PIERRE, (KCCR) — The Pierre City Commission has approved a resolution that is the first step in establishing a business improvement district for a portion of the Chapelle Investments property. Toby Morris with Colliers Securities says Business Improvement Districts are an economic development tool used across South Dakota…
Morris says passing the resolution of intent to create the BID district is the first part in a two-part procedure to enact the BID…
Commissioner Jamie Huizenga says enacting the BID will have no impact on Pierre taxpayers…
BID number Three’s Board consists of five Hegg Company employees, mostly members of the Company’s leadership team. The chairman of BID District Number Three is Hegg Company president and C-E-O Paul Hegg.
