The Madison City Commission has approved a Board of Directors for the city’s newly created Business Improvement District (or BID). During their meeting Monday, commissioners approved Mayor Marshall Dennert’s recommendations for the five-person board. Dennert said the board consists of three members representing the three hotels in Madison – John Cozad, Praful Patel, and Maulik Chaudhari – and also two business owners – Todd Jorgenson and DeLon Mork.
The board will come up with recommendations for the commission on how the money raised through the BID should be spent. The BID includes an occupational tax of two-dollars a night on guests of the city’s hotels, motels, or lodging establishments, and is estimated to generate between 50-and-100-thousand dollars annually.