Lawsuit Against Covington Business Improvement District Dismissed
A lawsuit filed in February against the City of Covington, the Covington Business Council, and the Urban Partnership has been dismissed.
Scott Street Land Company and Berger Family Real Estate filed the suit to stop the proposed Business Improvement District (BID), a project in which Downtown Covington business owners would elect to assess themselves an additional tax in order to fund clean-up, promotional, and infrastructure-related programs.
The Covington Business Council (CBC) through its affiliated Urban Partnership (UP) is spearheading the effort to create a BID and is still in the process of collecting the necessary number of signatures (51% or more of property owners representing 51% or more of the property value).
Kenton County Judge Patricia Summe determined this week that the lawsuit would not go forward.
"Plaintiffs cite no law requiring a certain procedure to be followed in setting the boundaries of a management district; furthermore, the management district has not yet been established so the boundaries have not yet been set but remain merely proposed, and therefor the assertion that boundaries proposed by the City here are arbitrary and unlawful does not state a claim that upon which relief may be granted," Summe wrote.
Rick Wessels of Scott Street Land Company, which owns the massive Gateway Center office building, told The River City News in February, "The way we look at it is, we pay in excess of half a million dollars in real estate taxes already. Covington has a lot of good things going for it now, a lot of positive development going on, but the issues Covington has are not going to be solved by higher taxes and this proposal for this special taxing district has been a campaign of misinformation for well over a year now."
Photo: RiverCenter Blvd. in Downtown Covington/RCN file