Section 25-422.2. Times Square business improvement district; amendment of the district plan  


Latest version.
  • a. The city council having  determined,  pursuant  to  subdivision  b  of section 25-410 of chapter four of this title, that it
      is in the public interest  to  authorize  a  change  in  the  method  of
      assessment  upon  which the district charge in the Times Square business
      improvement district is based, and the council having determined further
      that the tax and  debt  limitations  prescribed  in  section  25-412  of
      chapter four of this title will not be exceeded by such change, there is
      hereby  authorized  in  such district such change as is set forth in the
      amended district plan required to be filed with the city clerk  pursuant
      to subdivision b of this section.
        b. Immediately upon adoption of this local law, the council shall file
      with  the  city clerk the amended district plan containing the change in
      the method of assessment authorized by subdivision a of this section.