Alabama Statutes

§ 11-54B-49 — Amendment of the Self-Help Business Improvement District Ordinance

Alabama·Title 11 Counties and Municipal Corporations·Ch. 54B Self-Help Business Improvement Districts·Art. 2 Self-Help Business Improvement Districts in Class 2 Municipalities
(a)The governing body of the municipality may amend an ordinance relating to the self-help business improvement district upon the written request of a representative group of the owners of the nonexempt real property located within the geographical area of the district. The request shall specify the desired amendment or amendments which should be made by the governing body of the municipality to the self-help business improvement district ordinance. The request shall also include the signatures of the owners of the nonexempt real property comprising at least 60 percent of the total fair market value of all real property located in the district, or the owners of at least 50 percent of the parcels of property located within the district; or, alternatively with respect to a district funded b

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Alabama § 11-54B-49 (Amendment of the Self-Help Business Improvement District Ordinance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Act 2004-382, p. 626, §10; Act 2019-200, §2.)

Nearby Sections

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