[Adopted 9-7-1999 by Ord. No. 1335]
The purpose of this article is to promote economic
growth and employment within the business district and in particular
the Special (Business) Improvement District; foster and encourage
self-help programs to enhance the local business climate; and authorize,
permit and facilitate the City of North Wildwood Special (Business)
Improvement District and the designated district management corporation
of the district to apply for and accept funds or loans from the State
of New Jersey, Department of Community Affairs, for public improvements
as contemplated and defined by P.L. 1998, c. 115.[1]
[1]
Editor's Note: See N.J.S.A. 40:56-71.1 et
seq.
There is hereby created and designated within
the City of North Wildwood a Downtown Business Improvement Zone that
shall be described as that area encompassed by the Special (Business)
Improvement District previously established by the governing body
of the City of North Wildwood on May 6, 1997, by Ordinance No. 1263.[1]
Within 10 business days of the adoption of this
article, the City Clerk shall forward a copy of the article to the
Director of the Division of Local Government Services in the Department
of Community Affairs.
