Type	seated
Statutory Name	Urban Enterprise Association
Website	https://bloomington.in.gov/business/buea
Video Archive
Email	buea@bloomington.in.gov
Phone Number	812-349-3419
Address	401 N Morton St Suite 150 Bloomington IN 47404
calendarId	bloomington.in.gov_47v9si34k4k4b7ls795ae8bifc@group.calendar.google.com

Description

PURPOSE: The Bloomington Urban Enterprise Association (BUEA) aims to "provide the means to improve the economic, physical, and social environment for Zone residents and businesses." The BUEA Zone is an area north, west, and south of Downtown whose residents and businesses are eligible for scholarships, arts and business grants, and tax incentives. In accordance with Indiana State Code Title 5-28-15, the BUEA contributes to economic development efforts in Bloomington's urban core. Over its 25+ year lifespan, the BUEA has spurred millions of dollars in investment. Indiana offers a variety of state tax benefits for Zone businesses, investors, and residents. Businesses and investors who claim Zone-related tax benefits remit a percentage of their savings to the BUEA, which in turn operates a variety of programs to spur economic development within the Zone. The BUEA is managed by the City of Bloomington's Department of Economic & Sustainable Development (ESD).

ELIGIBILITY REQUIREMENTS: The board currently has three vacancies. Two are gubernatorial appointments. The remaining vacancy is an appointment by Common Council of a Zone Resident, of a differing political party than the other appointed zone resident.

DUTIES: The duties of the position are to attend board meetings once a month and to review materials in advance of each board meeting.

TIME COMMITMENT: The estimated time commitment is 2 hours per month.

COMPENSATION: Each member of the commission does not receive compensation for their service.

Meeting Schedule

The duties of the position are to attend board meetings once a month and to review materials in advance of each board meeting. The estimated time commitment is 2 hours per month and there is no compensation.

Second Wednesday of every month, at Noon in the McCloskey Conf. Room