Gwinnett Village Community Improvement District expands
By Dan Klepal
The state’s largest community improvement district just got bigger.
Gwinnett County commissioners Tuesday approved the addition of 30 parcels to the existing 14-square-mile Gwinnett Village Community Improvement District, which will add about $45,000 per year in revenue for the organization that helps fund infrastructure improvements and provide security for businesses in the I-85 corridor in the southwest portion of the county.
The district formed in 2006 and represents more than 550 commercial owners, accounting for over $1 Billion in commercial property value. The district’s annual budget is about $9 million.