REPORT TO COUNCIL
SUBJECT
Title
Public Hearing and Adoption of Resolution to Confirm the Annual Report and Levy and Collect an Annual Assessment for the Downtown Sunnyvale Business Improvement District (BID) for Fiscal Year 2018/2019
Report
BACKGROUND
On March 27, 2018, the City Council approved the Fiscal Year 2017/2018 BID Annual Report, and adopted a Resolution of Intention to reauthorize the Downtown Sunnyvale Business Improvement District.
With the adoption of the resolution, Council set April 24, 2018 as the date for the public hearing. The purpose of the public hearing is to provide BID businesses an opportunity to support or oppose the BID reauthorization. The City Council will hear and consider protests against the BID reauthorization and/or protests regarding the proposed activities of the proposed BID.
If after the public hearing, businesses paying 50 percent or more of the total BID assessments file a protest, no further proceedings to reauthorize the BID can occur. If protests do not exceed 50 percent or more, staff recommends that Council adopt the Resolution to Confirm the Annual Report and Levy and Collect an Annual Assessment for Fiscal Year 2018/2019 (Attachment 1).
Downtown Sunnyvale BID
There are approximately 215 businesses located in the existing 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 (Attachment 1, Exhibit 2)
The current Board members are:
Joe Antuzzi, Il Postale, Board Chair
Dr. Gary Gold, Dr. Gold & Associates/Style Eyes Optique, Board Vice-Chair
Leigh Odum, Leigh's Favorite Books & Bookasaurus
Irene Murphy, Fibbar MaGee's
Amit Rajgarhia, Dish Dash
Victor Reynoso, Aloft Hotel
Crystal Johnson, RiverRock Real Estate Group
EXISTING POLICY
Municipal Code Sections - Downtown Sunnyvale Business Improvement District
3.60.050. Establishment of benefit assessments
3.60.060. Purpose and use of benefit assessments
3.60.090. Collection of be...
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