Actions Related to the Monterey Corridor Business Improvement District 2026-2027 Budget Report, 2026-2027 Annual Assessments, and Setting a Public Hearing on the Levy of Assessments.
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This memorandum outlines actions related to the Monterey Corridor Business Improvement District (MCBID) for the fiscal year 2026-2027, including a budget report, annual assessments, and a public hearing on the levy of assessments. It recommends the preliminary approval of the budget report, the adoption of a resolution of intention to levy assessments, and sets a public hearing date for June 2, 2026. The MCBID was established to promote economic revitalization along the Monterey Road corridor, and the proposed budget totals $252,000, with assessments remaining at $250 per business tax license. The memorandum includes details on the budget allocation across various service categories and outlines the coordination with city departments and public outreach efforts.
Key points
The memorandum is addressed to the Mayor and City Council regarding the MCBID.
It recommends the preliminary approval of the 2026-2027 Budget Report.
A public hearing is set for June 2, 2026, regarding the levy of assessments.
The MCBID was established in 2024 to enhance the Monterey Road business corridor.
The proposed budget for FY 2026-2027 is $252,000, with assessments at $250 per business tax license.
The budget is allocated to three main categories: Clean and Safe, Growth and Engagement, and Governance and Administration.
The memorandum has been coordinated with various city departments and will be posted on the City’s Council Agenda website.
Limitations
The document contains placeholders for some sections that are not filled in.
Specific details regarding the outcomes of the public hearing or future actions are not provided.
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COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 5/19/26 26-577 2.11 FROM: Jen Baker DATE: April 27, 2026 Date: 5/5/26 COUNCIL DISTRICT: 7 SUBJECT: Actions Related to the Monterey Corridor Business Improvement District 2026-2027 Budget Report, 2026-2027 Annual Assessments, and Setting a Public Hearing on the Levy of Assessments RECOMMENDATION (a) Preliminarily approve the 2026-2027 Budget Report as filed by the Monterey Corridor Business Improvement District Advisory Board, or as modified by City Council. (b) Adopt a resolution of intention to levy the annual assessment for Fiscal Year 2026-2027, and set Tuesday, June 2, 2026, at 1:30 p.m. as the date and time for the public hearing on the levy of the proposed assessments. SUMMARY AND OUTCOME Approval of this action will result in a resolution of intention to levy assessments for the upcoming fiscal year of the Monterey Corridor Business Improvement District (MCBID) and set the time and date for the public hearing. BACKGROUND The MCBID was established by City Council in 2024 pursuant to the California Parking and Business Improvement Area Law of 1989 (BID Law) to promote the economic...
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The source text indicates this attachment appears to be a draft document.
This resolution declares the intent of the San Jose City Council to levy assessments for the Monterey Corridor Business Improvement District for the fiscal year 2026-2027. It outlines the proposed improvements and activities to be funded, the absence of changes to the boundaries or assessment methods, and sets a public hearing date for June 2, 2026, to gather public testimony regarding the assessments. The resolution also details the process for filing protests against the assessments.
Key points
The resolution is for the Monterey Corridor Business Improvement District for fiscal year 2026-2027.
Proposed improvements include clean and safe services, marketing, branding, administration, and reserves.
No changes to the boundaries or assessment methods from the previous fiscal year.
Public hearing scheduled for June 2, 2026, at 1:30 p.m.
Written protests can be submitted to the City Clerk before the public hearing.
Limitations
The resolution appears to be a draft, as indicated by the repeated mention of 'DRAFT' and instructions to contact the City Clerk for the final document.
Unresolved placeholders for the resolution number and adoption date.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 6,150 chars
SAW:KMM:KMF 04/21/2026 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE DECLARING ITS INTENT TO LEVY ASSESSMENTS FOR FISCAL YEAR 2026-2027 IN THE MONTEREY CORRIDOR BUSINESS IMPROVEMENT DISTRICT, AND SETTING THE DATE AND TIME FOR THE PUBLIC HEARING WHEREAS, the Council of the City of San José established the Monterey Corridor Business Improvement District (“Business Improvement District” or “BID”) pursuant to the California Parking and Business Improvement Area Law (California Streets and Highways Code Section 36500 et seq.) (“Parking and Business Improvement Area Law of 1989”) by Ordinance No. 31159, dated December 10, 2024; and WHEREAS, on June 3, 2025, the City Council approved Ordinance No. 31206, amending Ordinance No. 31159 to correct the address numbers listed for Curtner Avenue within the BID boundaries; and WHEREAS, the Council previously appointed the Monterey Corridor Business Association (MCBA) as the Advisory Board for the Business Improvement District, and the Advisory Board has prepared and submitted a proposed Budget Report for Fiscal Year 2026-2027 (“Report”) to advise the Council on the levy of assessments in the BID and the...