Not enough! They have not supported local business\’s in a noticeable way as the street has been developed. There have been numerous street closures due to building construction, road work and putting things like meters onto the street. There is nothing done to tell landlords about the benefit of these developments (except the obvious rent increases) but what about all the lost shopping days, more rent and what do we get?
West 4th has a history of great personality that is quickly being lost to the Footlockers of this world. It is getting harder for the personality driven retailers to hold their place. What is going on with the price point and who exactly is this street for? I am confused about what they are doing for us.

The Kitsilano 4th Avenue Business Improvement Association has submitted the following business promotion scheme and budget for Council’s approval and has requested a recoverable grant of $135,419 for 2007-08. The total requested amount includes operational funding of $135,000 plus an additional levy amount of $419 to offset a corresponding City deduction from 2007-08 disbursements. The purpose of the deduction is to enable the City to recover a 2006 BIA levy shortfall incurred due to inclusion of an exempt property.

REVENUE
a. Basic Levy Amount $135,000
b. Levy Adjustment to Offset City Recovery $419
Total LEVY $135,419
c. Surplus Carried Forward 5,000
TOTAL BUDGET $140,419

EXPENDITURES
a. Business Promotion, Advertising & Special Events $39,500
b. Street Amenities & Enhancements – Banners, Clean Team $25,000
c. Security Patrol $40,000
d. Staffing, Administration & Communication $34,150
e. Levy Adjustment to Offset City Recovery 419
f. Contingency 1,350
TOTAL $ 140,419

Projected Reserve Fund at 2007-08 Year End $ NIL

The business promotion scheme was approved by the majority of members present at a reconvened general meeting held on September 21, 2006. Further details of the proposed budget are provided in Appendix O. This is the second year of their second five-year mandate.