NYC Administrative Code

§ 25-428.2 — Lower East Side business improvement district; amendments to the district plan.

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What is NYC AC § 25-428.2?

Quick Answer

This section authorizes modifications to the services and assessment methods for the Lower East Side business improvement district, as determined by the city council. The amended district plan must be filed with the city clerk. Applies to property owners within the Lower East Side 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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§ 25-428.2 Lower East Side business improvement district; amendments to the district plan.

AC § 25-428.2

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 modify existing services for the Lower East Side business improvement district and to authorize a change in the method of assessment upon which the district charge in the Lower East Side business improvement district is based, and the council having determined further that the tax and debt limitations prescribed in section 25-412 of chapter four of this title will not be exceeded by such changes, there are hereby authorized in the Lower East Side business improvement district such changes as 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 modification of existing services and containing the change in the method of assessment authorized by subdivision a of this section. (L.L. 2015/054, 6/2/2015, eff. 6/2/2015)

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