TITLE
Recommendation to approve the Downtown Long Beach Property and Business Improvement District Annual Report for the period of January 1, 2022 through December 31, 2022; authorize City Manager, or designee, to extend the agreement for funding with the Downtown Long Beach Alliance for one year; and, authorize payments of $432,747 in City property assessments from the Civic Center Fund Group in the Public Works Department and $948 from the General Fund Group in the Economic Development Department. (District 1)
DISCUSSION
The Downtown Long Beach Alliance (DLBA) has three established sources of revenue that are collected by the City of Long Beach (City) and passed through to the organization. These include business license assessments, property owner assessments, and downtown parking meter revenue sharing. This recommended action relates to property owner assessment funds generated by the Downtown Long Beach Property and Business Improvement District (DLBPBID). The City approves the business license assessment separately.
The DLBPBID was established by the City Council in 1998 for a 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 DLBA. The DLBPBID 2021-2022 Annual Report (Annual Report) describes boundaries, proposed activities, and budgetary information, as well as the method and basis for continuation of the assessment (Attachments A and B). The Annual Report proposes no change to the DLBPBI...
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