General Laws of Massachusetts - Chapter 40O Business Improvement Districts
- Massachusetts General Laws - Definitions - Chapter 40O, Section 1
As used in this chapter the following words shall, unless the context clearly requires otherwise, have the following meanings: “Business improvement district board of directors”...
- Massachusetts General Laws - Rights and powers - Chapter 40O, Section 2
The rights and powers of a BID approved by a municipal governing body shall include: retaining or recruiting business; administering and managing central and neighborhood...
- Massachusetts General Laws - Initiation of organization; contents of petition - Chapter 40O, Section 3
The organization of a BID shall be initiated by a petition of the property owners within the proposed BID which shall be filed in the...
- Massachusetts General Laws - Hearing on petition; declaration of organization; notice; election of non-participation - Chapter 40O, Section 4
The local municipal governing body shall hold a public hearing within sixty days of the receipt of a petition. Written notification of such hearing shall...
- Massachusetts General Laws - Board of directors - Chapter 40O, Section 5
Each BID shall have a board of directors who shall oversee the management entity to insure the implementation of the improvement plan. The BID board...
- Massachusetts General Laws - Property included in fee formula; exemptions - Chapter 40O, Section 6
All real property located within the proposed BID shall be considered in the fee formula for the supplemental services and programs as outlined in the...
- Massachusetts General Laws - District fee structure - Chapter 40O, Section 7
By formal approval of a BID, the local municipal governing body shall adopt the district fee structure for the financing of items submitted in the...
- Massachusetts General Laws - Collection of fees; disbursement of funds; annual audit - Chapter 40O, Section 8
The collector-treasurer of each municipality is hereby authorized to collect such district fees in designated BIDs and to disburse the funds to the designated management...
- Massachusetts General Laws - Amendment of improvement plan - Chapter 40O, Section 9
At any time after the establishment of a BID pursuant to the provisions of this chapter, the improvement plan upon which the establishment was based...
- Massachusetts General Laws - Dissolution - Chapter 40O, Section 10
A BID may be dissolved by petition to the local municipal governing body and a subsequent decision by such governing body to authorize dissolution. In...
Last modified: September 11, 2015