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 adopted AMID Management Plan and Engineer's Report, and the recommendation of NBS, the City's advisor for improvement districts. The 2011-2012 Annual Report is attached for City Council approval. The levy of assessment will cover the period of October 1, 2011 through September 30, 2012.
This matter was reviewed by Deputy City Attorney Richard Anthony on August 25, 2011, Budget Management Officer Victoria Bell on September 6, 2011, and City Treasurer David Nakamoto on August 29, 2011.
TIMING CONSIDERATIONS
City Council approval of the Annual Report and Assessment is requested on September 20, 2011 to extend the contract for another year and to continue the assessment, effective October 1, 2011.
FISCAL IMPACT
The estimated budget for AMID is $111,652 for fiscal year October 1, 2011 through September 30, 2012. When the exact budget amount is known, the Department will return to Council to request full appropriation in the FY 12 budget in the Parking and Business Area Improvement Fund (SR 132) in the Department of Development Services (DV). The proposed expenses will be fully offset by FY 12 estimated assessment revenues. There will be no impact to the General Fund. No jobs will be created through this action.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
AMY J. BODEK, AICP
DIRECTOR OF DEVELOPMENT SERVICES
APPROVED:
PATRICK H. WEST
CITY MANAGER