§ 25-61. Metairie district.

(a)

Designation. The area of the Metairie CBD bounded by Tolmas, Metairie Lawn, canal no. 4, Division Street, West Esplanade, Hullen Street and Lake Pontchartrain is declared an economic development district.

(b)

Tax exemption procedure. The process for obtaining limited property tax exemptions within the economic development district shall be in accordance with procedures established by the parish economic development office which shall include provisions for a review of applications for exemption by the office of the assessor of the parish.

(c)

Council to approve tax exemptions. The limited property tax exemptions provided for herein shall be approved by the parish council.

(d)

Classification of uses. For the purposes of this section and the implementation of this program only, multifamily development (areas having a zoning classification of R-3) and office development shall be considered commercial uses.

(Ord. No. 17693, §§ 1—4, 2-15-89)