19C - DSABID 2004 ANNUAL REPORT - Laserfiche WebLink

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We envision that all businesses within the Overlay BID's geographical area would be paying BID members, hence, it is important that a significant majority of business licensees support the Overlay BID's creation. The City would collect and distribute the BID improvement tax dollars to the respective Overlay BID's management who would expend moneys for those purposes consistent with that Overlay BID's Board of Directors directives. The Overlay BID's management would be responsible to the City for its' financial dealings like the former Downtown Santa Ana Business Association's Board of Directors. The two Overlay BIDs would coordinate their respective promotion and special events for maximum effectiveness. The City Council should act as soon as legally possible to create two Overlay BIDs from the existing Downtown BID with geographical boundaries to be determined. Once the two Overlay BID's boundaries are established, one hundred (100%) percent of the current BID improvement tax should be collected by the City and held in trust until such time as the two Overlay BIDs are operating with functioning Boards of Directors to receive the moneys. . Miguel, momentum currently exists to resolve Downtown's very long, bitter and divisive BID dispute. There is an almost unanimous consensus amongst Downtown's various special interest groups to end the BID dispute. And perhaps, more importantly, much goodwill now exists for a prompt resolution of this matter. It is time for Downtown's business people to stop fighting and start promoting for the benefit of all. Thank you for your consideration of our comments. . " I -b. Irving M. Chase, General Partner cc: Fiesta Marketplace Promotion Fund City Council Members David Ream, City Manager City Clerk Patricia Whitaker, Executive Director Matthew Lamb, Downtown Development Manager , . 19C-17