TITLE
Recommendation to receive supporting documentation into the record, conclude the hearing, and adopt the resolution approving the Long Beach Tourism Business Improvement Area Program and assessment for the period of October 1, 2006 through September 30, 2007, and authorize City Manager to execute an agreement with the Long Beach Area Convention and Visitors Bureau for a one-year term.
(Districts 1,2,4,5)
DISCUSSION
The Long Beach Area Convention and Visitor Bureau (LBACVB) promotes and markets the City of Long Beach as a tourism destination using funds generated through the assessment of hotel properties located in the Long Beach Tourism Business Improvement Area (LBTBIA). State law governing Parking and Business Improvement Areas require the submission of an annual assessment report by the Advisory Commission designated for this Assessment District. On July 27 , 2006, the LBACVB Board voted to recommend to City Council approval of the LBTBIA Assessment Report (Attachment A). The Assessment Report describes boundaries, proposed activities and budgetary information , as well as the method and basis for continuation of the assessment. The report proposes no change in the basis and method of levying the assessment and no significant change in proposed activities. Following this public hearing, the City Council may adopt the attached Resolution confirming the Assessment Report as filed , or as amended by the City Council during these proceedings. The adoption of the Resolution sets the assessment from October 1, 2006 through September 30 2007. 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 LBACVB Board proposes the following: Continue the current year assessment at three percent of the gross short term room rental revenue for properties lo...
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