REPORT TO COUNCIL
SUBJECT
Title
Public Hearing to Adopt a Resolution Confirming the Annual Report to Levy and Collect an Annual Assessment for the Downtown Sunnyvale Business Improvement District (BID) for Fiscal Year 2024/25
Report
BACKGROUND
On March 19, 2024, the City Council approved the Fiscal Year 2023/24 Annual Report and adopted a Resolution of Intention (ROI) to renew the Downtown Sunnyvale Business Improvement District (BID) (RTC No. 24-0229). By adopting the ROI, Council set May 7, 2024, as the public hearing date to allow BID businesses an opportunity to support or oppose the BID renewal. The purpose of the public hearing is for Council to hear and consider protests against the BID renewal and/or protests regarding proposed BID activities.
If after the public hearing, businesses paying 50% or more of the total BID assessments file a protest, no further proceedings to renew the BID can occur. If protests do not exceed 50% or more, Council can adopt the Resolution to Confirm the Annual Report and Levy and Collect an Annual Assessment for Fiscal Year 2024/25 (Attachment 1).
Downtown Sunnyvale BID
There are about 220 businesses located in the BID area, which is divided into three zones: Zone A, Zone B, and Zone C. The BID boundaries are Sunnyvale, Iowa, Mathilda, and Evelyn Avenues.
The current Board members are:
Dr. Gary Gold, Dr. Gold & Associates & Style Eyes Optique, Chairman
Leigh Odum, Leigh's Favorite Books & Bookasauraus, Secretary
Amit Rajgarhia, Dish Dash, Treasurer
Katie Voong, Mayan Kitchen/K Tea Caf?
Salvatore Foresta, Sweet Sicily
Justin Breining, Whole Foods Market
Amal Allan, City National Bank
EXISTING POLICY
Sunnyvale Municipal Code Chapter 3.60 (Downtown Sunnyvale Business Improvement District) and specific sections:
3.60.050. Establishment of benefit assessments
3.60.060. Purpose and use of benefit assessments
3.60.090. Collection of benefit assessment
ENVIRONMENTAL REVIEW
This action is not a project within the meaning of the...
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