City Council

Item 330: FY2024 Business Improvement District Budgets - Annual Appropriation\nProcess.\nThis item will be considered in the afternoon session which is scheduled\nto begin at 2:00 p.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nThe City does not plan to retain any of the assessments and undertakes the\nassociated administration with existing budgeted staff. All of the anticipated\nBID assessments are remitted to the BID funds and therefore, there is no net\nfiscal impact to the general fund. Please see the included City Attorney memo\nfrom April 2014 about risks associated with the levy of BID assessments and\nProp 26.\nCouncil District(s) Affected: 1, 2, 3, 4, 8, 9.\nProposed Actions:\nSubitem-A: (R-2023-532 Cor. Copy) (Rev. 4/7/23)\nResolution appointing the Fiscal Year 2024 advisory boards for the specified\nparking and business improvement areas.\nSubitem-B: (R-2023-533)\nResolution approving the Fiscal Year 2024 budget reports for specified\nparking and business improvement areas.\nSubitem-C: (R-2023-531)\nResolution declaring intention to levy and collect annual assessments from\nbusinesses located in specified parking and business improvement areas for\nFiscal Year 2024 and fixing the time and place for a public hearing on the levy\nof such assessments.\nCommittee Actions Taken:\nThis item was heard at the Economic Development And Intergovernmental\nRelations Committee meeting on March 8, 2023.\nACTION: Motion by Vice Chair Montgomery Steppe, second by Chair\nCampillo, to recommend Council approval of staff's proposed actions.\nVOTE: 3-0; Campillo-yea, Montgomery Steppe-yea, Lee-yea\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Marguerite Middaugh