§ 7-1. Declarations.

(a) Findings.

After giving consideration to the views of property owners, the retail merchants, the property tenants, and other members of the business and residential communities within the District, and after a public hearing, the Mayor and City Council has determined that:

(1) the District created under this subtitle will reflect a diverse mix of business and residential properties; and

(2) the District will reflect a diverse economic, social, and racial mix.

(b) Recommendation.

The Mayor and City Council recommends that residents of the District consult a tax advisor before treating the supplemental tax paid to the District as a deductible tax.