N.Y. ADC. LAW § 25-421.4 : NY Code - Section 25-421.4: Metrotech Area business improvement district; amendment of the district plan
Search N.Y. ADC. LAW § 25-421.4 : NY Code - Section 25-421.4: Metrotech Area business improvement district; amendment of the district plan
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 Metrotech Area 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.
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