Lilburn, GA – May 2, 2019 – Lilburn Community Improvement District (LCID), a self-taxing organization that uses the additional property taxes to enhance economic development by accelerating infrastructure and security improvements to the Lilburn area, has elected two new board members, re-elected two board members and approved expansion of the district to include more than $10 million of additional commercial property.
John Souter, the founder and CEO of Comet National Shipping, was re-elected as the secretary and treasurer for LCID. Souter founded Comet National when he was 23, and the service-oriented transportation company was named Entrepreneur Magazine’s 26th “Fastest Growing Small Business in America” in 1995.
Also re-elected as LCID’s vice chairman was Ed O’Connor, senior director of Lavista Associates, Inc. O’Connor has been involved in Atlanta commercial real estate since 1996 and has extensive experience with tenant representation, suburban project leasing and anchor shopping developments.
Newly elected board members include Joe Comonte, general manager of Plaza Las Americas and David Freeman, real estate broker and commercial property owner within LCID. Comonte has been a long-time supporter of LCID, offering up the Plaza Las Americas venue to support the Indian Trail small area study during Lilburn’s National Night Out as well as the LCID informational meetings regarding the Gwinnett Transit Referendum special vote in March 2019. In addition, Freeman’s knowledge of the Atlanta/Lilburn commercial real estate market as well as his private investments within the district, will make him an invaluable asset to the LCID board.
“I am truly excited for the future of Lilburn CID, with John Souter and Ed O’Connor being re-elected, and the addition of Joe Comonte and David Freeman, the district is in fine hands,” expressed Emory Morsberger, LCID executive director. “I have the utmost confidence in these incredible folks to continue the growth Lilburn has been experiencing and take the CID to the top.”
The approval for the LCID expansion includes properties on Indian Trail and Azalea Road, and is awaiting final approval from the City of Lilburn and Gwinnett County.
About Lilburn Community Improvement District
The Lilburn Community Improvement District was formed by a collaboration of concerned citizens, all of whom are committed to creating a Greater Lilburn that allows family and business to prosper. The LCID helps finance improvements that directly enhance property values by allowing property owners to determine how funds are spent in their area.