21-43-7 - Resolution of intention. - Mississippi Statutes

§ 21-43-7. Resolution of intention.
 

A parking and business improvement area may be established whenever the governing authority of any municipality shall by resolution establish such an area. The resolution shall contain the following information: 
 

(a) description of the boundaries of the proposed area; 

(b) the time and place of a hearing to be held to consider establishment of an area; 

(c) the proposed uses to which the additional revenue shall be put; and 

(d) the initial rate of increase, or additional levy, of the license privilege tax, with a breakdown by class of business if such classification is to be used. 
 

Sources: Laws,  1974, ch. 520, § 4(1), eff from and after July 1, 1974.