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THE CITY OF ._ <br /> �� CITY COUNCIL AGENDA REPORT <br /> pLEASANTONm <br /> December 1, 2015 <br /> Economic Development <br /> TITLE: ADOPT A RESOLUTION LEVYING THE PLEASANTON DOWNTOWN <br /> BUSINESS IMPROVEMENT DISTRICT ASSESSMENT FOR 2016 <br /> SUMMARY <br /> The Pleasanton Downtown Association (PDA) Advisory Board 2015 annual report and <br /> 2016 budget were presented to and approved by the City Council on November 3, 2015. <br /> The Council is now asked to hold a public hearing and consider adoption of a resolution <br /> levying the Pleasanton Downtown Business Improvement District assessment for 2016. <br /> RECOMMENDATION <br /> Staff recommends the Council hold a public hearing and adopt a resolution levying the <br /> Pleasanton Downtown Business Improvement District assessment for 2016. <br /> FINANCIAL STATEMENT <br /> The agreement between the City and PDA obligates the City to match the annual <br /> assessments paid by businesses in the BID. In 2015, the City match from the General <br /> Fund was approximately $66,000. Staff anticipates the 2016 match (if approved) will <br /> again be approximately $66,000. 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 />