N.Y. ADC. LAW § 25-454.1 : NY Code - Section 25-454.1: Montague Street business improvement district

Search N.Y. ADC. LAW § 25-454.1 : NY Code - Section 25-454.1: Montague 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
  Montague Street business improvement district beginning on July 1, 2002,
  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 hundred twenty-four  thousand
  five hundred dollars ($124,500).
    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  Montague  Street  business  improvement
  district plan.