Approval of the Downtown Culver City Business Improvement District Advisory Committee s Annual Work Program and Budget; and Adoption of a Resolution of Intention to Conduct a Public Hearing on December 10 2007 to Consider the Continuation of the Downtown Business Improvement District. City of Culver City California City Council Agenda Item Report Meeting Date: 11/14/07 AGENDA ITEM: Approval of the Downtown Culver City Business Improvement District Advisory Committee s Annual Work Program and Budget; and Adoption of a Resolution of Intention to Conduct a Public Hearing on December 10 2007 to Consider the Continuation of the Downtown Business Improvement District. Contact Person/Dept.: Glenn Heald Phone Number: (310) 253 5752 Item Number: A 1 Fiscal Impact: Yes No X General Fund: Yes No Action Item: X 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 (11/02/07); published in the Culver City News (10/25/07 & 11/01/07); Master Notification List (11/07/07). Department Approval: Sol Blumenfeld (10/31/07) Fiscal Impact Review: Marlee Chang (11/07/07) City Attorney Approval: Carol Schwab (by H. Iker) (11/06/07) City Manager Approval: Jerry B. Fulwood (11/08/07) Attachments: X RECOMMENDATION: Staff recommends the City Council approve the Downtown Culver City Business Improvement District (the BID ) Advisory Committee s annual Work Program and Budget for 2008 (the Report ) and adopt a Resolution of Intention to conduct a public hearing on December 10 2007 for the continuation of the Culver City Downtown BID. 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 or maintenance of specific improvements. The BID allows Downtown businesses to be more self reliant which reduces their dependency on the City of Culver...
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