Lexington, Ky. – The Downtown Lexington Management District has elected the organization’s first executive committee.
The executive committee members are:
- Chairman James H. Frazier, III (Managing Member, McBrayer Law Firm)
- Vice-Chairman Marty Rothchild (General Manager, Hilton Lexington Downtown)
- Secretary Zedtta Wellman (General Manager, Gratz Park Inn)
- Treasurer Stephen Grossman (Senior Vice President, Hilliard Lyons)
The Downtown Management District was formed on May 7, 2015 and is funded by an additional tax assessed only on downtown properties. The primary mission of the District is to make downtown Lexington a cleaner, safer and more attractive place to live, work and visit. The District encompasses 567 properties valued at over $362 million. Its 15 member board is made up of a diverse group of individuals who are downtown property owners, community leaders who work in the downtown area, city council members and other community stakeholders.
According to Chairman James Frazier, “Lexington is only the second city in Kentucky to create such a Management District and there are only 1,200 cities with similar Districts in the United States. It is nice to see Lexington on the cutting edge and this Board is looking forward to being a valuable partners to our Community by bringing many improvements to Downtown.”