Downey

City Council

July 23, 2024 Item #2

Agenda Item 2

2. ADOPTION OF A RESOLUTION APPROVING A THREE PERCENT INCREASE IN THE\nASSESSMENTS LEVIED ON PARCELS IN THE DOWNTOWN DOWNEY COMMUNITY BENEFIT\nDISTRICT: Economic Development.\nTHAT THE CITY COUNCIL:\n1) CONDUCT A PUBLIC HEARING CONSIDERING A PROPOSED THREE PERCENT\nINCREASE OF THE ASSESSMENTS LEVIED ON PARCELS IN THE DOWNTOWN\nDOWNEY COMMUNITY BENEFIT DISTRICT; AND,\n2) ADOPT RESOLUTION 24- 8256, APPROVING A THREE PERCENT INCREASE OF THE\nASSESSMENTS LEVIED ON PARCELS IN THE DOWNTOWN DOWNEY COMMUNITY\nBENEFIT DISTRICT.