§ 25-463.1 Madison / 23rd / Flatiron / Chelsea business improvement district.
AC § 25-463.1
a. The city council having determined, pursuant to subdivision b of section 25-410, that it is in the public interest to authorize an increase in the amount to be expended annually in the Madison/23rd/Flatiron/Chelsea business improvement district beginning on July 1, 2025, and the council having determined further that the tax and debt limits prescribed in section 25-412 will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of $9,000,000. 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 Madison/23rd/Flatiron/Chelsea business improvement district plan. (Am. L.L. 2018/223, 12/15/2018, retro. eff. 7/1/2018; Am. L.L. 2021/089, 8/29/2021, retro. eff. 6/30/2021; Am. L.L. 2025/007, 1/18/2025, eff. 7/1/2025)
