N.Y. ADC. LAW § 25-458.1 : NY Code - Section 25-458.1: East Mid-Manhattan business improvement district

Search N.Y. ADC. LAW § 25-458.1 : NY Code - Section 25-458.1: East Mid-Manhattan 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 East Mid-Manhattan 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 two million two
  hundred thousand dollars ($2,200,000).
    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  East  Mid-Manhattan  business  improvement
  district plan.