40:56-85 - Annual licenses for business within special improvement district;   fees;  special account

40:56-85.  Annual licenses for business within special improvement district;   fees;  special account
    a.  In lieu of, or in addition to, funding pursuant to section 16 of P.L.1972, c. 134 (C. 40:56-80) of the activities of the district management corporation to be undertaken pursuant to this amendatory and supplementary act,  the municipality may, by ordinance, require annual licenses for businesses  operating in properties within the special improvement district, and establish  fees for those licenses based on the assessment among these businesses of the  aggregate amount of the annual budget of the district management corporation,  approved pursuant to section 18 of this amendatory and supplementary act, which  is not funded pursuant to section 16 of P.L.1972, c. 134.  The ordinance may  establish reasonable categories of businesses subject to licensing, and  reasonable exemptions therefrom or abatements of the fees therefor.  The  assessments to businesses pursuant to this section shall be by floor area of  licensable business space, or sales volume, or some other reasonable basis or  combination of bases.

    b.  Moneys appropriated and collected on account of annual costs to be funded pursuant to subsection a. of this section shall be credited to a special  account.  Any balances to the credit of the account and remaining unexpended at  the end of the fiscal year shall be conserved and applied toward the financial  requirements of the succeeding year.

    c.  The ordinance shall provide for a reasonable appeal procedure for any administrative determination made under the provisions of this section.

     L.1984, c. 151, s. 19, eff. Sept. 10, 1984.