Lake Oaks Subdivision Improvement District Proposition
Shall the City of New Orleans renew the levy of the Lake Oaks Subdivision Improvement District's ("District") annual Parcel Fee, not to exceed four hundred dollars ($400) per year on each parcel of taxable real property located within the District, which is that area of the City of New Orleans specified in Resolution R-18-48 of the New Orleans City Council, for a period of four (4) years, commencing January 1, 2019 and ending December 31, 2022, which fee is estimated to generate approximately $110,000 annually, to be used for the primary object and purpose of promoting and encouraging the beautification, security, and overall betterment of the Lake Oaks Subdivision, except a 1% City collection fee, which additional security shall be supplemental to and not in lieu of personnel and services provided in the District by the New Orleans Police Department?