Section 25-441. Bryant Park 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 Bryant Park business improvement district beginning  on  July  1,
      1994,  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 nine hundred  fifty
      thousand dollars ($950,000).
        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 Bryant Park business improvement district
      plan.