(1) A council, on its own motion or after receiving a petition for the formation of an economic improvement district signed by 33 percent or more of persons conducting business within the proposed district, may enact an ordinance establishing a procedure to be followed by the city in imposing a business license fee to raise revenue for the cost of an economic improvement. The business license fee authorized under this subsection may be in the form of a surcharge on an existing business license fee imposed by the city on any business, trade, occupation or profession carried on or practiced in the economic improvement district.
(2) In any ordinance adopted under subsection (1) of this section, a city shall not be authorized to:
(a) Include within an economic improvement district any area of the city that is not zoned for commercial or industrial use.
(b) Impose a business license fee to raise revenue for an economic improvement that does not primarily benefit persons conducting business within the economic improvement district. [1991 c.698 §2]Section: Previous 223.127 223.129 223.130 223.132 223.135 223.140 223.141 223.144 223.145 223.147 223.150 223.151 223.154 223.155 223.157 Next
Last modified: August 7, 2008