La Verne

City Council

March 17, 2025 Item #8

Agenda Item 8

8. Old Town La Verne Business Improvement District 5-Year Action Plan. The City and Old\nTown La Verne Business Improvement District (OTLVBID) commissioned a study to develop a\ncompetitive analysis and a 5-year Action Plan, focusing on best practices, financial analysis, and\nstrategic recommendations. The Plan emphasizes the importance of social infrastructure, such\nas board composition, community engagement, and partnerships, as it directly impacts physical\nimprovements like beautification and capital projects. To ensure successful implementation,\nstakeholder input was gathered, and one of the top priorities is retaining staff to support the\nplan’s execution.\nRecommendation: That the City Council receive and file the Old Town La Verne Business\nImprovement District 5-Year Action Plan.