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PH — 2018 BID Assessment December 19, 2017 Page 2 less than 50 percent, the Council will be precluded from taking any action to levy the 2018 assessment. Any written protests filed and not withdrawn must be reviewed to determine if they meet certain qualifications; this review will include a comparison of names and business owners with official City records. If it is determined that less than a majority protest is filed, the adoption of the subject resolution will confirm the 2018 Assessment report for the BID and levy the assessments for 2018 (Exhibit 1). The 2018 Assessment Report includes a description of the BID assessment formula, where certain business classifications are charged 25%, 100% or 150% of their business license fee as their BID assessment. This formula was established in 1984 and remains unchanged. To ensure full understanding of how the assessment formula is applied to each business, attached as Exhibit 2 is a listing of all businesses which would be subject to the 2018 BID assessment showing which charge would apply to each business. STRATEGIC PLAN ALIGNMENT Approval of this item allows the City to meet Goal #3 (Economic Development), Objective 4 (Continue to pursue objectives that shape downtown Santa Ana into a thriving, culturally diverse, shopping, dining, and entertainment destination), Strategy F (Partner with downtown business and merchant associations to program events that showcase restaurants, shopping and entertainment venues). FISCAL IMPACT There is no fiscal impact associated with this action. The City only serves as a pass-through for BID revenue in accordance with the Assessment Report and any approved operating agreements. Robert M. Zur S h ied Interim Executive Uirector Exhibit: 1. Resolution 2. List of Businesses Subject to Assessment 3. 2018 Assessment Report 75H-2