Section 2. The rights and powers of a BID approved by a municipal governing body shall include: retaining or recruiting business; administering and managing central and neighborhood business districts; promoting economic development; managing parking; designing, engineering, constructing, maintaining, or operating buildings, facilities, urban streetscapes or infrastructures to further economic development and public purposes; conducting historic preservation activities; leasing, owning, acquiring, or optioning real property; supplementing maintenance, security, or sanitation; planning and designing services; formulating a fee structure; accumulating interest; incurring costs or indebtedness; entering into contracts; suing and being sued; employing legal and accounting services; undertaking planning, feasibility and market analyses; developing common marketing and promotional activities; and supporting public art and human and environmental services as related to the enhancement of the business district or other supplemental services or programs that would further the purposes of this chapter.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title VII - Cities, Towns and Districts
Chapter 40o - Business Improvement Districts
Section 3 - Initiation of Organization; Contents of Petition
Section 4 - Hearing on Petition; Declaration of Organization; Notice; Election of Non-Participation
Section 5 - Board of Directors
Section 6 - Property Included in Fee Formula; Exemptions
Section 7 - District Fee Structure
Section 8 - Collection of Fees; Disbursement of Funds; Annual Audit