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About the BRZ |
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Purpose
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A Business Revitalization Zone (BRZ) is a unique opportunity for businesses to work together to accomplish mutual goals. Customers want safe, interesting and attractive places to shop, dine and conduct business. To attract these customers, a BRZ can enhance an area through:
- Streetscape improvements
- Joint promotions and festivals
- Economic development initiatives
- Facade Improvement Program
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BRZ Business Association
Though set up and governed by a combination of provincial legislations and City policy, a BRZ is initiated at the request of a business community. When a BRZ is created, City Council establishes a business association, sets the BRZ boundary, and approves a Board of Directors and annual budget. The budgeted amount is collected through a special tax levy of BRZ members. Once established, City Council annually approves the BRZ’s budget, Board of Directors, and special tax levy. All monies collected by the City are returned to the Business Association in quarterly instalments to fund the BRZ's initiatives.
Annual Requirements
A business association must meet several requirements each year:
- Produce an audited financial statement and annual report
- Conduct an annual general meeting for its members
- Nominate a Board of Directors
- Draft an annual budget
Many of Edmonton’s current BRZs have hired an Executive Director to ensure that these requirements are met and to advance the association’s initiatives.
Civic Coordinating Function
The Planning and Development Department provides the civic coordinating function for Edmonton’s BRZs. Staff provide consultative and planning services related to the establishment and ongoing operation of BRZs. Staff also prepare BRZ reports and bylaws for City Council’s consideration.
Office Location
#201
15241 - Stony Plain Road
T5P 3Y4
Phone: (780) 477-5169
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