N.Y. ADC. LAW § 25-437.1 : NY Code - Section 25-437.1: 125th Street business improvement district

Search N.Y. ADC. LAW § 25-437.1 : NY Code - Section 25-437.1: 125th Street 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 125th
  Street 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 seven hundred  nineteen  thousand
  seven hundred sixty-six dollars ($719,766).
    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 125th Street business improvement district
  plan.