TITLE
Recommendation to adopt Resolution of Intention to renew the Midtown Business Improvement District; set the date of July 19, 2022 for public hearing, receive petitions, authorize City Manager, or designee, to sign in favor and return the City’s ballot, and designate the Owners’ Association. (District 6)
DISCUSSION
The State of California Property and Business Improvement District Law of 1994 (Section 33600 et seq. of the California Streets and Highways Code) and Article XIIID of the California Constitution (Proposition 218) enables the City of Long Beach (City) to create a property-based assessment district allowing property owners to be assessed for various services beyond those provided by the City, including enhanced maintenance, public safety, marketing, and economic development programs.
The Midtown Business Improvement District (MBID) was initially established for a five-year term by the City Council on August 11, 2015. MBID area property owners and the Midtown Property and Business Owner’s Association (MPBOA) have circulated a petition to initiate special assessment proceedings to renew the MBID for a term of ten years. The MBID renewal is required to build on the successes accomplished in Midtown due in part to the special assessment revenue generated by the MBID.
Renewal of the MBID is accomplished through a majority vote of the property owners in favor of the proposed assessment for the new term. Pursuant to the California Constitution, the vote on a proposed special assessment must be weighted according to the proportional financial obligation of the affected properties. The assessment is based upon the special benefits each individual parcel receives as determined by an independent Engineer's Report prepared pursuant to State law. For the MBID to be renewed, petitions signed by the property owners in the proposed district who will pay more than 50 percent of the assessments proposed to be levied must be submitted to the City. Following th...
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