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:
description of the boundaries of the proposed area;
the time and place of a hearing to be held to consider establishment of an area;
the proposed uses to which the additional revenue shall be put; and
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.
Structure Mississippi Code
Chapter 43 - Business Improvement Districts
§ 21-43-7. Resolution of intention
§ 21-43-11. Procedure at hearing
§ 21-43-13. Change of boundaries of proposed area
§ 21-43-15. Ordinance establishing area
§ 21-43-17. Classification of businesses for tax purposes; exemption of new businesses
§ 21-43-19. Collection and use of tax; changes
§ 21-43-21. Disestablishment of area
§ 21-43-23. Disposition of taxes or assets after disestablishment