Title
An Ordinance Of The City Of Hollywood, Florida, Dissolving The City Of Hollywood Central Residential Neighborhood Improvement District No. 1.
Strategic Plan Focus
Financial Management & Administration
Body
Staff Recommends: Approval of the Ordinance.
Explanation:
The City Commission approved an Ordinance O-88-52, creating the Central Residential Neighborhood Improvement District No. 1 in 1988. The District is no longer active and should be dissolved. This Ordinance rescinds the 1988 Ordinance and dissolves the District.
Fiscal Impact:
This will save the City $175 per year by ending the need to send a payment to the State for record keeping associated with the District.
Recommended for inclusion on the agenda by:
Melissa Cruz, Director, Department of Financial Services
David E. Keller, Fiscal Affairs Special Projects Manager
Adam Reichbach, Assistant City Manager for Finance and Administration