City Council

Item 203: FY2025 Business Improvement District Budgets - Annual Appropriation Process.\nThis item will be considered in the afternoon session which is scheduled to begin at\n2:00 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 associated\nadministration with existing budgeted staff. All of the anticipated BID assessments are\nremitted to the BID funds and therefore, there are no net fiscal impact to the general fund.\nPlease see the included City Attorney memo from April 2014 about risks associated with\nthe levy of BID assessments and Prop 26.\nCouncil District(s) Affected: 1, 2, 3, 4, 8, 9.\nProposed Actions:\nSubitem-A: (R-2024-449)\nResolution appointing the Fiscal Year 2025 advisory boards for the specified parking and\nbusiness improvement areas.\nSubitem-B: (R-2024-450)\nResolution approving the Fiscal Year 2025 budget reports for specified parking and\nbusiness improvement areas.\nSubitem-C: (R-2024-448)\nResolution declaring intention to levy and collect annual assessments from businesses\nlocated in specified parking and business improvement areas for Fiscal Year 2025 and\nfixing the time and place for a public hearing on the levy of such assessments.\nCommittee Actions Taken:\nThis item was heard at the Economic Development and Intergovernmental Relations\nCommittee meeting on March 13, 2024.\nACTION: Motion by Chair Campillo, second by Committee Member Campbell, to\nrecommend Council approval of staff’s proposed actions.\nVOTE: 3-0; Campillo-yea, Lee-yea, Campbell-yea.\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Marguerite Middaugh