[1979 Code § 3-1; Ord. No. 31-63 § 1; Ord. No. 33-28 § 1]
There is hereby created and designated within the City the "City of Linden Special Improvement District" hereinafter designated by street address and tax lot and block number as set forth in Appendix A[1] attached. All properties within the district shall be subject to a special assessment which shall be imposed by the City and collected with the regular property tax payment or payment in lieu of taxes or otherwise, and all of these payments shall be transferred to the district management corporation to effectuate the purposes of the statute and to exercise the powers given to it by this chapter and for the purposes of promoting the economic and general welfare of the district and the municipality. This assessment shall not apply to properties used exclusively for residential use.
[1]
Editor's Note: The Appendix referred to herein is included as an attachment to this chapter.
