Stillwater News Press

Business

August 25, 2012

What is a BID?

STILLWATER, Okla. — What is a BID?

• Downtown Stillwater property owners pay an assessment to finance the reinvention of downtown as a business, cultural and entertainment district.

• The BID coordinator works with downtown Stillwater businesses to sponsor events and provide business expansion loans and commercial and residential grants.

• The BID offers an incentive loan/rebate program to help businesses expand. It also offers grants to improve commercial and residential building exteriors. A grant program also is available to help businesses market or promote their services.

• The BID Coordinator’s office is located in the Municipal Building, 723 S. Lewis St.

 

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