The Mayor and Council hereby make the following findings:
A. The area described on Schedule A attached to this chapter and made a part hereof would benefit
from being designated as a special improvement district and, therefore, it
is in the best interest of the City of Hackensack and the public to create
a special improvement district and to designate a district management corporation;
B. The designated district management corporation would
provide administrative and other services to benefit the business, employees,
residents and consumers in the special improvement district; and
C. Business license fees and special assessments on commercial
properties should be imposed and collected by the City, and these payments
shall be transferred to the district management corporation to effectuate
the purposes for which the district was established and to exercise the powers
given to it by this chapter.
[Amended 2-22-2005 by Ord. No. 5-2005]
Pursuant to the authority granted by N.J.S.A. 40:56-65 et seq., there
is hereby created and designated within the City of Hackensack a special improvement
district known as the "Main Street Improvement District" (the "District").
This area of the City within the City is designated by street address and
tax lot and block number on Schedule A, attached hereto.
The Mayor and Council hereby designate the nonprofit corporation known
as "The Main Street Business Alliance, Inc.," as the district management corporation
for the District.
The district management corporation shall, within 30 days after the
close of each fiscal year, make an annual report of its activities for the
preceding fiscal year to the Mayor and Council.
If any provisions of this chapter should be held invalid, or contrary
to law, then such provision of this chapter shall be deemed separable from
the remaining provisions of this chapter and shall in no way effect the validity
of the other provisions of this chapter.