Report Prepared by: Craig J. Cornwell, City Attorney
Title
SUBJECT: Approval of an Agreement Between the City of Merced and the Downtown Merced Property Owner's Association to Administer the Downtown Merced Property-Based Improvement District and Authorizing the City Manager to Execute the Agreement
REPORT IN BRIEF
Considers approving the Agreement Between the City of Merced and the Downtown Merced Property Owner's Association to Administer the Downtown Merced Property-Based Improvement District and Authorizing the City Manager to Execute the Agreement.
RECOMMENDATION
City Council - Adopt a motion:
A. Approving the Agreement Between the City of Merced and the Downtown Merced Property Owner's Association to Administer the Downtown Merced Property-Based Improvement District; and,
B. Authorizing the City Manager to Execute the Agreement Between the City of Merced and the Downtown Merced Property Owner's Association to Administer the Downtown Merced Property-Based Improvement District in substantially the form on file with the City Clerk, with such changes thereto as may be approved as to form by the City Attorney.
Body
ALTERNATIVES
1. Approve, as recommended by staff; or,
2. Approve, subject to conditions other than as recommended by staff; or,
3. Deny; or,
4. Continue to a future meeting.
AUTHORITY
Property and Business Improvement District Law of 1994 (Streets and Highways Code Section 36600, et seq.)
City Council Resolution No. 2023-65.
DISCUSSION
The Property and Business Improvement District Law of 1994 (Streets and Highways Code Section 36600, et seq.) (the "Act") authorizes cities to establish business improvement districts and levy assessments against benefitted properties to finance authorized improvements and activities. Proceedings to establish a district include receipt of a petition from the affected property owners, holding a noticed public hearing, conducting an assessment balloting proceeding in compliance with Proposition 218, an...
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