(1) Approval of the Downtown Culver City Business Improvement District Advisory Committee s Annual Work Program and Budget and (2) Adoption of a Resolution of Intention to Conduct a Public Hearing for Continuation of the Downtown Business Improvement District. City of Culver City California Agenda Item Report Meeting Date: 11/01/10 CITY COUNCIL AGENDA ITEM: (1) Approval of the Downtown Culver City Business Improvement District Advisory Committee s Annual Work Program and Budget and (2) Adoption of a Resolution of Intention to Conduct a Public Hearing for Continuation of the Downtown Business Improvement District. Contact Person/Dept.: Glenn Heald Todd Tipton/Community Development Fiscal Impact: Yes No X Phone Number: (310) 253 5752 and (310) 253 5783 General Fund: Yes No X Item Number: A 1 Public Hearing: Action Item: X Attachments: X Commission Action Required: Yes No X Date: _______________ Public Notification: (E Mail and Telephone) Downtown Business Association (09/05/10); (E Mail) Meetings and Agendas City Council (10/27/10). Department Approval: Sol Blumenfeld (10/25/10) Chief Financial Officer Approval: Jeff Muir (by M. Noller) (10/27/10) City Attorney Approval: Carol Schwab (by H. Baker) (10/27/10) City Manager Approval: John M. Nachbar (10/27/10) RECOMMENDATION: Staff recommends the City Council approve the Downtown Culver City Business Improvement District (BID) Advisory Committee s annual Work Program and Budget for 2011 (Report) and adopt a Resolution of Intention to conduct a public hearing on November 22 2010 to consider the continuation of the Culver City Downtown BID (Attachment No. 1). BACKGROUND: A BID provides a mechanism for businesses to levy assessments on themselves for among other things the maintenance of public spaces and the acquisition construction installation and maintenance of specific improvements. The BID allows downtown businesses to be more self reliant reducing their dependence on the City and Redevelopment Agency. Culver City s D...
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