A.
The area hereinafter designated as a Special Improvement District would benefit from being so designated.
B.
District Management Corporation would provide administrative and other services to benefit the businesses, employees, residents and consumers in the Special Improvement District.
C.
A special assessment should be imposed and collected by the City with the regular property tax payment or payment in lieu of taxes or otherwise, and as hereinafter or hereafter designated by the City Council, all of those payments should be transferred to the District Management Corporation to effectuate the purposes of this chapter and to exercise the powers given it by this chapter.
D.
It is in the best interest of the City of Trenton and the general public to create the Special Improvement District hereinafter specifically outlined and designated and to establish a District Management Corporation.