Title:
Title
16th Street Property and Business Improvement District No. 2020-02 - Ballot Results
End
FileID
File ID: 2020-00405
Location
Location: District 4
End
Recommendation:
Recommendation
1) Receive a report on the tabulation of assessment ballots submitted and not withdrawn before the public hearing closed June 16, 2020; and 2) based on the results of the tabulation, adopt a) a Resolution of Formation declaring the results of the majority protest proceedings and establishing and levying the 16th Street PBID No. 2020-02; and b) a Resolution approving the annual 16th Street PBID No. 2020-02 District and City fund budget and establishing an accounting fund for the 16th Street PBID No. 2020-02.
FileName
Contact: Sini Makasini, Administrative Analyst, (916) 808-7967; Sheri Smith, Special Districts Manager, (916) 808-7204, Department of Finance
Body
Presenter: None
Attachments:
1-Description/Analysis
2-Schedule of Proceedings
3-Resolution of Formation
4-Exhibt A, Management District Plan
5-Exhibit B, Map of District
6-Resolution Approving District Budget for FY2021
7-Exhibit A, Map of District
8-Exhibit B, PBID Budget and Parcel Assessment Rate
Description/Analysis
Issue Detail: The property owners along the 16th Street commercial corridor have proposed to establish the 16th Street Property and Business Improvement District (PBID) for a five-year term. The proposed PBID will serve the public interest by providing additional services related to safety, maintenance, and economic development above and beyond what the City currently provides. The proposed services include daily patrol of street ambassadors, street beautification projects, trash abatement, and graffiti removal. Also, the PBID will fund place-making services, which include marketing, outreach, and other activities to convey a positive image and attract new business to the 16th Street corridor. The proposed services and activities are intended to revitalize the commercial corri...
Click here for full text