Section 25-445. Kings Highway business improvement district  


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  • 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 Kings
      Highway business improvement district beginning on July 1, 2005, 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  two  hundred fifty thousand
      dollars ($250,000).
        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 Kings Highway business improvement  district
      plan.