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2005-01-03
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2005-01-03
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8/1/2019 2:28:15 PM
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2/17/2005 12:27:52 PM
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CONSENT CALENDAR <br />resolution of intention (No. 2004-093) to levy an annual assessment <br />for 2005 and setting the time and place for the public hearing to be <br />held on January 18, 2005, all as set forth in the Staff Report, with the <br />following changes: <br />1. That the 2005 Annual Assessment Formula set forth in <br />Attachment B of the Annual Report be amended by deleting <br />reference to the reduction by 25 percent in each business <br />category; <br />2. That the Budget Summary for 2005 set forth in Attachment C of <br />the Annual Report be amended by (a) increasing the BID <br />Assessment revenue from $35,000 to $140,000 thereby increasing <br />the Total Operating Revenue to $240,000, and (b) adding the <br />following two new line items in the Operating Expense <br />i. Maintenance (Litter Enhancement) and Downtown Lighting <br />Program--$52,500 <br />ii. Downtown Promotion and Marketing--$52,500 <br />3. That Resolution 2004-093 be amended as follows: <br />I. Delete Paragraph 2 <br />II. That the reference in Paragraph 5 to the Annual Report be <br />"as revised" <br />III. That the second sentence of Paragraph 7 be deleted <br />4. That City Staff work with the Community Redevelopment Housing <br />Commission and the downtown community to develop a new BID <br />structure that creates two benefit zones with appropriate new <br />governance procedures for adopting assessments and budgets <br />for those zones. <br />MOTION: Alvarez SECOND: Bustamante <br />VOTE: AYES: Alvarez, Bist, Bustamante, Christy, Garcia, <br />Solorio (6) <br />NOES: None (0) <br />ABSTAIN: Pulido (1) <br />ABSENT: None (0) <br />CITY COUNCIL MINUTES 9 JANUARY 3, 2005 <br />
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