Section 25-454.1. Montague Street 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
      Montague Street business improvement district beginning on July 1, 2002,
      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 one hundred twenty-four  thousand
      five hundred dollars ($124,500).
        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  Montague  Street  business  improvement
      district plan.