Broadmoor Neighborhood Improvement District Proposition - Broadmoor Neighborhood Fee

Shall the City of New Orleans levy an annual fee on each improved parcel of land within the Broadmoor Neighborhood Improvement District (the "District"), in an amount not to exceed two hundred dollars ($200), with the precise amount as requested by duly adopted board resolution, currently specified as one hundred seventy-five dollars ($175) which fee is estimated to generate approximately $306,250 annually, for a period of and not exceeding five (5) years, beginning January 1, 2026 and ending December 31, 2030, to be used exclusively for promoting quality of life initiatives and encouraging the beautification and overall betterment of the District, except a one percent (1%) City collection fee, and if used for additional services, such services shall be supplemental to and not in lieu of services provided by the city, the state, or other political subdivisions?