Whenever the public interest or convenience may require, the Council of the City of Los Angeles, acting under the authority conferred upon it by the City Charter, shall have the power and authority to order the improvement, maintenance and activities of specifically defined commercial districts of the City within “special economic incentive zones”. The City shall determine and declare the District to be benefitted by said improvement, maintenance and activities; and, to assess the cost and expenses of said improvements, maintenance and activities, including all expense incurred incidentally thereto, upon the lots or parcels of real property in proportion to the estimated benefits to be received. The procedures established herein shall be additional or alternative to any other procedure established by ordinance or State law and shall apply to any proposed District which complies herewith whether or not any of the procedures for formation required hereby is taken prior to the effective date of this ordinance. The election to proceed under this article shall be expressed in the Ordinance of Intention to form the District which shall be referred to as a Landscaping, Security, Programming and Maintenance Property Business Improvement District (“LSPM PBID”).
SECTION HISTORY
Chapter and Section Added by Ord. No. 173,167, Eff. 5-15-00.