TITLE
Recommendation to receive supporting documentation into the record, conclude the hearing, and adopt resolution adopting the Bixby Knolls Parking and Business Improvement Area program and assessment for the period of October 1, 2007 through September 30, 2008; and authorize City Manager to execute an agreement with the Bixby Knolls Business Association for a one-year term, (Districts 7,8)
DISCUSSION
The Bixby Knolls Business Improvement Association (BKBIA) uses assessment funds to promote and market the Bixby Knolls commercial area on behalf of businesses located in the Bixby Knolls Parking and Business Improvement Area (BKPBIA). The City contracts with the BKBIA annually using assessment revenue collected from BKPBIA members to govern the assessment to be collected and the activities to be funded by the assessment.
On July 26, 2007, the BKPBIA Advisory Commission voted to recommend to the City Council approval of the BKPBIA Assessment Report (Assessment Report). The Assessment Report (Attachment A) describes the boundaries, proposed activities and budgetary information, as well as the method and basis for continuation of the assessment.
To continue the assessment levy, State law requires that a public hearing be held on the proposed program and assessment. At its meeting of August 21,2007, City Council reviewed the Assessment Report and set a September 18, 2007 hearing date.
State law further provides that the City Council shall hear and consider all protests against the assessment, program, boundaries of the area, and/or any benefit zone as proposed in the Assessment Report. The Assessment Report transmitting the recommendations of the BKPBIA Advisory Commission proposes the following:
ยท Continue the current year assessment at the following rates:
Type A $ 135.00 + $ 2.50/employee
Contractors, Manufacturing, Professions, Wholesale, Unique, Insurance
Type B $ 165.00 + $ 3.25/employee
Services, Vending Operations
Note: Independent contractor...
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