§ 9-269. Plan for financing the facilities and services within the district.  


Latest version.
  • The installation of landscaping, streetscape materials, and maintenance of the Midlothian Turnpike median within the district shall be financed by a $0.03 per $100.00 of assessed value, supplemental real estate tax placed on all real estate located within the district. This tax is in addition to the real estate tax imposed on real estate in the county pursuant to the county's annual tax levy.

    The supplemental tax shall fund construction and maintenance costs of the project for a period of ten years. The supplemental real estate tax of $0.03 per $100.00 of assessed value shall expire on December 31, 2021.

    (Ord. of 2-23-11, § (1))

(Ord. of 2-23-11, § (1))