The costs of the Business Improvement District shall be financed by the issuance of notes by the Borough or other acceptance of indebtedness by the Borough, and the proper Borough officials are directed to take such action and do such things as necessary to issue such notes as might be required for such purpose pursuant to and in accordance with the applicable provisions of the Local Government Unit Debt Act. It is expressly intended that any debt incurred by the Borough may be paid by use of general borough funds, receipt of grants or gifts, and assessments as described in Section 890.07.
(Ord. 951. Passed 5-8-00.)