Representatives with the proposed Airport West Community Improvement District (CID) tell Georgia Unfiltered they've submitted documentation to Fulton County Tax Commissioner Arthur Ferdinand showing the proposed CID meets all the requirements under state law.
A community improvement district is a self-taxing area authorized by the Georgia Constitution (Article IX, Section VII) to provide one or more of the following government services and/or facilities:
- Street and road construction and maintenance, including curbs, sidewalks, street lights, and devices to control the flow of traffic on streets and roads;
- Parks and recreational areas and facilities;
- Storm water and sewage collection and disposal systems;
- Development, storage, treatment, purification and distribution of water;
- Public transportation;
- Terminal and dock facilities and parking facilities; or
- Such other services and facilities as may be provided for by general law.
Organizers of the proposed Airport West Community Improvement District say they've received written consent from property owners representing $529 million in property value, including Delta, Chick-Fil-A, Marriott Hotels, and Wells Fargo.
Fulton County Tax Commissioner Arthur Ferdinand is in the process of verifying that the proposed CID complies with state law. Airport West CID representatives tell Georgia Unfiltered they expect certification from the Tax Commissioner to come this week. Once Ferdinand certifies the Airport West CID meets all the requirements to form, Atlanta, College Park, East Point, Fulton County will have to give final approval to the proposed tax district.
The Airport West Community Improvement District expects to generate $1.4 million per year in revenue to fund safety, traffic and aesthetic improvements within the CID boundary.
In the preliminary budget set up by the organizers, between 40 percent and 45 percent of the funds generated by the 5-mil assessment will be used to leverage state funds for transportation improvements. Increased security will receive 20 percent of the funding and 20 percent will go to litter control and landscaping.