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A. The purpose of the BIA is to aid in general economic development and neighborhood revitalization within the BIA boundary, and to facilitate the cooperation of merchants, businesses, and residential property owners for the benefit of trade, economic vitality, and livability.

B. Assessment expenditures are limited to the following purposes:

1. The acquisition, construction or maintenance of parking facilities for the benefit of the neighborhood within the BIA boundary;

2. Decoration of any place within the BIA boundary;

3. Sponsorship or promotion of public events which are to take place on, or in, public places within the BIA boundary;

4. Furnishing of music in any public place within the BIA boundary;

5. Providing professional management, planning, and promotion for the neighborhood within the BIA boundary;

6. Providing maintenance and security for common, public spaces within the BIA boundary; or

7. Providing transportation services for the benefit of the neighborhood within the BIA boundary. (Ord. 6831 § 1 (Exh. A), 2021; Ord. 6658 § 1, 2017.)