RES 85397 - Laserfiche WebLink

Ordinance No. Page Three iv. to provide employment for our residents, v. to create opportunities for new businesses, and vi. increase tax revenues for the provision of public services. (b) The City Council finds that businesses lying within the business and improvement area will be benefited by the expenditure of the funds raised by the charges proposed to be levied. Section 11: Power to Contract. The Council may contract from time to time with a nonprofit tax exempt corporation, the purpose of which, shall be to carry out the purposes for which this charge is levied and as herein provided in this ordinance. In event such agreement is made, it shall provide that said corporation shall present a budget of proposed expenditures and purposes to the City Manager, for investigation and report to the Council upon the advisability and feasibility of the proposed expenditures and improvements. Upon approval of said budget requests, the Council shall allocate and direct payment of such amounts as it shall determine to said contracting agency by the City Finance Office. Section 12: Collection of Charges. (a) The charges provided by this ordinance shall be collected at the same time and in the same manner and with the same penalties as is provided in the Code of the City of Pleasanton for the collection of business license taxes, except as provided in subsection (b). (b) The Finance Director is authorized to advance funds to the District in anticipation of expected revenues. Section 13: Repeal of Ordinance No. 1110. When this modification of the schedule of charges and benefit zones established by Ordinance No. 1110 takes effect, then Ordinance No. 1110 shall be repealed. Section 14: Publication. This ordinance shall be published once within fifteen (15) days after its adoption in "The Tri-Valley Herald," a newspaper of general circulation published in the City of Pleasanton.