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<br /> , '\ <br /> 6D <br /> '- ./ <br />pLEASANTONc City Council <br /> Staff Report <br /> November IS, 200S <br /> Finance Department <br />SUBJECT PLEASANTON DOWNTOWN BUSINESS IMPROVEMENT DISTRICT <br /> ADVISORY BOARD REPORT AND BUDGET AND LEVY OF THE <br /> 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 levy the 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. Adoption <br /> of the budget will enact the 2006 assessment levy. <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 September 20, 2005 City <br />Council meeting, an advisory board was appointed to prepare the annual PDA report and <br />budget for 2006. The attached report contains the following required information: <br />SR:OS:3l8 <br /> , <br />