Authorizes municipalities to create business improvement districts for transportation, housing, and visitor activity mitigation.
Authorizes the governing body of certain municipalities to create business improvement districts. Requires a public hearing and a district management plan. Permits the governing body to levy assessments on businesses within the district. Permits the governing body to issue bonds or notes to finance projects. Requires an independent auditor to review claims submitted as part of any contract or agreement made with the governing body. Requires the governing body to submit an annual report to the Legislature.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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