Financial

local improvement district

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local improvement district

A mechanism for property owners with common concerns to band together and assess themselves for purely local improvements such as sidewalk repair, neighborhood park rehabilitation, irrigation, and flood control. The local improvement districts must be authorized by state law and follow specific state procedures for formation, governance, and the issuance of bonds to finance the projects.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive
Kutur rural municipality of Tyup district, Issyk-Kul region, was awarded the first prize of 1.5 million soms in the second group.
Likewise, the people will elect three state assembly members, one mayor of sub-metropolitan city, three chairs of rural municipalities, one deputy chair of rural municipality and 41 ward chairs.
Another conflict occurred on July 20 in Ak-Sai rural municipality, Batken district, on the Kyrgyz-Tajik border, locals told Turmush.
The famous Gaikhura Mahadev Temple in Melung Rural Municipality is seeking donation to complete construction works of the temple as per the archaeological design.
Citizens of Aknazarov rural municipality, Bakai-Ata district, Talas region, rallied today to protest against gold mining in Urmaral canyon, Turmush reports.
Rehabilitation of the water supply system is in full swing in Semenovskiy rural municipality, where the water supply systems were built in early 1960-s and were not seriously repaired since that time.
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