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About College Promenade Business Improvement Area
What is the BIA and why is it important?
A Business Improvement Area (BIA) is a geographic area in a municipality, wherein which a BIA Board of Management made up of local business and commercial property owners, elected at the time of Toronto municipal elections and serving on a volunteer basis, has a mandate to promote economical development by enhancing the safety, look and feel of their neighbourhoods to attract more visitors to shop and dine, as well as to draw new businesses to their area. BIAs are created and governed by Provincial and Municipal legislation. The College Promenade BIA was established in 2005 and has boundaries at Havelock St at the West, and Shaw St to the East, north and south to the commercial laneways. Every commercial property owner and business tenant is automatically a member of the BIA. In order to fund these business and neighbourhood improvements, the BIAs set and manage budgets which are raised by an additional tax on commercial properties called the annual BIA levy, collected by the City of Toronto together with property tax payments. This money pays for most of the local street festivals and events, as well as streetscape upgrades (beyond the basic city standards), public art, and seasonal and neighbourhood branding. |
Board of Directors
The College Promenade BIA is a volunteer Board of Directors is comprised of 5 elected representatives and 1 City of Toronto Councillor.
The volunteer Board of Directors are elected every four years at the Annual General Meeting. Directors must operate a business, represent a business or own a property within the College Promenade BIA boundary. 
2025 Board Meeting Datesplease note that these are subject to change. Please email [email protected] if you are interested in attending a meeting and for the meeting link.
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Not a member?
You can still attend board meetings!
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