title
CC: - CONSENT ITEM (1) Approval of the Downtown Culver City Business Improvement District Advisory Board's Annual Work Program and Budget; and (2) Adoption of a Resolution of Intention to Levy the Downtown Culver City Business Improvement District Assessment for 2023 and Set a Public Hearing for November 14, 2022.
body
Meeting Date: October 24, 2022
Contact Person/Dept: Todd Tipton / Office of Economic and Cultural Development
Phone Number: (310) 253-5783
Fiscal Impact: Yes [X] No [] General Fund: Yes [] No [X]
Attachments: Yes [X] No []
Commission Action Required: Yes [] No [X]
Public Notification: (E-Mail) Meetings and Agendas - City Council (10/19/2022); Mailing to all BID member businesses (10/13/2022)
Department Approval: Jesse Mays, Assistant City Manager (09/22/2022)
_____________________________________________________________________
RECOMMENDATION
Staff recommends the City Council (1) approve the Downtown Culver City Business Improvement District ("DCCBID") Advisory Board's annual Work Program and Budget for 2023 (Report) (Attachment 1); and (2) adopt a Resolution of Intention declaring the City Council's intent to levy the Downtown Culver City Business Improvement District Assessment for 2023 and set the related public hearing for November 14, 2022.
BACKGROUND
A Business Improvement District (BID) provides a mechanism for businesses to levy assessments on themselves for, among other things, the maintenance and improvement of public areas and promotion of the business district, reducing their dependence on the City for services. The DCCBID Work Program is managed by the Downtown Business Association ("DBA") in accordance with the Management Agreement between the City and the DBA. The current Management Agreement expires December 31, 2022 and will be renewed as part of the November 14 public hearing item.
The DCCBID was formed in September 1998 through the adoption of Ordinance No. 98-011 (supers...
Click here for full text