§ 33-207. Powers.

The district is hereby vested with and authorized to exert each and every one of those powers with which local government neighborhood improvement districts are vested pursuant to law; provided, however, the district shall not levy any ad valorem taxes or special assessments unless such levy is approved by unanimous vote of all members of the board of directors of the district and after the question of the possible exercise of such a levy has been approved through a referendum. The referendum to levy an ad valorem tax shall be conducted by the procedure outlined in section 33-205 (c) of this Code. The referendum required for a special assessment shall be conducted as described in section 33-205 (b) of this Code.

(Ord. No. 2011-21 , § 2, 12-20-11; Ord. No. 2015-11 , § 1, 6-30-15)