Downtown Sheridan
Downtown Development Authority Forum
About This Site
This website has been created as an open forum for discussion about the potential for a Downtown Development Authority in Sheridan.
The Downtown Sheridan Association (DSA) has created a business plan for downtown, including assessing the feasibility of a DDA in Sheridan. A Downtown Development Authority (DDA) will allow the DSA to focus business and economic development efforts in downtown, creating an environment for leveraging public and private investment.
The information on this site is intended to inform property owners, businesses and residents as to what a DDA would be like in Sheridan, and to build support for its establishment.
Photos
Forum
Frequently Asked Questions
Started by Aaron Arnett. Last reply by Stacie Coe Oct 23, 2012. 6 Replies 0 Likes
During the course of creating the Downtown Business Plan and determining the feasibility of a potential DDA, the following questions arose:What is a Downtown Development Authority? A DDA is a…Continue
Potential DDA Structure
Started by Aaron Arnett Sep 17, 2012. 0 Replies 0 Likes
The recommendation for Sheridan is to create a DDA that would work in partnership with the Downtown Sheridan Association. The Downtown Sheridan Association would remain the "working" organization…Continue
Potential DDA Projects
Started by Aaron Arnett Sep 13, 2012. 0 Replies 0 Likes
The proposed DDA can pursue a number of projects to improve downtown that cannot be addressed by the current downtown management structure. Use this section to ask questions and provide comments on…Continue
Potential District Boundaries
Started by Aaron Arnett Sep 13, 2012. 0 Replies 0 Likes
It is proposed that the downtown district for the DDA remain as currently identified by the Downtown Sheridan Association. Use this section to ask questions or provide comments on the boundary of…Continue
Events
Latest Activity
Stacie Coe replied to Aaron Arnett's discussion Frequently Asked Questions"Jeff,
The DSA sent out an RFP, Request for Proposal, for this DDA project. The RFP was published in The Sheridan Press locally and also nationally through the Main Street and National Trust. We did not recieve any proposals from the tri-state area.…"
Aaron Arnett replied to Aaron Arnett's discussion Frequently Asked Questions"Ken,
The short answer would be that the organization should be involved. Involved to the extent that it owns property within the downtown district, and any public improvements or development within the district would directly affect it.…"
Ken Thorpe posted a status"Just came back from the Downtown Development Authority Steering Committee Meeting."
Ken Thorpe replied to Aaron Arnett's discussion Frequently Asked Questions"An organization I belong to owns a building within this district. We are a non-profit and are not a business. Are we “involved” with this process? "
Aaron Arnett replied to Aaron Arnett's discussion Frequently Asked Questions"Jeff,
A Tax increment financing district (TIF) is not a local option sales tax. It does NOT increase taxes on a business, consumer, or property owner. Again, it is NOT an additional tax. Rather, any growth in sales tax base…"
Jeff Mueller replied to Aaron Arnett's discussion Frequently Asked Questions"Another question comes to mind. If we are working to "buy local" why pay an entity in Greenville, SC to do a study for downtown Sheridan, Wy. Do we not have anyone within the region (Sheridan County) that could have done this study? Not…"
Jeff Mueller replied to Aaron Arnett's discussion Frequently Asked Questions"So if I am understanding, the TIF is a tax assesed to a business within the increment area. If this is so, how will the business be able to borne the cost of the tax without raising the price of goods and services? And will the governing board…"
Stacie Coe posted an eventPublic Forum-Sheridan Downtown Development Authority at The Downtown Sheridan Association Community Room
October 9, 2012 from 5pm to 6pm
The Downtown Sheridan Association (DSA) and the City of Sheridan completed the DowntownSheridan Economic Development Strategy in 2010 as a continuation of the ongoing effort to createa thriving and vibrant downtown core. One of the key recommendations of this plan was to create aDowntown Development Authority (DDA) to focus business and economic development efforts indowntown, creating an environment for leveraging public and private investment.In an effort to determine the potential of a DDA…See More
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