TITLE
Recommendation to approve the Andy Street Multi-family Improvement District Annual Report and Assessment for the period of October 1, 2011 through September 30, 2012, automatically extending the Andy Street Multi-family Improvement District for a one-year period.
(District 9)
DISCUSSION
The Department of Development Services staff has assisted multi-family property and business owners in the Andy Street neighborhood for the past several years with programs to reduce crime, enhance resident safety and to improve the economic vitality of adjacent businesses. The enactment of the Multi-family Improvement District (MID) legislation in 2004 provided a new tool to make the improvement of residential neighborhoods more sustainable. The MID, much like Business Improvement Districts, allows the use of fee assessments to pay for capital improvements, as well as security services, common property management or landscaping services. The MID tool provides the flexibility and innovation necessary to respond to the ever-changing needs of owners and residents.
At the request of the property and business owners in the Andy Street Multi-Family Improvement District (AMID), City Council adopted a resolution of intention to establish the AMID on April 10, 2007. On June 5, 2007, the Long Beach City Council unanimously approved the creation of the AMID, which includes adjacent business owners who saw the benefit of joining the district.
Pursuant to the MID legislation, Andy Street neighborhood property and business owners assess themselves an additional fee to pay for services including supplemental security patrol to reduce crime, graffiti and illegal dumping. The law also requires that the AMID Advisory Board approve and file an Annual Report describing its projected budget and expenditures. On June 20, 2011, the AMID Board approved a four percent increase to the assessment fees, the first increase since the initial year of the AMID. The increase is based on the adopte...
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