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473 <br /> <br />ANNUAL ASSESSMENT FORMULA <br /> <br />The following businesses located within the boundaries of the <br />Business Improvement District, classified under City Ordinance <br />NS1690 as Amusement Services, Pawnbrokers, Service Stations, and <br />Classification A, including, but not limited to Retail Sale of <br />Goods, Hotels and Motels, Theaters, and Food Establishments, <br />shall pay an amount equal to one and one-half'.times'their annual <br />business license fee. <br /> <br />Businesses classified as Commercial Rental Property, Rental". <br />property, Residential, and Rooming H6~se-'shall pay an amount <br />equal t9 one-quarter times their annual busihess license fee. <br /> <br />Ail other businesses, including Professions, Trades, and Services <br />within the boundaries of the ~roposed Business District, shall <br />pay an amount equal to their annual business license fee. <br /> <br />0nce the assessment formula is established, it cannot be changed <br />without written noticeto all businesses within the boundaries of <br />the.proposed Business Improvement District and a .public hearing <br />held by the City of Santa Aha. <br /> <br />AI-rACHMENTC <br /> <br /> <br />