If the downtown property owners are receiving a significant benefit from the project, shouldn’t they bear a significant cost?
More so than any other street on the island, Winslow Way is used by most all who live and work on Bainbridge. Improvements to the roadway and adjoining sidewalks will benefit those who drive, walk and shop downtown. Of all the places on the island, Winslow Way comes the closest to being our community commons — a place we all share, in use and responsibility. That said, downtown property owners will contribute to the cost of the Streetscape project in many ways. They will pay for utility connection upgrades for their existing building. They will pay a higher percentage of utility consumption fees that support the replacement of infrastructure. They will pay for upgrades and repairs to their existing buildings that are required to be completed prior to the street replacement, and they will also have to bear the burden of disruption during the 9-month construction schedule. Experts and islanders alike have said for decades that a secure, healthy and vital community is best preserved by a
Related Questions
- How is "fair market value" calculated? Are property owners going to be compensated for only their property, or also the cost of moving and taking time off work?
- If the downtown property owners are receiving a significant benefit from the project, shouldn’t they bear a significant cost?
- What is the amount and term of the bond and what will it cost property owners?
