Laserfiche WebLink
,,,THE CITY OF /1 <br /> CITY COUNCIL AGENDA REPORT /V' <br /> pLEASANTON. <br /> November 19, 2013 <br /> Economic Development <br /> TITLE: ACCEPTANCE OF PLEASANTON DOWNTOWN BUSINESS <br /> IMPROVEMENT DISTRICT ADVISORY BOARD 2013 REPORT AND <br /> 2014 BUDGET, AND INTENT TO LEVY THE ASSESSMENT FOR 2014 <br /> SUMMARY <br /> The Pleasanton Downtown Association (PDA) Advisory Board 2013 report and budget <br /> for 2014 are attached. The Advisory Board is recommending no modifications to the <br /> District boundaries and no change in the method of levying the assessment for 2014. It <br /> is proposed that the budget and the assessment levy be heard at a December 3, 2013 <br /> public hearing by the City Council. <br /> RECOMMENDATION <br /> Adopt a resolution accepting the 2013 annual report and 2014 budget prepared by the <br /> Advisory Board and set the public hearing date for December 3, 2013 to levy the annual <br /> assessment. <br /> FINANCIAL STATEMENT <br /> The City agreement with the PDA requires the City to match the annual assessments <br /> paid by businesses in the District. In 2013, the City match from the General Fund was <br /> approximately $65,500. Staff anticipates the 2014 match (if approved) will again be <br /> approximately $65,500. In addition to the City's direct participation, the City also <br /> contributes to the PDA by funding staff time to administer the PDA assessments and <br /> agreement, assistance and staff time for special events, as well as the cost to maintain <br /> downtown planters, clean sidewalks, coordinate garbage pickup and other infrastructure <br /> and logistical efforts. <br />