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<br /> / <br /> 4J <br /> '- <br /> pLEASANTONc City Council <br /> Staff Report <br /> November I, 2005 <br /> Finance Department <br /> SUBJECT PLEASANTON DOWNTOWN BUSINESS IMPROVEMENT DISTRICT <br /> ADVISORY BOARD REPORT AND BUDGET AND INTENT TO <br /> LEVY THE ASSESSMENT FOR 2006 <br /> STAFF RECOMMENDATION: <br /> Staff recommends that the Council accept the annual report and 2006 budget <br /> prepared by the Pleasanton Downtown Association ("PDA") Advisory <br /> Board and set a public hearing date for November 15, 2005 to levy the <br /> annual assessment. <br /> SUMMARY The PDA Advisory Board report and budget for 2006 are attached. The <br /> Advisory Board is not recommending any modifications to the district <br /> boundaries or to the method of levying the assessment for 2006. The budget <br /> and the assessment levy will be set for a November 15, 2005 public hearing. <br /> Honorable Mayor and Members of the City Council: <br /> BACKGROUND <br /> The Parking and Business Improvement Area Law of 1989 (Streets & Highways Code 36350, <br /> et seq.) requires the City Council to approve a three-step process in order to levy the annual <br /> assessment for the PDA Business Improvement District. At the October 4, 2005 City Council <br /> meeting, an advisory board was appointed to prepare the annual PDA report and budget for <br /> 2006. The attached report contains the following required information: <br /> SR:05:303 <br />