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End of DAD law to bring refunds to members

May 19, 1999

Members of Hagerstown's Downtown Assessment District who have paid all their bills will receive a refund when the district is eliminated, according to the terms of the law that established the district, said City Public Information Manager Karen Giffin.

The amount of each individual refund is unknown, but about $5,400 is expected to be distributed, according to budget estimates from the City Finance Department.

The DAD law, which went into effect in September 1984, is to expire June 30.

Acting on a recommendation from the DAD board, City Council members have agreed to create an advisory committee that will replace DAD.

The committee will raise money on its own, while the DAD board was supported with a special tax levied on businesses inside the downtown district.

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According to the DAD law, any money that the DAD board has not spent by the time the law expires is to "be refunded on a proportional basis to the existing businesses who are then members in good standing."

- Dan Kulin

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