Lark Street Area District Management Association Inc
The Lark Street BID is a not-for-profit organization that works to build, sustain, and enhance a unique and prosperous living and business community for the residents, visitors, and merchants of the Lark Street Neighborhood of Albany, NY. This is accomplished through the core neighborhood services of Neighborhood Safety, Street Maintenance, Neighborhood Marketing, and Special Events and Promotions.
Lark Street Area District Management Association Inc.
The Lark Street Area District Management Association Inc., commonly known as the Lark Street Business Improvement District (BID), is a not-for-profit organization based in Albany, New York. Its primary goal is to build, sustain, and enhance a unique and prosperous living and business community in the Lark Street neighborhood.
Purpose and Activities
The organization operates under the New York General Municipal Law, focusing on various key areas:
- Neighborhood Safety: It works closely with local authorities and residents to maintain a safe environment by fostering open communication and addressing safety concerns promptly.
- Street Maintenance: This includes regular street cleaning and maintenance, ensuring the area remains tidy and appealing.
- Neighborhood Marketing: The BID promotes businesses along Lark Street, showcasing its vibrant arts and culture scene through various marketing campaigns.
- Special Events: Organizing events like LarkFest, Art On Lark, Champagne on the Park, and Halloween parties to attract visitors and boost local revenue.
Governance
The organization is governed by a board of directors that includes representatives from property owners, local government, and other stakeholders. The board may increase or decrease its number of directors by a majority vote at regular or special meetings. There are designated roles for directors, including those appointed by the Mayor, Common Council, and Treasurer of the City of Albany.
Membership
Membership is structured into classes, with eligibility based on property ownership and residency within the district. Class A members include commercial property owners, while other classes include residential property owners and tenants.
Legal Status
The Lark Street Area District Management Association Inc. is registered as a charitable organization with the EIN 141789430. It operates without the intention of generating pecuniary profit for its members or officers, focusing instead on community enhancement.
Community Impact
Through its programs and partnerships, the Lark Street BID contributes significantly to the vibrancy and attractiveness of the Lark Street corridor, making it a central destination for dining, entertainment, and nightlife in the Capital Region.
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