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08
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2015
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021715
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8/18/2015 2:34:39 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
2/17/2015
DESTRUCT DATE
15Y
DOCUMENT NO
8
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• A Resolution Requesting Consent of the Cities of Livermore and Dublin, the Town <br /> of Danville, and the Counties of Alameda and Contra Costa to Renew the Tri- <br /> Valley Tourism Marketing District <br /> • A Notice of Public Meeting and Hearing Concerning the Renewal of the Tri-Valley <br /> Tourism Marketing District. <br /> Following adoption of these documents, several actions are scheduled to take place: <br /> March 3 Alameda County will consider a Resolution Granting Consent to <br /> Renew the Tri-Valley Tourism Marketing District <br /> March 3 City of Dublin will consider a Resolution Granting Consent to <br /> Renew the Tri-Valley Tourism Marketing District <br /> March 9 City of Livermore will consider a Resolution Granting Consent to <br /> Renew the Tri-Valley Tourism Marketing District <br /> March 10 Contra Costa County will consider a Resolution Granting Consent to <br /> Renew the Tri-Valley Tourism Marketing District <br /> March 17 Town of Danville will consider a Resolution Granting Consent to <br /> Renew the Tri-Valley Tourism Marketing District <br /> April 21 City of Pleasanton will hold a Public Meeting <br /> May 5 City of Pleasanton will hold a final Public Hearing <br /> As well, the lodging businesses will be notified by the City of Pleasanton of the intended <br /> action and receive notice of the April 21 public meeting and May 5 public hearing to solicit <br /> comments of support or protest. As VTV has already received signed petitions <br /> representing 85% of voting strength approval, on May 5 the Council will be requested to <br /> adopt a Resolution Renewing the District effective July 1, 2015. As the City previously <br /> codified the assessment district in its municipal code, a separate ordinance amending <br /> the Pleasanton Municipal Code to reflect the changes to the TVTMD will be presented <br /> to the City Council for consideration at its May 5 meeting. <br /> The resolution assumes that the life of the renewed district will be seven years — until <br /> June 30, 2022 — after which the cities and counties will need to determine whether to <br /> again extend the term of the district or to dissolve it. However, because the district is not <br /> issuing bonds or will not have other financial obligations, the City of Pleasanton could <br /> terminate the district in a 30-day annual window at the request of lodging businesses <br /> that pay 50% or more of the assessment, or in cases of misappropriation of funds, <br /> malfeasance, or violation of law. <br /> 'miffed by: Fi al Review: Appro e• by: <br /> •amela Ott LrTina Olson Nelson Fialho <br /> D ector of Economic Director of Finance City Manager <br /> Development <br /> Page 5 of 6 <br />
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