TITLE
Recommendation to approve the Downtown Long Beach Property and Business Improvement District Annual Report for the period of January 1, 2020 through December 31, 2020, extending the agreement for funding with the Downtown Long Beach Alliance for one year; authorize payment of $545,519 in City property assessments from the Civic Center Fund Group in the Public Works Department, and $4,208 from the General Fund in the Economic Development Department; and
Increase appropriations in the General Fund Group in the Economic Development Department by $4,208, offset by funds available.
(Districts 1,2)
DISCUSSION
The Downtown Long Beach Alliance (DLBA) has three established sources of revenue that are received by the City of Long Beach (City) and distributed to the organization. These include business licenses assessments, property owner assessments, and parking meter revenue sharing from the Downtown area. This recommended action relates to property owner assessment funds generated by the Downtown Long Beach Property and Business Improvement District (DLBPBID).
The DLBPBID was established by the City Council in 1998 for an initial term of five years. The DLBPBID was renewed in 2003 for a term of ten years, and, again in 2012 for an additional ten-year term. The City contracts with the DLBA to manage the DLBPBID, and the DLBA Board of Directors serves as the Advisory Board to the City Council on matters related to the DLBPBID. The DLBA utilizes DLBPBID funding to provide enhanced maintenance, public safety, beautification, marketing, and economic development programs, above and beyond those provided by the City.
State law governing Property and Business Improvement Districts requires that an Annual Report be submitted to the City Council by the Advisory Board designated for this Assessment District. The DLBPBID 2019-2020 Annual Report (Annual Report) describes boundaries, proposed activities, and budgetary information, as well as the method and basis for cont...
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