[HISTORY: Adopted by the Board of Trustees
of the Village of Scarsdale 5-12-1998 by L.L. No. 6-1998. Amendments noted where applicable.]
Pursuant to the provisions and procedures of § 22-2200 of the Village Law, the Downtown Infrastructure Improvement District is hereby established as described in the assessment district map filed under § 143-4 of this chapter for the purposes set forth herein.
As used in this chapter, the following terms
shall have the meanings indicated:
A property located within the Downtown Infrastructure Improvement District pursuant to the assessment district map filed under § 143-4.
Improvements made to streetscape, lighting, signage, sidewalks,
curbing and parking and planning and design work associated with such
improvements.
The cost of design, construction and installation of infrastructure
improvements made, including the cost of any borrowing prior to assessment
of the benefited properties.
Pursuant to the provisions of Municipal Home
Rule Law § 10, Subdivision 1(ii)e(3), the Board of Trustees
of the Village of Scarsdale hereby acts pursuant to the provisions
of Municipal Home Rule Law § 10, Subdivision 1(ii)a(11)
and (14), to establish the Downtown Infrastructure Improvement District
for the following purposes:
Pursuant to § 22-2200, Subdivision
1, of the Village Law, a map of the Downtown Infrastructure Improvement
District entitled "Special Assessment Tax District Boundary Map for
Scarsdale Infrastructure Improvements," as prepared by Ferrandino
& Associates, Inc., and dated October 6, 1997, showing the lands
to be benefited in the assessment district shall be filed in the Office
of the Village Clerk.
A.
The village shall bear 2/3 of the total cost of up
to $4,000,000, and the benefited properties shall bear 1/3 of the
total cost in accordance with the formula described herein.
B.
The assessment of each benefited property shall be
according to the following formula:
Assessment = [(Frontage of Benefited Property
/ Total Frontage in District) + (Lot Area of Benefited Property /
Total Lot Area in District)] / 2 x (One-third of Total Cost)
|
C.
The Board of Trustees is authorized to borrow and
bond the total cost of such infrastructure improvements for a period
not to exceed 20 years. The assessments for each benefited property
shall be levied and paid in accordance with the provisions of Village
Law § 5-518, Subdivision 3b, et seq.
D.
Pursuant to § 22-2200, Subdivisions 1 and
2, of the Village Law, the assessment of each benefited property will
be established by resolution after the final determination of the
total cost as provided for in § 22-2200, Subdivision 2,
of the Village Law and in accordance with the notice provisions of
said section.
This chapter shall supersede § 22-2200
of the Village Law, as last amended, to the extent that the provisions
thereof conflict with or are contrary to the provisions of this chapter.