TITLE
Recommendation to receive supporting documentation into the record, conclude the hearing to consider the re-establishment of the Magnolia Industrial Group Property and Business Improvement District (MIG-PBID); direct City Clerk to tabulate the ballots and report the results of the tabulation to the Mayor and City Council during the
July 23, 2013 City Council meeting; and, if a majority of ballots received are in favor of the re-establishment of the MIG-PBID, adopt resolution to re-establish the MIG-PBID for an additional term of ten years, effective December 1, 2013 through November 30, 2022. (District 1)
DISCUSSION
The State of California Property and Business Improvement District Law of 1994 (Section 33600 et seq. of the California Streets and Highways Code) Law and Article XIIID of the California Constitution (Proposition 218) enables the City to create a property-based assessment district allowing property owners to voluntarily assess themselves for various services beyond those provided by the City, including enhanced maintenance, public safety, beautification, marketing and economic development programs. The City Council initially established the Magnolia Industrial Group Property and Business Improvement District (MIG-PBID) in 1996. On July 15, 2003, the City Council re-established the District for a term of ten years. The current MIG-PBID terminates on November 30, 2013, and MIG property owners are now seeking to re-establish the MIG-PBID for an additional ten-year term.
In accordance with the Law, the MIG wishes to re-establish the District and continue the security and clean-up programs for another ten years. A majority of the property owners voted via a petition in favor of re-establishment. As required by law, an election of property owners to be assessed must be conducted, with each vote proportionally weighted according to the amount of each assessment. The Office of the City Clerk has on file petitions signed in support of renewal by ...
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