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N.Y. ADC. LAW § 25-444.1 : NY Code - Section 25-444.1: 14th Street-Union Square business improvement district

Search N.Y. ADC. LAW § 25-444.1 : NY Code - Section 25-444.1: 14th Street-Union Square 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 14th Street-Union Square business improvement district  beginning
  on  July 1, 2005, 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  million
  four hundred thirty-nine thousand five hundred dollars ($1,439,500).
    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  14th  Street-Union  Square  business
  improvement district plan.


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