Authorization — Purposes — Special Assessments

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.