TITLE 50

MUNICIPAL CORPORATIONS

CHAPTER 26

BUSINESS IMPROVEMENT DISTRICTS

50-2601.  Authorization — Purposes — Special assessments. The 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.

History:

[50-2601, added 1980, ch. 192, sec. 1, p. 423; am. 1998, ch. 253, sec. 1, p. 823.]