{"data":{"id":"us-nyc/n.y.c.-admin.-code-25-463.1","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 25-463.1","heading":"§ 25-463.1 Madison / 23rd / Flatiron / Chelsea business improvement district.","body":"a. The city council having determined, pursuant to subdivision b of section 25-410, that it is in the public interest to authorize an increase in the amount to be expended annually in the Madison/23rd/Flatiron/Chelsea business improvement district beginning on July 1, 2025, and the council having determined further that the tax and debt limits prescribed in section 25-412 will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of $9,000,000.\n\nb. The amount of such expenditure to be levied upon each property in the district shall be determined in accordance with the method of assessment set forth in the Madison/23rd/Flatiron/Chelsea business improvement district plan.","path":["New York City Administrative Code","Title 25","Chapter 5: Establishment, Extension and Amendment of City Business Improvement Districts"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"b8b5e830d4705f3fe65d49d6f1e072b2a2e230c52ed41f899996041afd67013c","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-25-463","next":"us-nyc/n.y.c.-admin.-code-25-463.2"},"notice":"GroundRules: Original legal text. Not legal advice."}