City Council

c. APPROVAL OF THE FISCAL YEAR 2024 (FY 2024) ANNUAL\nREPORT/MANAGEMENT PLAN FROM THE CORONADO TOURISM\nIMPROVEMENT DISTRICT (CTID) ADVISORY BOARD; ADOPTION OF A\nRESOLUTION OF THE CITY COUNCIL OF THE CITY OF CORONADO,\nCALIFORNIA, DECLARING ITS INTENT TO CONTINUE TO LEVY TWO ONE­\nHALF PERCENT (0.5%) ASSESSMENTS ON FOUR HOTEL BUSINESSES\nWITHIN CTID I AND CTID II DURING FISCAL YEAR 2024­25 (FY 2024­25);\nAND SETTING A PUBLIC HEARING FOR APRIL 16, 2024\nRecommendation: Approve the FY 2024 Annual Report and Management Plan of\nthe CTID Advisory Board; adopt “A Resolution of the City Council of the City of\nCoronado, California, Declaring Its Intention to Continue to Levy Assessments\nduring FY 2024­25 on Certain Hotel Businesses within Coronado Tourism\nImprovement District I and Coronado Tourism Improvement District II;” and set a\npublic hearing date of Tuesday, April 16, 2024, for consideration of the levy of the\ncontinued assessment.