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THE CITY OF 14 CITY COUNCIL AGENDA REPORT j'LEASA4NTON. November 20, 2012 Finance TITLE: ACCEPTANCE OF PLEASANTON DOWNTOWN BUSINESS IMPROVEMENT DISTRICT ADVISORY BOARD REPORT AND 2013 BUDGET; AND INTENT TO LEVY THE ASSESSMENT FOR 2013 SUMMARY The Pleasanton Downtown Association (PDA) Advisory Board report and budget for 2013 are attached. The Advisory Board is recommending no modifications to the District boundaries and no change in the method of levying the assessment for 2013. It is proposed that the budget and the assessment levy be heard at a December 4, 2012 public hearing by the City Council. RECOMMENDATION Adopt a resolution accepting the annual report and 2013 budget prepared by the Advisory Board and set the public hearing date for December 4, 2012 to levy the annual assessment. FINANCIAL STATEMENT The City contract with the Pleasanton Downtown Association (PDA) requires the City to match the annual assessments paid by businesses in the District. In 2012, the City match from the General Fund was approximately $63,700. Staff anticipates the 2013 match (if approved) will be approximately $65,500. In addition to the direct City contribution, the City also contributes to the PDA by funding staff time to administer the PDA assessments and contract, assistance with the Hometown Holiday Celebration, as well as, the cost to maintain downtown planters, cleaning sidewalks, garbage pickup, and staff time for special events.