NYC Administrative Code

§ 25-421.2 — Metrotech Area business improvement district; amendment of the district plan.

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What is NYC AC § 25-421.2?

Quick Answer

This section authorizes the City Council to amend the district plan for the Metrotech Area business improvement district to include additional services. The amendment is contingent upon the determination that tax and debt limits will not be exceeded. Applies to stakeholders within the Metrotech Area business improvement district.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 25-421.2 Metrotech Area business improvement district; amendment of the district plan.

AC § 25-421.2

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 additional services for the Metrotech Area business improvement district, 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 providing such additional services, there is hereby authorized in such district the additional services set forth in the amended district plan required to be filed with the city clerk pursuant to subdivision b of this section. b. Immediately upon adoption of this local law, the council shall file with the city clerk the amended district plan setting forth the additional services authorized by subdivision a of this section.

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