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Recommended Actions <br />• Must comply with State BID law and municipal code <br />• 2022 Assessment Report reviewed: <br />■ No changes to BID boundary <br />■ No changes to BID assessment formula <br />■ Anticipated budget of $200,000: <br />o $100,000 to DTI for promotion activities <br />o $100,000 to SABC for promotion activities <br />• Conduct public hearing (tonight) <br />• If no protests above 50 percent, levy the assessment <br />Public Hearing - Downtown BID <br />Community Development Agency <br />Slide 4 <br />- 12/7/21 <br />o <br />