N.Y. ADC. LAW § 25-431.1 : NY Code - Section 25-431.1: Fifth Avenue Association business improvement district

Search N.Y. ADC. LAW § 25-431.1 : NY Code - Section 25-431.1: Fifth Avenue Association business improvement district

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
  Fifth Avenue Association business improvement district beginning on July
  1, 2007, 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  million  five
  hundred sixty-two thousand dollars ($2,562,000).
    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  Fifth  Avenue  Association  business
  improvement district plan.