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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 appoint an advisory board to prepare the annual budget with <br /> a report describing the improvements and activities of the downtown improvement <br /> district and the related funding sources. The report will also outline any recommended <br /> changes to the boundaries of the district and/or the methodology of assessing each <br /> business. <br /> DISCUSSION <br /> The City Council's appointment of the Advisory Board is the first step in a three-step <br /> process for establishing and levying the annual assessments in the Downtown <br /> Pleasanton Business Improvement District. The members of the Executive Committee <br /> of the Pleasanton Downtown Association are the proposed Advisory Board: <br /> President — Randy Brown <br /> President Elect—Angel Moore <br /> Past President — Bryan Bowers <br /> Treasurer— Cathy Denham <br /> Secretary— Chris Beratlis <br /> The second step is the submittal of an annual report and budget, and adoption of a <br /> resolution of intention to set a time for a public hearing on the levy of the proposed <br /> assessment for calendar year 2024. The final step of the process is to hold a public <br /> hearing and approve of the final report adoption of a resolution levying the Downtown <br /> Pleasanton Business Improvement District assessment for 2024. <br /> Following is the proposed schedule of events: <br /> Date Actioll <br /> 9/5/2023 Ratification and Appointment of Advisory Board <br /> 10/3/2023 Acceptance of the 2023 Annual Report and 2024 Budget and Adoption <br /> of Resolution of Intent to Levy Assessment for 2024 and Set Public <br /> Hearing for 11/7/2023 <br /> 11/7/2023 Hold Public Hearing and Adoption of Resolution Levying the Pleasanton <br /> Downtown Business Improvement District Assessment for 2024 <br /> Submitted by: Fiscal Review: Approved by: <br /> c �-- <br /> Lisa Adamos Susan Hsieh Gerry Beaudin <br /> Economic Development Manager Director of Finance City Manager <br /> Page 2 of 2 <br />