Central Avenue Special Improvement District Votes to Continue Organization for Two More Years
The Central Avenue Special Improvement District Management Corporation (CASID), the oldest SID in Jersey City, will continue for two more years.
Members of the organization voted for the eleventh consecutive time to retain the corporation at its biannual meeting on No. 13. In accordance with the “sunset clause” in the CASID’s bylaws, the organization votes every two years to determine whether the organization shall continue for an additional two-year period.
“The vote is the mechanism through which the SID’s members can make sure that the organization remains accountable. Even during the tough economic times of the past several years when we’ve been forced to do more with less, I think my fellow merchants and property owners recognize the long term value of investing in Jersey City as a place to live and work,” said CASID President Michael Yun in a statement.
Founded in 1992, the CASID is dedicated to guiding and promoting the positive social growth and economic revitalization through supplemental management, maintenance, and improvements to the Central Avenue business district. In recent years the organization has organized the annual Everything Jersey City Festival, one of the state’s largest main street festivals, along with the creation of numerous murals and public art installations that have helped make Jersey City an art destination for art and culture.