N.Y. ADC. LAW § 25-432.1 : NY Code - Section 25-432.1: Fashion Center business improvement district

Search N.Y. ADC. LAW § 25-432.1 : NY Code - Section 25-432.1: Fashion Center 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
  Fashion  Center 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  five  million  dollars
  ($5,000,000).
    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 Fashion Center business improvement district
  plan.