RES 83496 - Laserfiche WebLink

Section to preserve and enhance Pleasanton's heritage, ii. to give character and identity to this community, iii. to make a wider range of shopping, dining and community events available our citizens, to iv. to provide employment for our residents, vo to create opportunities for new businesses, vi. and increase tax revenues for the Drovision of public services. The City Council finds that businesses lying within the business and improvement area will be benefitted by the expenditure of the funds raised by the charges proposed to be levied. Specifically, the Council finds that the two benefit zones accurately reflect increased benefits to be received based upon proximity to Main Street. Council further finds that the two classifications accurately reflect the increased benefits received by retail businesses and that certain high volume, low profit margin retail businesses are appropriately excluded from the retail classification (i.e. grocery stores and service stations). Power to Contract. The Council may contract from time to time with a non-profit tax-exempt corporation, the purDose 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. -4-