Legislation Details

File #: HIST-3997    Version: 1 Subject:
Type: Historical Status: Public Hearing
In control: City Council Meeting Agenda
On agenda: 12/11/2006 Final action: 12/11/2006
Title: Public Hearing to Continue the Downtown Culver City Business Improvement District.
Attachments: 1. PH-2__06-12-11_CCD_DBA BID Renewal Public Hearing.doc, 2. PH-2__DBA BID Renewal.pdf
City of Culver City, California City Council Agenda Item Report RECOMMENDATION: Staff recommends the City Council (the “Council”) adopt a resolution to levy the proposed 2007 BID assessment and adopt the recommendations for the 2007 BID Advisory Committee, unless a majority protest is made. PROCEDURE (Noticed Public Hearing): Mayor: Announces that this is the time and place for the hearing of protests or objections to the continuation of the BID. City Clerk: Announces that the Resolution of Intention, which included notice of this public hearing, was published in the Culver City News on November 23 and 30, 2006, and was mailed to all affected businesses. Mayor and Council: Moves to receive and file all affidavits. City Clerk: Announces the number of written protests received and verifies that all protests have been delivered to the Council. Mayor: Calls to the podium those individuals who filed a written protest, who wish to make oral protests or presentations. Staff: Reports on protests received. Mayor and Council: Moves to declare the Public Hearing closed. Meeting Date: 12/11/06 Item Number: PH-2 AGENDA ITEM: Public Hearing to Continue the Downtown Culver City Business Improvement District. Contact Person: Glenn Heald Phone Number: (310) 253-5752 Fiscal Impact: Yes [ ] No [X] General Fund: Yes [ ] No [X] Public Hearing: [X] Action Item: [ ] Attachments: [X] Public Notification: The Resolution of Intention was mailed to businesses in the Downtown Culver City Business Improvement District (11/27/06); published in the Culver City News (11/23/06 & 11/30/06); Master Notification List (12/07/06). Department Approval: Susan Evans (11/30/2006) City Manager Approval: Jerry Fulwood City Controller Approval: Marlee ChangCity of Culver City, California City Council Agenda Item Report If business/property owners representing less than fifty percent of the total assessment to be levied submit protests, move to overrule and deny all protests and then consider the adoption of a resolution to levy the 2007 BID assessment; OR If business/property owners representing more than fifty percent of the total assessment to be levied submit protests, move to deny the BID for a period of one year. BACKGROUND: The BID provides a mechanism for businesses to levy assessments on themselves for the promotion of business activities and public events; decoration of public places; and the acquisition, construction, installation and maintenance of specific improvements. The BID assessment reduces Downtown business dependency on the City and Redevelopment Agency. On November 13, 2006, the Council approved the BID’s 2007 Annual Work Program and Budget, as filed with the City Clerk, and adopted a Resolution of Intention to conduct a public hearing on December 11th. Additional information related to the Annual Work Program and Budget was included in the November 13, 2006, City Council Agenda Item Staff Report, which is attached for review (Attachment No. 1). DISCUSSION: During 2006, the BID reported approximately $83,848 in total BID assessment revenues, Agency Executive Director grant, and carryover funds from 2005. These funds were used toward the 2006 DBA BID Work Program, with an anticipated carryover of $5,000 for 2007. This is further described in the Downtown Business Association’s (the “DBA”) Quarterly Financial Statements, which are attached for review (Attachment No. 3). BID revenues are managed by the DBA in accordance with the Management Agreement between the DBA and the City. The Management Agreement was renewed this year and will not expire until December 31, 2008. The DBA uses BID revenues to implement the Work Program defined in the BID Advisory Board’s Annual Report (the “Report”). The 2006 Report is attached for review (Attachment City of Culver City, California City Council Agenda Item Report No. 2). The DBA’s responsibilities are fully described in the Management Agreement, which is attached for review (Attachment No. 4). Staff has identified the following issues that require discussion: protest of the proposed assessment, appointment of BID Advisory Board members, and renewal of the Business Improvement District Management Agreement. Protest of the Proposed Assessment State Law [Streets and Highways Code Section 36525.(a)] states: “If written protests received from the owners of businesses in the proposed area which will pay fifty percent or more of the assessment proposed to be levied and protests are not withdrawn so as to reduce the protests to less than that fifty percent, no further proceedings to create the specified parking and business improvement area or to levy the proposed assessment, as contained in the Resolution of Intention, shall be taken for a period of one year from the date of the finding of a majority protest by the Council.” BID Advisory Board Membership State law requires the Council to appoint a BID Advisory Board, which is responsible for compiling the Report. The Report identifies how BID assessment revenue will be spent, proposed improvements and activities, the classification of businesses, the method and basis of levying assessments, and other matters the Advisory Board deems appropriate. The BID Advisory Board members for 2006 were: 1) Andrew Weissman - Attorney at Law/Business Owner 2) Kamaren Henson - Wonderful World of Animation/Property Owner 3) Greg Reiner - The Actor’s Gang/Business Representative 4) Jim Rodriques - Santa Maria BBQ/Business Owner 5) Gerald Weiner - Attorney/Business Owner The DBA recommends the following BID Advisory Board Members for 2007: 1) Ken Chernus – Property Owner 2) Debbie Weiss - Property Owner 3) Heidi Fahringer - Business Owner 4) Stu Freeman – Property Owner 5) Andrew Weissman - Business Owner 6) Gerald Weiner - AttorneyCity of Culver City, California City Council Agenda Item Report As part of the Management Agreement between the City and the DBA, all members of the BID Advisory Committee must be in good standing with the City, Redevelopment Agency, and BID in terms of business tax payments, BID assessments, refuse billing and Redevelopment Agency debt agreements. Upon review by the City Treasurer’s Office it appears that none of these individuals show any record of debt to the City, Redevelopment Agency, or BID. The Council may appoint the members recommended by the DBA or appoint new members to the BID Advisory Board. FISCAL ANALYSIS: In 2007 the BID assessment total is estimated to be approximately $126,367, which will be used to fund maintenance management ($61,200), advocacy and Administration ($53,800), and communication and image-enhancement expenses ($11,000). At the City Council meeting of November 13, 2006, the City Council did comment on the subject of delinquent assessments as a shortfall in revenue would impact the Bid’s ability to fully implement its work program. The BID will work with BID members to encourage prompt and timely payment of assessments (both current and prior years). Additionally, staff will work cooperatively with the BID should additional encouragement be necessary. ATTACHMENTS: 1. November 13, 2006 City Council Agenda Item Report; 2. 2007 Annual Work Program and Budget (Approved by the Council on November 13, 2006); 3. BID Advisory Board Recommendations 2007; 4. Management Agreement; 5. DBA Quarterly Reports; 6. Internal Revenue Service tax-exempt certification; 7. DBA Certificate of General Liability Insurance; and 8. Resolution to levy the proposed assessment. MOTION: (IF THERE IS NOT A MAJORITY PROTEST) THAT THE CITY COUNCIL:City of Culver City, California City Council Agenda Item Report 1. Adopt a resolution to levy the proposed 2007 BID assessment; and 2. Appoint Ken Chernus, Debbie Weiss, Heidi Fahringer, Stu Freeman, Andrew Weissman, and Gerald Weiner to the DBA BID Advisory Board; OR, (I F THERE IS A MAJORITY PROTEST) THAT THE CITY COUNCIL: 1. Approve a finding that protests have been received from the owners of businesses in the proposed district who represent fifty percent or more of the assessment proposed to be levied, and no further proceedings to continue the Downtown Culver City Business Improvement District shall be taken for a period of one year from the date of this meeting. MEETING DATE: 12/11/06 AGENDA ITEM: Public Hearing to Consider Continuation of the Downtown Business Improvement District, ATTACHMENTS Pages 1. Staff Report 11/13/06 Consideration of DBA BID 1-7 Work Program and Budget (Approved by Council 11/13/06) 2. 2007 BID Work Program and Budget 8-11 3. BID Advisory Board Recommendations 2007 12 4. Management Agreement 13-23 5. DBA quarterly financial statements 24-31 6. Internal Revenue Service tax-exempt certification 32-33 7. DBA Certificate of General Liability Insurance 34-35 8. Resolution to Levy the Proposed Assessment 36-38City of Culver City, California City Council Agenda Item Report Meeting Date: 11/13/06 Item Number: A-3 AGENDA ITEM: Consideration of the Downtown Culver City Business Improvement District Advisory Committee's Annual Work Program and Budget for the Continuation of the Downtown Business Improvement District. Contact Person/Dept.: Glenn Heald Phone Number: (310) 253-5752 Fiscal Impact: Yes [] No [X] General Fund: Yes B No I] . Public Hearing: 0 Action Item: [X] Attachments: [X] , Public Notification: Meeting notification and copy of the annual Work Program and Budget mailed to all businesses located in the Downtown Business Improvement District (11/02/06); published in the Culver City News (11102106 & 11/09/06); Master Notification List (11/09/06). Department Approval: Susan Evans (11/01/2006) City Manager Approval: Jerry B. Fulwood (11/08/2006) Approval: -City-Carl-troller Marlee Chang (11/07/2006) RECOMMENDATION: "Council") approve the Downtown Culver Advisory Committee's annual Work and adopt a Resolution of Intention to 2006 for the continuation of the Culver to levy assessments on themselves and public events; decoration of public installation or maintenance of specific businesses to be more self reliant, City of Culver City (the "City") and Culver Downtown Business Association (the Agreement between the DBA and the the DBA to maintain tax-exempt maintain one million dollars of General reports and budget updates to the progress toward completing their documents, insurance and quarterly Nos. 4, 5, 6 and 7). Staff recommends the City Council (the City Business Improvement District ("BID") Program and Budget for 2007 (the "Report"), conduct a public hearing on December 11, City Downtown BID. BACKGROUND: A BID provides a mechanism for businesses for the promotion of business activities places; and the acquisition, construction, improvements. The BID allows Downtown which reduces their dependency on the City Redevelopment Agency (the "Agency"). The BID Work Program is managed by the "DBA") in accordance with a Management City. The Management Agreement requires status with the Internal Revenue Service, Liability insurance, and submit quarterly Community Development Director describing approved work program. The DBA's Tax reports are attached for your information (AttachmentCity of Culver City, California City Council Agenda Item Report In accordance with the legal process for renewing a BID, the Council is first required to review and approve the BID Advisory Committee's Report during a public meeting. The Report describes any proposed changes in the BID boundaries, a description of activities to be undertaken (a work program), an estimate of the cost to provide the activities (a budget), the assessment formula, the amount of surplus/deficit to be carried over from the previous year, and the amount of other expected BID contributions. The City Council may modify any particular element contained in the report and approve it as modified. At the conclusion of the public meeting, the Council must adopt a Resolution of Intention (Attachment No. 1) to conduct a public hearing if the BID is to be continued for 2007. Upon completion of the public hearing, which has been tentatively scheduled for December 11, 2006, the Council must approve a final resolution to formally continue the BID. The public will be notified of the public hearing in accordance with State law. The BID was formed in September 1998, when the Council adopted Ordinance No. 98-011, in accordance with the Parking and Business Improvement Area Law of 1989 (the "Law"). The BID was amended in December 2000, when the Council rescinded Ordinance No. 98-011 and adopted Ordinance No. 2000-027. The new ordinance revised the BID assessment formula to increase the amount of the assessment and revised the BID Management Agreement to clarify ambiguous language in an attempt to streamline the administrative process. DISCUSSION: The following section describes BID accomplishments and delinquencies in 2006, and proposed BID activities and the BID assessment in 2007. BID Accomplishments in 2006 In 2006, the DBA used their assessments to fund the following: 2006 ACCOMPLISHMENTS MARKETING/EVENTS • Production of second annual Culver City Car Show in partnership with The Exchange Club.City of Culver City, California City Council Agenda Item Report • Continuing expansion of Website with additional features including "Downtown Lowdown" email newsletter, expanded Calendar and personalized feature boxes with photos on Downtown businesses. • Sponsorship of Summer Sunset Music Festival and promotional table at each concert. DESIGN/IMPROVEMENTS • Replacement and maintenance of Culver Boulevard decorative tree lights in response to termination of previous Agency contract. • Replacement and refurbishment of all Holiday street ornaments. • Meetings with Agency on implementation of Outdoor Directory project and initiation of graphic, fabrication and lighting design. ADMINISTRATION • Contract with Urban Place Consulting Group for services as Interim Executive Director in order to carry out day to day Administrative responsibilities. • Rental of office and purchase of office equipment for greater staff efficiency and Downtown physical presence. • Supplemental payment to Executive Director in addition to Agency grant and total payment assumed upon sunset of grant funding. • Retained Urban Place Consulting services for research and feasibility study for possible Property Business Improvement District (PBID) creation to replace current BID and increase services to District through increased funding. BID Delinquencies in 2006 During 2006, there were 123 businesses subject to the BID assessment. Of these, the assessment was collected from 101 businesses (81.81%). The total amount collected was approximately $46,119. The remaining 22 businesses are delinquent. If payment is not received after a final notice, a claim will be forwarded to the City Attorney's Office and will be sent to small claims court. BID Activities in 2007 In October the BID Advisory Committee filed the proposed 2007 Work Program and Budget (Attachment No. 6) with the City Clerk. The Advisory Board proposes the following activities within their Work Program for 2007:City of Culver City, California City Council Agenda Item Report MAINTENANCE • Implementing a sidewalk maintenance program: o Personnel to sweep litter, debris and refuse from sidewalks, alleys (paseos) and gutters of the District. o Power wash sidewalks within the District on a regular schedule throughout the year. • Graffiti and handbill removal program: o Graffiti is removed by painting, using solvent and pressure washing. o Paper signs and handbills will also be removed by hand or when necessary by pressure washing. • Landscape Program: o Weed Abatement in planters and sidewalks o Trash and debris will be removed from planting areas o Limited Plant Replacement program, plants will be replaced within limited budget. o All green spaces to be watered and maintained on a regular basis. COMMUNICATION/IMAGE • Continuing a program of branding and promoting Downtown businesses and community activities in the media. • Continuing to develop marketing partnerships with established and new downtown business • Continued upgrading of website with greater services, information and linkage provided. • Replacement and maintenance of year round Culver Blvd. decorative tree lights. • Continuing maintenance of previously purchased Holiday ornaments ADVOCACY & ADMINISTRATION • Proactive communication with City on violations of existing codes in relation to aesthetics and safety of facades and streetscape.City of Culver City, California City Council Agenda Item Report • Coordination between City Sanitation Division and businesses to improve current district dumpster/trash problems. Work to include increasing the quantity of dumpsters as well as improving the maintenance of trash compactors and dumpsters. Additionally, a program to provide more frequent emptying of dumpsters and trash receptacles will be developed. • Actively working with the City to develop additional funding to increase the maintenance and landscape efforts in downtown. • Fundraising effort will be explored to continue programs such as the Culver Card, Holiday Tree Lighting and other programs deemed important to the success of downtown. • Day to day management of maintenance and communication programs • Interacting with the City to insure timely assessment billing and payment The Downtown Business Advisory Committee adopted this report on Monday, October 16, 2006, in a publicly noticed meeting. During this meeting staff had the opportunity to ask questions and discuss how the various activities could be implemented and funded without duplicating either the City/Agency or DBA's efforts. BID Assessment in 2007 The proposed activities will primarily be funded through the assessment, which applies to Downtown businesses as follows: Business Type City Business License Code Annual BID Fee TYPE A Retail 1-1000 sq. ft. 036-144, 396, Retail 1001-2500 sq. ft. 399, 402 $300 $500 Retail 2501-5000 sq. ft. $750 Retail > 5000 sq. ft. $1000 Hotel 456,480 $1500 Restaurant 0-50 seats 390, 654-690 $1000 Restaurant 51 -1 00 seats $1500 Restaurant > 100 seats $2000 Computer Graphics & Computer Services 152, 200 $500 Martial Arts Studio, Health Studios, Hair Salon 0-25,000 sq. ft. 744,276 $500 >25,000 sq. ft. $1000City of Culver City, California City Council Agenda Item Report TYPE B Theaters 858 $2 per seat Live Performance 858 $1 per seat TYPE C All others, not listed $300 TYPE D Banking Institutions 0-7500 sq. ft. 342 $1000 Banking Institutions > 7500 sq. ft $1500 Film Studios 490, 498 $1000 Recording Studios 554 $1000 Utilities $1000 Hospitals > 20,000 sq. ft. 780 $2000 Hospitals and Clinics <20,000 sq. ft. $1000 TYPE E Commercial Rentals 432 <5,000 $1000 5,001-15,000 $1500 15,001-25,000 $2000 25,001-35,000 $2500 Over 35,000 $3000 FISCAL ANALYSIS: The BID's quarterly financial statements for 2006 are attached for your information. _These financial„statements describe activities undertaken and funds expended during their fiscal year. As previously stated, funds from the 2007 BID assessment will be used for business enhancement, design and design activity and other items in accordance with the Law. During 2007, the BID anticipates assessment revenues of $121,367 and carry-over funds in the amount of $5,000. The DBA now funds the salary of the Executive Director (this was previously subsidized by the Agency). The fiscal impact to the City for the approval of the BID Annual Work Program is the cost related to staff time associated with this process.City of Culver City, California City Council Agenda item Report ATTACHMENTS: 1. Resolution of Intention; 2. 2007 BID Work Program and Budget; 3. Internal Revenue Service tax-exempt certification; 4. DBA Certificate of General Liability Insurance; 5. Summary of 2006 4th Quarter Accounts Payable; and 6. DBA quarterly financial statements. MOTION: That_the City Council: 1. Approve the 2007 BID Advisory Committee's Annual Work Program and Budget as filed with the City Clerk; and 2. Approve the Resolution of Intention to set December 11, 2006, as the date for a public hearing to consider the continuation of the Downtown Culver City Business Improvement District. Business Type City Business License Code Annual BID Fee TYPEA Retail 1-1000 sq. ft. _ • 0-3 SO JO $300 Retail 1001-2500 sq. ft. $500 Retail 2501-5000 sq. ft. $750 Retail > 5000 sq. ft. $1000 Hotel 456, 480 $1500 Restaurant 0-50 seats 390, 654-690 $1000 Restaurant 51-100 seats $1500 Restaurant > 100 seats $2000 Computer Graphics & Computer Services 152, 200 $500 Martial Arts Studio, Health Studios, Hair Salon --------25;000--sq. ft. 144, 276 $500 > 25,000 sq. ft. $1000 TYPE B Theaters 858 $2 per seat Live Performance 858? $1 per seat TYPE C All others, not listed $300 TYPE D Banking InstiNtions 0-7500 sq. ft $1000 Banking Institutions >7500 sq. ft $1500 Film Studios 490, 498 $1000 Recording Studios 554 $1000 Utilities $1000 Hospitais > 20,000 sq. ft. 780 $2000 Hospitals and Clinics < 20,000 sq. ft $1000 TYPE E Commercial Rentals 432 <5,000 $1000 5,001-15,000 $1500 15,001-25,000 $2000 25,001-35,000 $2500 Downtown Culver City-Business Improvement District- Report of Proposed Year 2007 Work Program and Budget The Downtown Culver City Business Improvement District Advisory Committee ("Advisory Committee") is pleased to present its Proposed Year 2007 Work Program and Budget This report is prepared in accordance with the requirement of Culver City Ordinance No. 98-011, which established the Downtown Culver City Business Improvement District ("DCCBID"), the Business Improvement District Management Agreement between the City of Culver City ("City") and the Culver City Downtown Business Association ("CCDBA"), and the Streets and Highways Code, section 36533. The Advisory Committee does not propose any changes to the Advisory Committee structure, nor to the boundaries of the parking and business improvement area. A map illustrating BID boundaries is included as Exhibit A. The Advisory Board recommends changes to the assessment schedule as follows:3 Over 35,000 $3000 The OCCBID's activities and estimated costs for the coming year are set forth in Exhibit "B" Proposed year 2007 Work Program Budget. All funds collected are used for the BID activities to implement the "Downtown Culver City 4 Points Program", modeled after the "Main Streets 4 Points Program". Note: 1. Fee for individual business owners with multiple business licenses/operations at the same address will be based on the single highest category. 2. Business owners with multiple business locations within the BID area will be assessed separately at each location. 3. Commercial rentals will be assessed for each building location, not each tenant space. 4. Multiple independent business owners at the same address will be assessed separately at their respective rates.The Advisory Board proposes the following Work Program for 2007: MAINTENANCE • implementing a sidewalk maintenance program: o Personnel to sweep litter, debris and refuse from sidewalks, alleys (paseos) and gutters of the District o Power wash sidewalks within the District on a regular schedule throughout the year. • Graffiti and handbill removal program: O Graffiti is removed by painting, using solvent and pressure washing. O Paper signs and handbills will also be removed by hand or when necessary by pressure washing. • Landscape Program: O Weed Abatement in planters and sidewalks o Trash and debris will be removed from planting areas o Limited Plant Replacement program, plants will be replaced within limited budget u AH-green-spae,es4e-be-watered-and-rriai-ritaine_d_m_a_rPol flar his COMMUNICATION/IMAGE • Continuing a program of branding and promoting Downtown businesses and community activities in the media. • Continuing to develop marketing partnerships with established and new downtown business •—Continued_upgrading_of web_site with greater services, information and linkage provided. Rifplacement and maintenance of year round Culver Blvd. decorative tree lights. • Continuing maintenance of previously purchased Holiday ornaments ADVOCACY & ADMINISTRATION ? Proactive communication with City on violations of existing codes in relation to aesthetics and safety of facades and streetscape. Coordination between City Sanitation Division and businesses to improve the district dumpstOr/trash issue. Work to include increasing the quantity of dumpsters as well as improving the maintenance of trash compactors and dumpsters. Additionally, a program to provide more frequent emptying of dumpsters and trash receptacles will be developed. • Actively working with the City to develop additional funding to increase the maintenance and landscape efforts in downtown. • Fundraising effort will be explored to continue programs such as the Culver Card, Holiday Tree Lighting and other programs deemed important to the success of downtown. • Day to day management of maintenance and communication programs • Interacting with the City to insure timely assessment billing and payment 4Exhibit B Downtown Culver City-Business improvement District Proposed Year 2007 Work Program and Budget Revenue 2007 BID Assessment Fees $121,367 Carry Forward from 2006 Assessments $ 5,000 Total Revenue $126,367 Expenses Maintenance Management Sidewalk Sweep $19,200 Landscaping $15,000 Sidewalk Pressure Washing $12,000 Special Projects $15,000 Total Maintenance Management $61,200 Advocacy/Administration Professional Fees $ 1,800 Insurance $ 2,100 Tax, Dues, Permits $ 100 Office Rent $ 0 Telephone $ 500 Postage $ 500 Office supplies $ 800 Management $48,000 Total Administration $53,800 Total Communication/Image $11,000 Total Expenses $126,000 8NkzLA-\ v‘2(A-- -4; s BID ADVISORY BOARD RECOMMENDATIONS-2007 KEN CHERNUS/PROPERTY OWNER DEBBIE WE1SS/PROPERTY OWNER HEIDI FAHRINGER/BUSINESS OWNER STU FREEMAN/PROPERTY OWNERS ANDREW N. VVEISSMAN/BUSINESS OWNER GERALD WEINER/ATTORNEY V2goae)--( 04( 14 0_co_oc tA BUSINESS IMPROVEMENT DISTRICT MANAGEMENT AGREEMENT This Agreement is entered into by and between the CITY OF CULVER CITY, a municipal corporation organized and existing under and pursuant to its Charter and the Constitution of the State of California (hereinafter "City"), and the CULVER CITY DOWNTOWN BUSINESS ASSOCIATION, INC., a California nonprofit mutual benefit corporation organized and existing under and pursuant to the laws of the State of California (hereinafter "CCDBA") with reference to the following facts: RECITALS A. Following properly noticed and publicly held meetings and hearings, the City Council has continued a Business Improvement Area to be known as e sown own u ver i y :usiness mprovemen 115 nc ereina er "District"), pursuant to Section 36500 et seg. of the California Streets and Highways Code (hereinafter "Act"), by and through the adoption of Ordinance No. 2000-026 on December 11, 2000 (the "Ordinance"). B. Pursuant to the Ordinance and enabling law, benefit assessments have been levied upon the various classes of businesses located within the District. C. Such assessment levied and collected by City shall be used only for the purposes set forth in the Ordinance. D. The services to be performed by CCDBA contribute to the economic and promotional well being of the community. E. The City Council of the City has determined the public interest, convenience and necessity require the execution of this Agreement to provide the service to be provided by CCDBA. NOW, THEREFORE, City and CCDBA in consideration of the recitals, mutual promises, covenants, representations and agreements set forth below, hereby promise, covenant, agree and represent as follows: Section 1. TERM OF AGREEMENT 1.1 This Agreement shall be effective from January 1. 2007, through December 31, 2008, unless terminated sooner pursuant to the terms Page 1 sPage 2 hereof. Obligations or expenditures for items not budgeted shall not be paid through assessments collected for the District. 1.2 The CCDBA may terminate this Agreement in advance of the expiration of the term for cause, by giving sixty (60) days written notice to the City. Such termination shall be effective on the sixty-first (61st) day after mailing of such notice. 1.3 The City may terminate this Agreement in advance of the expiration of the term without cause, by giving sixty (60) days written notice to the CCDBA. Such termination shall be effective on the sixty-first (61st) day after mailing of such notice. Section 2. CCDBA RESPONSIBILITIES 2.1 CCDBA shall render professional services and shall utilize, and cooperate with, the Community Development Director, or her/his designee, to provide work program coordination consisting of project development and implementation, program administration and plans and reports. 2.2 CCDBA shall submit to the Community Development Director project plans and reports, including the following: 2.2.1 Before the implementation of any project or expenditure of project funds, submit a project plan as described further under items 2.2.2 and 2.5 below. 2.2.2 By the 30th day of the first month of each quarter, beginning April 30, 2007, submit a quarterly progress report, outlining the progress of the several projects in relation to the proposed project schedules. This report will be provided with each quarterly or periodic request for disbursement or reimbursable advance. 2.2.3 By October 1, 2007, submit a report outlining the project plans, goals and budget for the ensuing fiscal year, January 1 to December 31, 2008, including all documentation, as required by Section 36533 of the Act, as well as all other pertinent provisions of the Act, as amended. 2.2.4 By March 30, 2007, CCDBA shall submit to the Community Development Director a statement of income and expense ofCCDBA covering the period from January 1 to December 31, 2006, certified by an independent Certified Public Accountant. CCDBA responsibilities pursuant to this Paragraph 2.2 shall be in conformance with accepted industry standards to the sole reasonable satisfaction of the Community Development Director. 2.3 CCDBA shall administer the entire work program in a prudent manner within the budget attached hereto and made a part hereof as Exhibit A. CCDBA assumes responsibility for contracting for support services as required and paying for all such direct out-of-pocket expenses as may be necessary for the timely completion of work. Obligations or expenditures for items not budgeted shall not be paid through assessments collected for the District. 2.4 CCDBA shall maintain ongoing liaison with the community, which shall inctud- e harding an annual— public meeting to —be noticed—in writing to all assessed business establishments in the District. This meeting will be conducted in the community in order to allow the business establishments to familiarize themselves with CCDBA functions and to inform CCDBA of their concerns and desires. A representative of the Community Development Directors office may attend as a member of the panel to provide information as required. 2.5 In addition to an annual work program, CCDBA may choose for each project to be implemented, to submit for the Community Development Director's approval a focused project plan, including a project budget and proposed project schedule. Each project shall be implemented within the budget amount specified. If the budget amount for any project is not sufficient, CCDBA has the authority to make reasonable budget adjustments not to exceed twenty-five percent (25%) of the total budget for that project, between several projects as necessary, and as limited by the total annual budget for the program. The projects shall be as follows, in no order of priority: 2.5.1 Commercial Marketing CCDBA shall develop a general commercial marketing program, which may include such items as a public relations campaign, institutional advertising, a community newsletter, and a business directory and member mailing list of all businesses in the District. 2.5.2 Special Events and Activities Page 3 ccPage 4 CCDBA shall develop and carry out an annual program of special events and activities, which may include such items as street fairs, carnivals, circuses, farmers' market and other sales and promotional activities. 2.5.3 Beautification CCDBA shall develop and implement a physical beautification program, which may include items such as special event banners and flags, holiday lighting and decorations, and other area wide amenities as appropriate. 2.5.4 Other CCDBA shall provide for other organization related services, functional duties and expenses such as insurance, bookkeeping/accounting, printing, postage, office supplies, equipment and utilities, as appropriate. 2.6 CCDBA shall maintain tax-exempt status with the United States Internal Revenue Service and the California State Franchise Tax Board for the term of this Agreement. CCDBA shall provide documentation of such status to the City Treasurer prior to the disbursement of any funds to CCDBA pursuant to this Agreement. 2.7 CCDBA shall recommend to the City Council for appointment CCDBA members who will act as a Business Improvement District Advisory Board. This committee shall be named the CCDBA BID Advisory Board Committee. Members of this committee shall be limited to representatives of businesses that are within the District and are subject to the assessments. Members shall be in good standing with the District and shall be current in regard to Culver City Business Tax, or any other debts to the CCDBA, District, or the City. 2.8 CCDBA, and subcontractors and consultants, if any, shall be required to obtain all necessary documentation including, but not limited to, any and all certificates, licenses and permits required to do business in the City. A list of said subcontractors and consultants shall be submitted to the City Treasurer on a quarterly basis, commencing April 1, 2007. Section 3. CITY RESPONSIBILITIES3.1 The City shall be responsible for mailing billings, for collecting the assessment and for authorizing disbursements of funds collected to CCDBA. 3.1.1 Refunds and Adjustments The City Treasurer shall reserve the right to retain a sum equal to the amount of assessments known to be in dispute for a period of forty-five (45) calendar days after the close of the fiscal year ending on December 31, 2007, as a contingency fund for the processing of valid claims for refunds or adjustments submitted to the City by business establishments within the District. The City's standard policy for processing claims for refunds or adjustments shall apply. 3.2 The Community Development Director shall review CCDBA's quarterly reports. 3.3 City Treasurer shall disburse funds on a monthly basis when the assessment fund account balance exceeds $100. The City's standard policy for processing requests for disbursement shall apply. 3.4 CCDBA shall pay to City all standard City fees including, but not limited to, fees or service charges for photocopy and reproduction requests and generation of real property, parcel or business ownership lists, as applicable. 3.5 Certain types of information obtained and possessed by the City including, but not limited to, certain tax data, have been determined to be confidential information by the City Attorney and will not be made available to CCDBA. Notwithstanding, the City Treasurer's Office shall inform the CCDBA when a new business enters the District. This shall occur each quarter. The list shall include a method by which the CCDBA may contact a new business. 3.6 The City recognizes the CCDBA BID Advisory Board Committee as the BID advisory board within the meaning of that term as referenced in Section 36530 of the Act. 3.7 The CCDBA understands and acknowledges that the CCDBA BID Advisory Board Committee will be subject to all State and City laws and regulations relating to government entities' conflict of interest, open meetings and public records, and hereby agrees to comply with all such laws and regulations. Section 4. DISBURSEMENTS Page 5 1:(4.1 An amount proportionate to the total amount collected shall be disbursed to the CCDBA by the City Treasurer's Office, not to exceed the total budget as approved by the City Council, less one percent of the total assessment to cover City expenses. If CCDBA dissolves itself prior to or upon the expiration of this Agreement, any unexpended monies shall be returned to the City Treasurer. 42 By the thirtieth (30th) day of the first month of each quarter, CCDBA shall submit in duplicate a quarterly report to the Community Development Director specifying. Such report shall: 1. Include the quarterly progress report, including supporting documentation of expenditures incurred in the previous quarter and an itemized request for disbursement for the current quarter. 2. Contain a statement by CCDBA certifying CCDBA staff time, if any, expended and payment requested is for services performed in accordance with the provisions of this Agreement. Section 5. NOTICES 5.1 Notices to the parties shall, unless otherwise requested in writing, be sent to: City City of Culver City Office of the Community Development Director Attention: Community Development Director P.O-. Box 507 Culver City, CA 90232-0507 CCDBA: Downtown Culver City Business Association Attention: President P.O. Box 1322 Culver City, CA 90232 Section 6. OWNERSHIP OF DOCUMENTS 6.1 The work product prepared or acquired by CCDBA pursuant to this Agreement including, but not limited to, any and all data, documents, memoranda, sketches, drawings, photographs, audio tapes, video tapes, computer disks, designs, plans, reports, investigations and materials (collectively and individually, the 'Work Product") shall be and shall remain property of City and the District for the exclusive use of the District. CCDBA shall have the right to retain copies of the Work Product. CCDBA acknowledges that the Work Product shall be and shall remain confidential, to the extent permitted by law, and shall not be made Page 6Page 7 available to any individual or organization without the prior written consent of the City. The Work Product shall, upon demand of the City, be delivered to the City without additional cost or expense to the City. Section 7. CONFLICT OF INTEREST 7.1 For the duration of this Agreement, CCDBA or its employees will not act as consultant or perform services or any kind for any person or entity in regard to the District without the prior written consent of the City_ In addition, neither members of the Board of Directors of CCDBA nor paid staff, if any, may enter into any contract on behalf of CCDBA, nor vote on any District matters when such contract or matter would be of financial benefit to the member of the Board of Directors over and above the general financial benefit to all businesses in the District. Section 8. COST RECORDS 8.1 In accordance with generally accepted accounting principles, CCDBA shall maintain full and complete records of services performed under this Agreement. Such records shall be open to the inspection of the City and shall be kept for a 5-year period in case of audit. 8.2 The records maintained by CCDBA shall include all receipts for expenditures incurred. The City reserves the right for the Community Director to perform a contract compliance audit at any time during the fiscal year. CCDBA agrees to keep all receipts and other supporting documents available for inspection during said audits. Section 9. EQUAL OPPORTUNITY PROGRAM 9.1 Nondiscrimination and Affirmative Action CCDBA shall comply with the applicable nondiscrimination and affirmative action provisions of the laws of the United States of America, the State of California and the City. In performing this Agreement, CCDBA shall not discriminate in its employment practices against any employee or applicant for employment because of such person's race, religion, national origin, ancestry, sex, sexual orientation, age, physical handicap, marital status or medical conditions. Section 10. AMENDMENTS10.1 City periodically- may-request- change in the scope of- services -to- be — performed hereunder. Such changes, which are mutually agreed upon by and between City and CCDBA, shall be incorporated in written amendments to this Agreement. 10.2. This Agreement may not be amended except in writing by mutual agreement of both parties. A failure to object to a breach of this Agreement shall not constitute an amendment thereof, nor shall it waive any future breach of this Agreement. Section 11. INSURANCE I ti Without limiting its obligations pursuant to Section 12 of this Agreement, CCDBA shall submit proof of Comprehensive General Liability insurance of minimum One Million Dollars ($1,000,000) single limit coverage, or statutorily required amounts, whichever is greater. Proof of insurance shall consist ot a Certificate of Insurance and the City s Special Endorsement Form, attached hereto as Exhibit "B," executed by CCDBA's insurer in amounts satisfactory to, and in a form approved by, the City Attorney. Section 12. INDEMNITY 12.1 Except for the active negligence or willful misconduct of City, CCDBA undertakes and agrees to defend, indemnify and hold harmless City, the CCRA and each of their, officers, agents, employees, assigns and successors in interest from and against all suits and causes of action, claims, losses, demands and expenses, including, but not limited to, attorney's fees and cost of litigation, damage or liability or any nature whatsoever, for death or injury to any person, including CCDBA's employees and agents, or damage or destruction of any property of either party hereto or of third parties arising in any manner by reason of the acts, errors, omissions or willful misconduct incident to the performance of this Agreement by CCDBA or its subcontractors of any tier. The City does not waive any rights against CCDBA, which it or the CCRA may have by reason of the above hold-harmless clause due to the acceptance by the City of insurance policies described herein. In the event CCDBA, City and/or CCRA are sued by a third party for damages caused or allegedly caused by of CCDBA or by a dangerous condition of City's or CCRA's property created by CCDBA or existing while the property was under the control of CCDBA, CCDBA shall not be relieved of its indemnity obligation to City or CCRA by any settlement with any such third party unless that settlement includes a full release and dismissal of all claims by the third party against the City or CCRA. Page 8Page 9 Section 13. ASSIGNMENT 13.1 CCDBA covenants and agrees it will not assign or transfer its rights under this Agreement, either in whole or in part, without first obtaining the written consent of City, which consent may be granted or denied at the sole and absolute discretion of City. Any attempt by CCDBA to assign or transfer its rights or obligations without such prior written consent shall be null and void and may, at the option of City, automatically terminate this Agreement. Section 14. ASSETS OF THE DISTRICT 14.1 In the event the District is disestablished or otherwise discontinued, then the existing assets of the District shall be the property of City. However, said assets shall only be used (1) to pay the City any outstanding sums due to it by the District and (2) to disburse the remaining assets after- payment to City by the then current members of the District on a pro-rata basis. Section 15. ATTORNEY FEES 15.1 If any action is brought in law or equity to enforce or interpret the provisions of the Agreement, the prevailing party shall be entitled to reasonable attorney fees in addition to any other relief to which it may be entitled. Section 16. SEVERABILITY 16.1 If any clause, provision, or section of the Agreement shall be ruled invalid by any court of competent jurisdiction, the invalidity of such clause, provision or section shall not affect any of the remaining provisions hereof. Section 17. WAIVER 17.1 Waiver by either party of any breach of any term, covenant or condition herein contained shall not be deemed a waiver of such term, covenant or condition or any subsequent breach of the same or any other term, covenant or condition herein contained. Section 18. SECTION HEADINGS 18.1 The section headings of the Agreement are for convenience and reference only, and shall in no way be deemed to define, limit or add to the meaning of any provision of the Agreement.Page 10 Section 19. GOVERNING LAW/COMPLIANCE WITH LAWS 19.1 The Agreement shall be governed by, and construed in accordance independent with, the laws of the State of California. The parties hereto agree to be found by all federal, state and local laws, ordinances, regulations and directives pertaining to the services to be performed hereunder. All disputes arising hereunder shall be resolved n Los Angeles County. Section 20. COUNTERPARTS 20.1 The Agreement may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument Section 21. EXTENT OF AGREEMENT 21.1 The Agreement represents the entire and integrated agreement between the City and CCDBA and supercedes any and all prior negotiations, representations or agreements, either oral or written.Page 11 IN WITNESS WHEREOF, this Agreement is executed by the CITY OF CULVER CITY, acting by and through its Mayor, and the CULVER CITY DOWNTOWN BUSINESS ASSOCIATION, acting by and through its President and Vice- President or Secretary. APPROVED AS TO FORM: CITY OF CULVER CITY, A Municipal CITY ATTORNEY Corporation of the State of California ATTEST: C E RI< By Christopher Armenta City Clerk By Gary Silbiger Mayor Date Andrew Weissman President Date Vice-Pre ent or Secretary Date /-/ // dr /41 6" 50,008.03 50,008.03 9,007.00 9 9 9 10,500.00 12.00 19.99 1,450.00 1,460.00 1,491.99 120.00 12,111.99 21,118.99 28,889.04 28,889.04 .14-\--crAs-v4NNea CC Downtown BID Profit & Loss January through March 2006 Jan - Mar 06 c Ordinary Income/Expense Income 4000Incorne 4010 - Bid Income 4080 • Reimbursed Expenses 4081 - Contract Labor 41,000.00 9,007.00 Total 4080 • Reimbursed Expenses 9,007.00 4090' Miscellaneous Income 4091 Interest income 1.03 Total 4090 Miscellaneous Income 1.03 Total 4000 - Income Total Income Expense BID Establishment Void 8000 Administration Expense 8012- Contract Labor 8400 Office Expenses 8420 • Sank Service Charges 8470 • Office Supplies 8480 Rent 8482 - Office Rent Total 8480 • Rent Total 8400 Office Expenses 8450 - Parking Total 8000 • Administration Expense Total Expense Net Ordinary Income Net IncomeCC Downtown BID Balance Sheet As of March 31, 2006 ASSETS Current Assets Checking/Savings 1000 - Cash 1030 • BID Account2 - Bank of the West 1090- Petty Cash 1000 - Cash - Other Total 1000 • Cash Total Checking/Savings Accounts Receivable 1200 - Accounts Receivable Total Accounts Receivable Total Current Assets Fixed Assets Mar 31, 06 41,848.60 200.00 1.82 42,050.42 42,050.42 9,007.00 9,007.00 51,057.42 1701 Furniture & Fixtures 646.09 1702 - Computer Equipment 1,603.03 Total 1700 • Fixed Asset 2,249.12 Total Fixed Assets 2,249.12 TOTAL ASSETS 53,306.54 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 2000 • Accounts Payable 730.00 Total Accounts Payable 730.00 Total Current Liabilities 730.00 Total Liabilities 730.00 Equity 3000 - Opening Balance Equity 5,867.79 3100 • Retained Earnings 17,819.71 Net Income 28,889.04 Total Equity 52,576.54 TOTAL LIABILITIES & EQUITY 53,306.54 cLcCC Downtown BID Profit 8. , Lass April through June 2006 Apr Jun 06 Ordinary Income/Expense Income 4000-income- 4080 Reimbursed Expenses 4081 - Contract Labor Total 4080 • Reimbursed Expenses 4090 Miscellaneous Income 4091 interest income Total 4090 Miscellaneous Income Total 4000 • Income Total Income Expense 5000 • Marketing and Promotion Expense 5200 Promotional Events 5216 - Summer Sunset 5200 • Promotional Events - Other 1,563.80 1,563.80 9.54 9.54 1,573.34 1,573.34 0.00 2,500.00 Total 5200 Promotional Events 2,500.00 Total 5000 • Marketing and Promotion Expense 2,500.00 8000 • Administration Expense 8012 • Contract Labor 12,063.80 8200 Insurance 770.00 8400 - Office Expenses 8480 • Rent 8482 - Office Rent 730.00 Total 8480 • Rent 730.00 Total 8400 • Office Expenses 730.00 8450 - Parking 180.00 8700 • Taxes 8710 • Franchise Tax Board Total 8700 - Taxes 10.00 Total 8000 • Administration Expense 13,753.80 Total Expense 16,253.80 Net Ordinary Income -14,680.46 Net Income -14,680A6 10.00CC Downtown BID Balance Sheet As of June 30, 2006 ASSETS Current Assets Checkihg/Savings 1000 Cash 1030 - BID Account2 - Bank of the West 1090 Petty Cash 1000 Cash - Other Total 1000 - Cash Total Checking/Savings Accounts Receivable 1200 Accounts Receivable Total Accounts Receivable Total Current Assets Jun 30, 06 33,881.34 200.00 1.82 34,083.16 34,083.16 1,563.80 1,563.130 35,646.96 Fixed Assets 1700 Fixed Asset 1701 - Furniture & Fixtures 646.09 1702 Computer Equipment 1,603.03 Total 1700 • Fixed Asset 2,249:12 Total Fixed Assets 2,249.12 TOTAL ASSETS 37,896.08 LIABILITIES & EQUITY Equity 3000 • Opening Balance Equity 5,867.79 3100- Retained Earnings 17,819.71 Net Income 14,208.58 Total Equity 37,896.08 TOTAL LIABILITIES & EQUITY 37,896.08CC Downtown BID Profit & Loss July through September 2006 Jul-Sep 06 Ordinary Income!Expense Income 4000—Income 4090 • Miscellaneous Income 4091 - Interest income Total 4090 • Miscellaneous Income 6.86 Total 4000 • Income 6.86 Total Income 6.86 Expense 5000 - Marketing and Promotion Expense 5200 • Promotional Events 5214- Car Show 0.00 Total 5200- Promotional Events 0.00 5400 • Webs ite 5411 • Website Maintenance 1,010,00 6.86 Total 5400 Website 1,010.00 Total 5000 • Marketing and Promotion Expense 1,010.00 8000 - Administration Expense 8012 • Contract Labor 10,500.00 8400 • Office Expenses 8430- Postage and Delivery 89.10 8470 • Office Supplies 82.23 8480 • Rent 8482- Office Rent 1,460.00 8480 • Rent - Other 0.00 Total 8480 • Rent 1,460.00 Total 8400 Office Expenses 8450 • Parking 8500 - Professional Fees Total 8000 - Administration Expense Total Expense Net Ordinary Income Net Income 1,631.33 180.00 20.00 12,331.33 13,341.33 -13,334.47 -13,334A7CC Downtown BID Balance Sheet As of September 30, 2006 Sep 30, 06 ASSETS Current Assets -Checking/Savings 1000 Cash 1030 • BID Account2 Bank of the West 19,710.67 1090 • Petty Cash 200.00 1000 Cash - Other 1.82 Total 1000 - Cash 19,912.49 Total Checking/Savings 19,912.49 Total Current Assets 19,912.49 Fixed Assets 1700 • Fixed Asset 1701 Furniture & Fixtures 646.09 1702- Computer Equipment 1,603.03 Total 1700 - Fixed Asset 2,249.12 Total Fixed Assets 2,249.12 TOTAL ASSETS 22,161.61 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 2000 • Accounts Payable -2,400.00 Total Accounts Payable -2,400.00 Total Current Liabilities -2,400.00 Total Liabilities -2,400.00 Equity 3000 • Opening Balance Equity 5,867.79 3100- Retained Earnings 17,819.71 Net Income 874.11 Total Equity 24,561.61 TOTAL LIABILITIES & EQUITY 22,161.61 LtCC Downtown BID AIR Aging Summary As of October 2, 2006 Current 1 -30 31 - 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Vmm 6zrcia iftg-0.a7ed mem. 1r4 .211- =oval 71-aftgm memLlmble f=7. um.d-mUc inmpuivet eta? thzxe yopm aftmrttm rfturn 'LB aum, atglz 41mo rargairrad tm maks avE1.1212Abit a eqgfr dd V'var ° 1=JS 5.,24aaca. amy pluntlpfs. =a .0 m. f mg Elm. mu mr=r4., exquit. h/Elo fa= lizb 7iemilowisEd*01=-3 Imre to C=1;p1 .41, am ti td wy. .40mm 44 S1 11:M Y2 7_ AT, drad 71A—Ocr—iCt MOct 26 06 04:32p l'egg Hernandez 530 273 853 alc|109| p . 2 CULVCIT-01 HEPE ACORD MI CERTIFICATE OF LIABILITY INSURANCE DATE (NIMIDEVYYYY) 10/26(2006 PRODUCER (530) 273-7213 A cordia of California Insurance Services, Inc. CA DOI LIG #0352275 P0 Box 1106 Grass Valley, CA 95945-4701 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. INSURERS AFFORDING COVERAGE NAIC # INSURED Culver City Downtown Business Assoc. P.O. Box 1322 Culver City, CA 90232- INSURER A: U.S.L.I INSURER B: INSURER C.: -- INSURER D: INSURER E: THE POLICIES OF INSURANCE LISTED BELOW HAVE SEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR UR ADD-LI NSRO TYPE OF INSURANCE POLICY women POLICY EFFECTIVE DATE IMMMDtyn POLICY EXPIRATION DATE !IMMO/TY). LIMITS GENERAL LIABILITY COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE S DAMAGE 70 RENTED PREMISES (Ea occurence, S r---1 1 CLAIMS MADE I I OCCUR MED OCE (Arty one person) $ PERSONAL & ADV INJURY S GENERAL AGGREGATE GEM. AGGREGATE LIMITAPPLIES PER: PRODUCTS - COMP/OP AGO S —I —I FR° LOU POLICY COMBINED SINGLE LIMIT (Ea accident) AUTOMOBILE LIABILITY ANY AUTO ALL OWNED AUTOS schEou LED AUTOS HIREDAUTOS NON-OWNED AUTOS BODILY INJURY (Per persarq $ BODILY INJURY (Per accident) s PROPERTY DAM AGE (Per acciden() GARAGE LIABILITY AMY AUTO AUTO ONLY- EAACCIDENT $ III EA AGC OTHER THAN $ AUTO ONLY. AGG EXCESSAIMB RELLA LIABILITY EACH OCCURRENCE $ OCCUR I CLAIMS MADE AGGREGATE DEDUCTIBLE RETENTION S S WORKERS COMPENSATION AND EMPLOYERS' LLABIUTY ANY PROPRIETORIPARINERADECUTIVE OFFICER/MEADER EtCLUDEDr? It yes, describe under SPECIAL PROVISIONS bektyr OTH- 1 TORY umn's t__ 1 WC STATU- 1 ER ...,. EL EACH ACCIDENT $ EL DISEASE EA EMPLOYEE $ EL DISEASE - POLICY LIMIT $ A OTHER Directors & Officers N001036688D 912712006 912712007 ciaiins Blade ' $1,000,000 DESCRIPTION OF OPERATIONS 1 LOCATIONS 1 VEHICLES! EXCLUSIONS ADDED By ENDORSEMENT (SPECIAL PROVISIONS •Proof of Insurance Only* 10 days' notice for nonpayment of premium CERTIFICATE HOLDER CANCELLATION City of Culver City 9770 Culver Blvd. Culver City, CA 90232- SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAIL 30 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT; BUT FAILURE TO DO SO SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, Rs AGENTS OR AMR ID 9c 120n1 torn pTEI R SENTATIVES. A ' IZED REPRE TATIVE 0/4 ..f.„- ,-- .... i ACORI1 CORPORATION iRBTHIS BINDER IS A TEMPORARY INSURANCE CONTRACT, SUBJECT TO THE CONDITIONS SHOWN ON THE REVERSE SIDE OF THIS FORM. FRaiaucER 31V-322-1301 COMPANY BINDER I E.L.M. INSURANCE BROKERS, INC. United Slates Liability ins. CO. 17925 P.O. BOX 266B 1990 E. GRAND AVE STE 210 CA UC 0D2570S DATE EFFECTIVE TIME DATE Um/MITCH TIME X 1Z-01 AM EL SEGUNDO CA 913245-1768 7V- I- PHONE: 310-3224301 FAX: 310-322-1302 SEP 27 06 12:01 / PM NOV 27 06 NOON CODE 7-6Excv - MSS SilSIMSES.De INSURED CULVER CITY DOWNTOWN BUSINESS ASSOCIATION P.O. BOX 1322 CULVER CITY CA 90232 OSSCRIPTION' OF OPERATICIILSNEHICLES/PROPERTY (IncludIre Laotian) BUSINESS ASSOCIATION NDCY1C36,6138D SUB CODE|1010| THIS BINDER IS ISSUED TO EXTEND COVERAGE IN 1115 ABOVE NAMED COMPANY PER EXPIRING POLICY* ACORD INSURANCE BINDER 1 DATE INE/DIXTY) OCT 10 06 NOTE: IMPORTANT STATE INFORMATION ON REVERSE SIDE 007247T ACORD CORPORATION 1993 ACORD 75-S (2001101) ATTENTION: f 530 273 6539 P- 4 Oct 26 06 04:33p Peg gu Hernandez COVERAGES LIMITS TYPE OF INSURANCE COVRIAGEFORIIIS DEDUCTIBLE COINS % AMOUNT PROPERTY CAUSES OF LOSS BASIC I 'BROM) }SPEC NOT INCLUDED GENERAL LIADRXTY COMMERCIAL GEMERAZ LIABILITY NON PROFIT DIRECTORS & OFFICERS LIABILITY SUBJECT TO A SO PER CLAIM DEDUCTIBLE FULL PRIOR ACTS EACH °ccUIIIIENcE s 1,000,000 DAMAGE TO RENTED PREMISES INOT INCLUDED X 1 -ABAS WADE ri wain. MEDICAL ID2'ENSE (ATV cm FEITson) SNOT INCLUDED NON PROFIT D&O PiERSONAL a ADv INJURY WOT INCLUDED RETRO DATE FOR GAMS MADE. -GNELA6GREl,u E $— — — UR WW110 ' PRODUCTS -COMPIOP ADD :NOT INCLUDED AUTOMOBILE LIABILITY NOT INCLUDED • COMBINED SINGLE LIMIT $ ANY AUTO BOOLY INJURY(Per person) _ AU. CANNED AUTOS ] SCI•IEDULED AUTOS HIRED AUTOS i NON-OWNED AUTOS BODILY INJURY IPar =Want)|1010|PROPERTY DAMAGE — MEDICAL PAYMENTS PERSONAL INJURY- PROT UNINSURED MOTORIST AUTO PHYSICAL DAMAGE DEDUCTIBLE COLLISION: ALL VEHICLES L . SCHEDULED VFJUCLES NOT INCLUDED ACTUAL CASH VALUE STARED AMOUNT OTHER THAN COW OTHEFt GARAGE LIABILITY ANY AUTO NOT INCLUDED AUTO ONLY- EAACCIDENT 1 OTHERTHANAUTO ONLY: F EACH ACCIDENT S AGGREGATE 3 /EXCESS UADILTTY UMBRELLA FORM OTHER TI-IAN UMBRELLA FORM NOT INCLUDED RETRO DATE FOR CLAIMS MADE EACH OCCURENCE $ ! AGGREGATE $ SELF-BLSURED RETENTION . WORKER'S COMPENSATION AND EMPLOYERS LABILITY NOT INCLUDED - WC STA1VTORYUMrrS EL EACH ACCIDENT EL DISEASE -EACH EMPLOYEE S E.1 DISEAse - PoucY tem- 1 aPEcIAL SUBJECT TO CARRIER'S TIMELY RECEIPT OF THE PREMIUM /U CONDITIONS/ OTHER COVERAGES FEES 3 TAXES $ ESTIMATED TOTAL PREMIUM NAME & ADDRESSWHEREAS, the Parking and Business Improvement Area Law of 1989 (California Streets and Highway Code, sections 36500 et seq. (the "Act") authorizes cities to establish parking and business improvement areas for the purpose of imposin assessments on businesses for certain purposes; and WHEREAS, the City established by Ordinance No. 98-011 the Downtown Culver City Business Improvement District (the "District"); and WHEREAS, on November 13, 2006, the City approved the District's Annual Report (work program and budget), prepared by the Culver City Business Improvement|101010101010101010 10 10|11 12 13 14 15 16 17 18 19 20-- 21 22 23 24 25 26 27 28 RESOLUTION NO. 2006-R085 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CULVER CITY, CALIFORNIA, DECLARING ITS INTENTION TO CONDUCT A PUBLIC HEARING TO CONSIDER CONTINUATION OF THE DOWNTOWN CULVER CITY BUSINESS IMPROVEMENT DISTRICT ON DECEMBER 11, 2006. District Advisory Committee; and WHEREAS, businesses in the District have requested the City Council to reauthorize continuation of the District for the year 2007. NOW, THEREFORETthe City-Council- of-the City - of Culver City - DOES- HEREBY RESOLVE as follows: 1. Pursuant to the provisions of the Act, the City Council declares its intent to consider the continuation for the year 2007 of a Parking and Business Improvement Area named the Downtown Culver City Business Improvement District. 2. The proposed boundaries of the District are set forth in Exhibit "A," which is attached hereto and incorporated herein by reference, and are the same as those -1- 2006-R0851|1010101010101010 10|contained in Ordinance No. 2000-027, which replaced Ordinance No. 98-011 (ordinance that established the District). 3. The improvements and activities proposed for the District shall be funded by the levy of assessments on businesses within the District boundaries and may include, but are not limited to, the following: a. General promotion of business activities within the District; b. Promotion of public events which benefit businesses in the District and which take place on or in public places within the District; c. Decoration of any public place within the District; and d. Acquisition, construction, installation or maintenance of improvements identified in section 36510 of the Act. 4. The City Council intends to levy assessments on businesses located within the boundaries of the District, in the amounts and on the business classifications set forth in Exhibit "B," which is attached hereto and incorporated by reference as though fully set forth herein. The levy assessments are set forth in Ordinance No. 2000-027. 5. Except where funds are otherwise available, an assessment to pay for all specified improvements and activities within the District will be used to fund the activities and improvements shown on Exhibit "C," attached hereto and incorporated herein, which are also described in the Report to the City Council on file with the City Clerk that was prepared by the Culver City Downtown Business Association. 6. Businesses commenced during the year following the renewal of the District shall not be exempt from such assessments, but shall be assessed the appropriate amounts as listed on Exhibit "B" in a prorated format based upon the number of whole months remaining in the assessment period. 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -2- 2006-R085RY SI IGER, MAYO City of C ver City, Calif la ATTEST: APPROVED AS TO FORM: CHRISTOPHER ARMENTA, City Clerk AD6-00676 01_ A. SCHWAB, City Attorney I|1010101010101010 10 10|11 12 13 14 15 16 17 18 19 20-- 21 22 23 24 25 26 27 28 7. The City Council shall hold a public hearing on the 11th day of December 2006, at 7:00 p.m., or as soon thereafter as this matter may be heard, in the Council Chambers at 9770 Culver Boulevard, Culver City, California. 8. The City Clerk shall certify to the passage of this Resolution and cause the same to be published once in a daily newspaper of general circulation in the Culver City area, not less than seven days before the hearing. APPROVED and ADOPTED this 13th day of November 2006. -3- 2006-R085