Senate Bill No. 380, introduced by Senator Carter, establishes the Real Timbers Crime Prevention and Improvement District in Orleans Parish as a political subdivision aimed at enhancing the beautification, security, and overall betterment of the area. The district's boundaries are defined by specific streets, and it will be governed by a seven-member board of commissioners, which includes members from the Real Timbers Homeowners Association and three residents appointed by the association. The board will have the authority to adopt rules, conduct meetings, and manage the district's affairs, including the power to sue, enter contracts, and enhance security measures.
The bill also authorizes the city of New Orleans to impose a parcel fee within the district, subject to voter approval, with a maximum fee of $315 per parcel per year. This fee will be collected similarly to ad valorem taxes and is intended to fund the district's initiatives. The bill stipulates that the fee can be renewed every five years, contingent upon voter approval. Additionally, it mandates the board to adopt an annual budget and undergo audits, ensuring transparency and accountability in the district's financial management. If the district is dissolved, any remaining funds will be transferred to the city for continued support of the area's security and beautification efforts.