City Council

(17)\n12-0931\nCD 14\nECONOMIC DEVELOPMENT AND JOBS COMMITTEE REPORT\nrelative to Fiscal Year (FY) 2026 Annual Planning Report (APR) for the\nDowntown Industrial District, Property-Based, Business Improvement\nDistrict (BID).\nRecommendations for Council action:\n1. FIND that the APR for the Downtown Industrial District 2022-\n2026 BID's 2026 FY attached to the City Clerk report dated\nDecember 2, 2025, attached to the Council file, complies with\nthe requirements of the State Law.\n2. FIND that the increase in the 2026 budget concurs with the\nintentions of the Downtown Industrial District 2022-2026 BID’s\nManagement District Plan and does not adversely impact the\nbenefits received by assessed property owners.\n3. ADOPT said APR for the Downtown Industrial District 2022-\n2026 BID’s 2026 FY, pursuant to the State Law.\nFiscal Impact Statement: The City Clerk reports that there is no\nimpact to the General Fund associated with this action.