SPECIAL DISTRICTS: Provides for the Downtown Development District of the city of New Orleans. (gov sig)

This bill creates a special taxing district in New Orleans known as the Downtown Development District, covering a specific area bounded by the Mississippi River, the Pontchartrain Expressway, Claiborne Avenue, and Iberville Street. The legislation establishes a board of eleven commissioners to oversee the district's planning, development, and administration of services and improvements. This board includes representatives appointed by the mayor, city council, state legislators, and various local business and industry groups, ensuring diverse input from those directly affected by the district's growth. Once established, the district will have the authority to manage local affairs and fund projects aimed at orderly development within its boundaries.