Section 9-55-2 – Imposition of special assessment or general business license and occupation tax.
9-55-2. Imposition of special assessment or general business license and occupation tax. Any municipality may impose a special assessment upon the property within a business improvement district in the municipality or a general business license and occupation tax on businesses and users of space within a business improvement district or both. Source: SL 1986, ch […]
Section 9-55-3 – Uses to which generated funds may be put.
9-55-3. Uses to which generated funds may be put. Any money generated pursuant to §9-55-2 may be used for any one or more of the following purposes: (1)The acquisition, construction, maintenance, and operation of public off-street parking facilities for the benefit of the district area; (2)Improvement of any public place or facility in the district […]
Section 9-55-4 – Creation of business improvement district–Established business area.
9-55-4. Creation of business improvement district–Established business area. A municipality may create a business improvement district only as provided by this chapter. A municipality that has not adopted any zoning ordinance pursuant to §9-12-13 may create a business improvement district anywhere within the boundaries of the municipality. If a municipality has adopted a zoning ordinance […]