Consideration of the Downtown Culver City Business Improvement District Advisory Committee's Annual Work Program and Budget. Action Item: X Attachments: X Item Number: A 2 City of Culver City California City Council Agenda Item Report CAO Approval: Jerry Fulwood 11/9/05 Phone Number: (310) 253 5778 General Fund: Yes No Meeting Date: 11/14/05 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.: Alicia Weintraub Fiscal Impact: Yes No X Public Hearing: Public Notification: Businesses located in the Downtown Business Improvement District were mailed notice of tonight s meeting and a copy of the annual Work Program and Budget on October 18 2005; a notice was published in the Culver City News on October 29th November 4th and November 11th and the Master Notification List received notice on November 10 2005. Department Approval: Susan Evans 10/24/05 City Controller Approval: N/A RECOMMENDATION: That the Culver City City Council (the Council ) approve the Downtown Culver City Business Improvement District ( BID ) Advisory Committee s annual Work Program and Budget for 2006 (the Report ) and adopt a Resolution of Intention to conduct a Public Hearing on December 12 2005 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 C...
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