Authorizing an increase in the amount to be expended annually in 8 business improvement districts and 2 special assessment districts.

A Local Law to amend the administrative code of the city of New York, in relation to authorizing an increase in the amount to be expended annually in eight business improvement districts and two special assessment districts

This bill would authorize eight existing business improvement districts (“BID”) throughout the City and two special assessment districts (“SAD”) to increase the amount they expend annually.