Rick DaSilva Of Oakland Chinatown Chamber Of Commerce On Downtown BID And Chinatown

(Last Updated On: December 29, 2018)

via Oakland News Now Rick DaSilva is the President of the Chinatown Chamber Of Commerce and Partner in Loh Realty and Investments. He’s also someone I’ve know since 1997, when worked as Mayor Elihu Harris Economic Advisor. Zennie says he literally ran into Rick at the July 24th City Council Meeting where the Downtown / Uptown Business Improvement District was approved for another 10 years of life.

If you’re wondering what the Business Improvement District , or what a Business Improvement District is and does, it takes advantage of what’s called Mello – Roos Financing as passed by a legislation called Mello-Roos, or the 1982 The Mello-Roos Community Facilities District Act. The The Mello-Roos Community Facilities District Act happens when 2/3rds of the property owners in a drawn special boundary of any shape or size vote to tax themselves. The purpose of the The Mello-Roos Community Facilities District Act use in the Downtown case happened as an outgrowth of concerns about vandalism and security in the Downtown area in 1999.

has several BIDs: Downtown Association, Fruitvale Business Improvement District , Jack London Improvement District, Koreatown/Northgate BID, Laurel District Association, Lakeshore Avenue Business Improvement District, Montclair Village Association, Rockridge District Association, Temescal/Telegraph, and Lake Merritt/Uptown Association.

As Rick DaSilva explains in the video, the Chinatown Chamber Of Commerce is a kinds of watch-dog organization over the Downtown BIDs. He has concerns over how development has encroached on Chintatown, and that, combined with the high-minimum wage ordinance has combined to hurt the small independent businesses that give Chinatown its character, and leave it to be changed by giant chain retailer and restaurant operators.

Stay tuned.

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Zennie Abraham
Zennie Abraham is the CEO of Zennie62Media

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