TITLE
Recommendation to adopt Resolution of Intention approving the Annual Assessment Report from October 1, 2005 to September 30, 2006 for the Bixby Knolls Parking and Business Improvement Area declaring its intention to levy the annual assessment; and set the date of hearing for Tuesday, October 4, 2005, at 5:00 P.M. (Districts 7,8)
DISCUSSION
The Bixby Knolls Business Improvement Association promotes and markets the Bixby Knolls commercial area using funds generated through the assessment of area businesses located in the Bixby Knolls Parking and Business Improvement Area
(BKPBIA). State law governing Parking and Business Improvement Areas require that an annual assessment report be submitted to the City Council by the Advisory Commission designated for the Assessment District. On July 28, 2005, the BKPBIA Advisory Commission voted to recommend to the City Council approval of the BKPBIA Assessment Report (Attachment A).
I
The assessment report describes the boundaries, proposed activities and budgetary information, as well as the method and basis for continuation of the assessment. The report proposes no changes in the method and basis of levying the assessment, and no significant change in proposed activities.
The recommended Resolution of Intention grants approval of the assessment report, declares the intention of the City Council to levy the assessment for proposed activities and sets the date of a public hearing for October 4, 2005.
This letter was reviewed by Assistant City Attorney Heather Mahood on July 12, 2005, Budget Management Officer David Wodynski on August 26, 2005, and the City Treasurer's Office on August 26, 2005.
TIMING CONSIDERATIONS
City Council action is requested on September 13, 2005, to set the date for the public hearing near the start of the contract year, which begins on October 1, 2005.
FISCAL IMPACT
[Fiscal Impact]
SUGGESTED ACTION
Approve recommendation.
BODY
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LONG B...
Click here for full text