Current through the 2024 Regular Session
Section 50-2601 - AUTHORIZATION - PURPOSES - SPECIAL ASSESSMENTSThe legislature hereby authorizes all incorporated cities:
(1) To establish business improvement districts, hereafter referred to as district or districts, for the following purposes:(a) The acquisition, construction or maintenance of parking facilities for the benefit of the district;(b) Physical improvement and decoration of any public space in the district;(c) Promotion of public events which are to take place on or in public places in the district;(d) The acquisition and operation of transportation services to promote retail trade activities within the district; and(e) The general promotion of retail trade activities in the district.(2) To levy special assessments on all businesses or business property within the district and specially benefited by a business improvement district to pay the damages or costs incurred therein as provided in this chapter.[50-2601, added 1980, ch. 192, sec. 1, p. 423; am. 1998, ch. 253, sec. 1, p. 823.]