Consideration of the Downtown Culver City Business Improvement District Advisory Committee's Annual Work Program and Budget. City of Culver City California City Council Agenda Item Report Meeting Date: 11/13/06 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 Item Number: A 3 Action Item: X Attachments: X No X General Fund: Yes No Fiscal Impact: Yes Public Hearing: 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 (11/02/06 & 11/09/06); Master Notification List (11/09/06). Department Approval: Susan Evans (11/01/2006) City Controller Approval: Marlee Chang (11/07/2006) City Manager Approval: Jerry B. Fulwood (11/08/2006) RECOMMENDATION: Staff recommends the City Council (the Council ) approve the Downtown Culver City Business Improvement District ( BID ) Advisory Committee s annual Work Program and Budget for 2007 (the Report ) and adopt a Resolution of Intention to conduct a public hearing on December 11 2006 for the continuation of the Culver City Downtown BID. BACKGROUND: A 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 or maintenance of specific improvements. The BID allows Downtown businesses to be more self reliant which reduces their dependency on the City of Culver City (the City ) and Culver City Redevelopment Agency (the Agency ). The BID Work Program is managed by the Downtown Business Association (the DBA ) in accordance with a Management Agreement between the DBA and the City. The Management Agreement requires the DBA ...
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