Directors includes these representatives: