Title
Public Hearing for MSD Reduction by Owner
Action
Action:
Conduct a public hearing for consideration of a request for reduction of the SouthPark Municipal Service District by an owner residing within the district.
Body
Staff Resource(s):
Tracy Dodson, City Manager's Office
Christina Thigpen, Economic Development
Policy
* State law allows cities to create municipal service districts (MSDs) to promote economic development and/or provide services at a higher level in the district than provided for the entire city.
* Urban development/redevelopment areas are one of the municipal services for which a district can be created.
* MSDs are funded through an assessment on all property owners within the district boundaries. All the money raised by the MSD assessment must be spent on district enhancement programs.
* In accordance with NCGS Sec. 160A-536, projects funded through MSD revenue may include (but are not limited to): expansions/improvements to support utility provision, street lighting, streets and sidewalks; construction of pedestrian and bicycle paths, construction of public buildings, improvements to relieve traffic congestion, improvements to reduce the incidence of crime, providing city services or functions in addition to or to a greater extent than those provided for the entire city, sponsoring events, promoting business investment and economic vitality, coordinating public private partnerships, and marketing support.
Explanation
* NCGS Sec. 160A-537(f) provides that, "no ordinance defining a service district as provided for in this section shall be finally adopted until it has been passed at two meetings of the city council by majority vote of the voting members present, and no service district shall be defined except by ordinance."
* City Council reviewed and adopted the ordinance for the SouthPark MSD, MSD 6, on March 28, 2022, and April 11, 2022, by an 11-0 vote each time.
* The MSD was adopted with an effective date of July 1, 2022.
* NCGS...
Click here for full text