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 2019/2020
BACKGROUND
On March 26, 2019, the City Council approved the Fiscal Year (FY) 2018/2019 BID Annual Report, and adopted a Resolution of Intention to reauthorize the BID.
With adoption of the resolution, Council set May 7, 2019 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 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 FY 2019/2020 (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 B).
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 Zemlin, RiverRock Real Estate Group
EXISTING POLICY
Sunnyvale Municipal Code Chapter (Downtown Sunnyvale Business Improvement District) and specifically Sections:
3.60.050. Establishment of benefit assessments
3.60.060. Purpose and use of benefit assessments
3.60.090. Collection of benefit assessment...
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