If I understand this correctly, downtown property owners could be faced with a potential assessment, not the business who may occupy, I.e. rent the space. Unless, they are one and the same. Correct? Of course, ultimately, downtown property owners may try to recoup this extra cost thru rent increases?
If I understand this correctly, downtown property owners could be faced with a potential assessment, not the business who may occupy, I.e. rent the space. Unless, they are one and the same. Correct? Of course, ultimately, downtown property owners may try to recoup this extra cost thru rent increases?
Yes, it will be the property owners that will get the bill, with those costs passed on to tenants.