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Title:
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CAL. NO. 35,318 - BY: COUNCILMEMBER GIARRUSSO
Brief:
An Ordinance authorizing the continuance and renewal of the designation of the local sales and use taxes to be used in determining the sales tax increment for the New Orleans City Park Taxing District (“the District”) for an additional six years to be used for economic development purposes, including the acquisition of equipment to authorized purposes; to increase the maximum amount the District may receive to seven hundred thousand dollars ($700,000.00) per year; to authorize such increments to continue to be collected and deposited into a special trust fund held by the New Orleans City Park Taxing District for economic development, infrastructure and equipment acquisition purposes; and otherwise to provide with respect thereto.
Annotation:
(This matter was introduced on 11/25/25).
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