Section 9-55-15 – Procedure for implementation of tax.
9-55-15. Procedure for implementation of tax. For the purposes of implementing the tax imposed under §9-55-14, the governing body may make a reasonable classification of businesses or users of space in a district. The collection of the tax imposed pursuant to §9-55-14, shall be made and enforced in such a manner as the governing body […]
Section 9-55-16 – Reassessment or changes in rate of levy of special assessment or occupation tax–Procedure.
9-55-16. Reassessment or changes in rate of levy of special assessment or occupation tax–Procedure. If, subsequent to the levy of an occupation tax or a special assessment, the use of any parcel of land shall change so that, had the new use existed at the time of making such levy, the assessment or levy on […]
Section 9-55-17 – Limitations on amount of assessments or taxes.
9-55-17. Limitations on amount of assessments or taxes. The total amount of special assessments or general business occupation taxes levied under this chapter may not exceed the total costs and expenses of the projects authorized in the resolution of intent for such district. The levy of any additional special assessment or occupation tax may not […]
Section 9-55-18 – Purpose of taxation or assessment by municipality–Limitations on taxation and assessment–Method of taxation or assessment.
9-55-18. Purpose of taxation or assessment by municipality–Limitations on taxation and assessment–Method of taxation or assessment. A municipality may levy a general business occupation tax, or a special assessment against the real property located in a district to the extent of the special benefit to such property, for the purpose of paying all or any […]
Section 9-55-18.1 – Issuance and sale of bonds–Permissible uses of proceeds–Business improvement district to remain in effect.
9-55-18.1. Issuance and sale of bonds–Permissible uses of proceeds–Business improvement district to remain in effect. Any municipality that has created a business improvement district as provided by this chapter, and levied special assessments or general business occupation taxes, or both, may issue and sell bonds payable from the special assessments, business occupation taxes, or both, […]
Section 9-55-19 – Procedure for abolishment of district.
9-55-19. Procedure for abolishment of district. The governing body may, by ordinance, abolish a district after a hearing thereon. The governing body shall adopt a resolution of intent to abolish the area at least thirty days prior to the hearing required by this section. The resolution shall give the time and place of the hearing. […]
Section 9-55-20 – Disposition of proceeds of tax or assessment upon abolishment.
9-55-20. Disposition of proceeds of tax or assessment upon abolishment. Upon abolishment of a district, any proceeds of the occupation tax or the special assessment, or assets acquired with such proceeds, are subject to disposition as the governing body shall determine. Source: SL 1986, ch 81, §20.
Section 9-55-6 – Composition of board–Vacancies–Terms–Officers.
9-55-6. Composition of board–Vacancies–Terms–Officers. The board shall consist of no less than five members to serve such terms as the governing body, by resolution, determines. The mayor, with the approval of the governing body, shall fill any vacancy for the remainder of the term vacated. A member of such board may serve more than one […]
Section 9-55-21 – Use of donated funds or grants.
9-55-21. Use of donated funds or grants. The municipality may receive, administer, and disburse donated funds or grants for the purposes of and in the manner authorized by this chapter. Source: SL 1986, ch 81, §21.
Section 9-55-7 – Creation of districts by resolution of intent–Contents–Basis of occupation tax or special assessment.
9-55-7. Creation of districts by resolution of intent–Contents–Basis of occupation tax or special assessment. Upon receiving a recommendation from the business improvement board, the governing body may create one or more business improvement districts by adopting a resolution of intent to establish a district or districts. The resolution shall contain the following information: (1)A description […]