Current through 2024 Legislative Session Act Chapter 531
Section 3506 - Creation of the neighborhood improvement district management association(a) Association designated. When the County approves a NID under this chapter, a NIDMA must be designated by the County to administer the enhanced services within the NID.
(b) Administration. (1) Each NID must be administered by a NIDMA.(2) A NIDMA must be incorporated as a nonprofit corporation in this state.(c) Powers. A NIDMA created under this chapter has all the powers provided for in § 3507 upon the effective date of the County ordinance creating the NID.
(d) Board. Each NIDMA must have an administrative board.
(1) The board must be comprised of either 3 or 5 voting members and at least 1 non-voting member representing the County.(2) Each NIDMA board must include a representative of the specially assessed property owners located in the NID as one of the voting members of the board.(3) Board members of a NIDMA are not required to be residents of the NID.Added by Laws 2021, ch. 457,s 1, eff. 10/10/2022.