Section 25-429. East Brooklyn business improvement district  


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 an increase in the amount to be expended annually in the  east
      Brooklyn  business  improvement  district beginning on July 1, 1996, and
      the council having determined further  that  the  tax  and  debt  limits
      prescribed  in  section 25-412 of chapter four of this title will not be
      exceeded by such increased expenditure, there is  hereby  authorized  in
      such district an annual expenditure of three hundred forty-nine thousand
      five hundred dollars ($349,500).
        b.  The  amount of such expenditure to be levied upon each property in
      the district shall be  determined  in  accordance  with  the  method  of
      assessment  set forth in the East Brooklyn business improvement district
      plan.