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BACKGROUND <br />Chapter 3, Section 36530 of the Parking and Business Improvement Area Law of 1989 <br />requires the City Council to do the following to levy the annual assessment for the <br />Downtown Pleasanton Business Improvement District (BID): <br />o Appoint an advisory board to prepare the annual budget with a report describing <br />the programs and activities of the downtown improvement district and the related <br />funding sources. The report will outline any recommended changes to the <br />boundaries of the district and/or the methodology of assessing each business; <br />• Accept the report and budget and set a public hearing to levy the assessments; <br />• Open and close the public hearing and adopt by resolution the assessments. <br />Following is the schedule of those actions: <br />Date <br />Action <br />9/19/2017 <br />Ratification and Appointment of Advisory Board for 2018 <br />APPROVED BY CITY COUNCIL <br />11/7/2017 <br />Acceptance of the 2017 Annual Report and 2018 Budget and <br />Adoption of Resolution of Intent to Levy and Set Public Hearing for <br />12/5/17 <br />12/5/2017 <br />Hold Public Hearing and Adoption of Resolution Levying the <br />Downtown Pleasanton Business Improvement District Assessment for <br />2018 <br />DISCUSSION <br />On September 19, 2017, the City Council appointed the members of the advisory board, <br />which has since met and is recommending acceptance of the attached 2017 report and <br />the proposed budget for the Downtown Pleasanton Business Improvement District <br />assessments and other revenues for the 2018 calendar year. The attached report and <br />budget contain the following required information: <br />1. Any proposed changes in the boundaries of the district. For 2018, there are no <br />proposed boundary changes. <br />2. The improvements and activities to be funded during the calendar year, and an <br />estimate of the cost of providing those improvements and activities. <br />3. The method of levying the assessment in sufficient detail to allow each business <br />owner to estimate the amount to be levied against the business for the year. <br />There are no proposed changes in the method of levying the assessment. <br />4. The amount of any surplus or deficit revenues carried over from a previous year. <br />5. Contributions to be made from sources other than the assessments levied. <br />Page2of4 <br />