§ 21-43-121. Designation of district management group; fees and costs chargeable to district; contracts for specialty services
Each district established pursuant to the provisions of Sections 21-43-101 through 21-43-133, must designate in its district plan an existing local non-profit organization or department of local government as the district management group for execution of day to day activities for the district and for implementation of the district plan. Designation of the district management […]
§ 21-43-123. Authorization of assessments for funding of district; lien for assessments; receipt of grants and donations by district
A business improvement district may be funded in whole or in part by an assessment authorized pursuant to this section. Such assessment shall be in addition to any taxes or assessments that may be imposed on property that is included in the district. The assessment shall be levied on the property in the district based […]
§ 21-43-125. Financing of improvements in districts
The expenses incurred in the construction, designing, planning, marketing, administration or operation of any improvement in a district shall be financed in accordance with the district plan. Upon the establishment, reauthorization, amendment or extension of the district, property owners within the district shall be charged the assessment pursuant to the plan. Improvements must be in […]
§ 21-43-127. Imposition and collection of assessment
The assessment upon benefited real property pursuant to Sections 21-43-101 through 21-43-133 shall be imposed as established in the district plan. The governing authorities of the municipality shall annually certify to the tax collector, or other officer charged with the duty of collecting taxes in the municipality, the annual installment of assessment due from each […]
§ 21-43-129. Custody and disbursement of proceeds of assessments; district fiscal year; permissible improvements
The proceeds of any assessment imposed pursuant to an approved district plan shall be held by the chief fiscal officer of the municipality until disbursed to the designated district management group. A business improvement district shall operate on the same fiscal year as that of the municipality. None of the proceeds collected pursuant to Sections […]
§ 21-43-131. Duration of initial authorization of district; requirements and procedure for reauthorization
The initial authorization for any business improvement district shall be for ten (10) years. During the last twelve (12) months of the tenth year of the authorization, a new district plan must be developed which meets all of the initial requirements of the district plan plus reauthorizes the district for another ten (10) years. Reauthorization […]
§ 21-43-133. Dissolution of district
Any district established or extended pursuant to the provisions in Sections 21-43-101 through 21-43-133, which has satisfied all indebtedness incurred to accomplish any of the purposes of the district, may be dissolved by the governing authority of the municipality upon: Written and certified petition from the property owners within the district who collectively represent more […]
§ 21-43-105. Definitions
For the purposes of Sections 21-43-101 through 21-43-133 the following terms shall have the meanings ascribed herein unless the context shall otherwise require: “District” means a business improvement district established pursuant to Sections 21-43-101 through 21-43-133. “District management group” means an established and independent Mississippi non-profit corporation and may also include a local Chamber of […]
§ 21-43-107. Creation of business improvement districts authorized
There is hereby authorized the creation of business improvement districts which shall be established in accordance with the procedures described in Sections 21-43-101 through 21-43-133.
§ 21-43-109. Zoning
All areas included in a business improvement district must be zoned for some use other than residential. Residential uses may be included if the property is zoned for commercial or industrial use and the property is not owner-occupied as a homestead. Properties comprising a business improvement district must be contiguous to the other properties to […]