N.Y. ADC. LAW § 25-457.1 : NY Code - Section 25-457.1: Kingsbridge business improvement district

Search N.Y. ADC. LAW § 25-457.1 : NY Code - Section 25-457.1: Kingsbridge 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 Kingsbridge business improvement district beginning  on  July  1,
  2008,  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  three  hundred
  twenty-nine thousand dollars ($329,000).
    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 Kingsbridge business improvement district
  plan.