TITLE
Recommendation to receive supporting documentation into the record, concluding the public hearing to consider the renewal of the Midtown Business Improvement District (MBID); direct City Clerk to tabulate the ballots and report the results of the tabulation to the Mayor and City Council during the July 19, 2022 meeting; and, if a majority of ballots received are in favor of the renewal of the MBID, adopt resolution to renew the MBID for a term of 10 years, effective January 1, 2023 through December 31, 2032. (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 to create a property-based assessment district allowing property owners to be assessed for various services beyond those provided by the City of Long Beach (City), including enhanced maintenance, public safety, marketing, and economic development programs. All properties located within the Midtown Business Improvement District (MBID) that receive special benefits, as determined by the Engineer’s Report, must be allocated a proportional share of the assessment.
Property owners of record located in the MBID, who will pay more than 50 percent of the proposed assessment, have submitted petitions to the City for the renewal of 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.
The MBID Management District Plan (MDP) (Resolution, Exhibit A) details the boundaries of the MB...
Click here for full text