Public Hearing on the Monterey Corridor Business Improvement District and Levy of Assessments for Fiscal Year 2025-2026. NOT TO BE HEARD BEFORE 1:30 P.M.
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This memorandum discusses the public hearing on the Monterey Corridor Business Improvement District (BID) and the levy of assessments for Fiscal Year 2025-2026. It includes recommendations for conducting a public hearing and adopting a resolution to approve the budget report and levy assessments. The memorandum outlines the background of the Monterey Corridor BID, the required public hearing process, and the analysis of the proposed assessments. It also details the anticipated budget and expenditures for the upcoming fiscal year, coordination with various city departments, public outreach efforts, and compliance with legal requirements.
Key points
Public hearing scheduled for June 17, 2025, regarding the Monterey Corridor BID.
Recommendation to adopt a resolution approving the budget report for FY 2025-2026.
Monterey Corridor BID established in 2024 to promote economic revitalization.
Annual public hearing required under BID Law to approve budget and levy assessments.
Proposed assessments for FY 2025-2026 are the same as for FY 2024-2025.
Budget for FY 2025-2026 is $252,000, focusing on clean and safe initiatives and marketing.
Legal notice published as required by BID Law.
No commission recommendation or input associated with this action.
Limitations
The text contains unresolved placeholders and blank fields.
Specific details such as the exact date of the public hearing and the budget report are mentioned but not fully detailed.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 13,777 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/17/25 25-720 8.3 FROM: Lee Wilcox DATE: May 27, 2025 Date: 6/2/25 COUNCIL DISTRICT: 7 SUBJECT: Public Hearing on the Monterey Corridor Business Improvement District and Levy of Assessments for Fiscal Year 2025-2026 RECOMMENDATION Conduct a Public Hearing and adopt a resolution approving the Monterey Corridor Business Improvement District Budget Report for Fiscal Year 2025-2026 as filed or modified by City Council and levying the Monterey Corridor Business Improvement District assessments for Fiscal Year 2025-2026. SUMMARY AND OUTCOME Approval of this action will result in the levy of assessments for the upcoming fiscal year of the Monterey Corridor Business Improvement District (Monterey Corridor BID). BACKGROUND The Monterey Corridor BID 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 revitalization and physical maintenance of the Monterey business corridor as shown in Attachment A. In 2024, City Council appointed the Monterey Corridor Business Association as the Advisory Board for...
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The file was imported, but the current source metadata does not include a public document URL.
Generated summaryAI-assisted
The source text indicates this attachment appears to be a draft document.
This document is a draft resolution from the Council of the City of San José, approving the Monterey Corridor Business Improvement District Budget Report for Fiscal Year 2025-2026 and levying assessments for the same period. It outlines the establishment of the Business Improvement District, the intention to levy assessments, and the findings regarding protests against the assessments. The resolution includes provisions for the approval of the budget report and the authorization of assessments.
Key points
The resolution is related to the Monterey Corridor Business Improvement District.
It approves the budget report for Fiscal Year 2025-2026.
The resolution states that there were written and oral protests against the levy of assessments.
It finds that there is no majority protest against the assessments.
The resolution authorizes the levying of assessments for the specified fiscal year.
Limitations
The document contains unresolved placeholders for written and oral protests.
The adoption date and voting details are not filled in.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 3,133 chars
NVF:KMM:KMF 06/02/2025 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE APPROVING THE MONTEREY CORRIDOR BUSINESS IMPROVEMENT DISTRICT BUDGET REPORT FOR FISCAL YEAR 2025-2026, AS FILED OR MODIFIED BY THE CITY COUNCIL, AND LEVYING THE MONTEREY CORRIDOR BUSINESS IMPROVEMENT DISTRICT ASSESSMENTS FOR FISCAL YEAR 2025-2026 WHEREAS, the Council of the City of San José established the Monterey Corridor Business Improvement District (“BID”) pursuant to the California Parking and Business Improvement Area Law of 1989 (California Streets and Highways Code Section 36500 et seq.) (“BID Law”) by Ordinance No. 31159, dated December 10, 2024; and WHEREAS, under and pursuant to the BID Law, on June 3, 2025, the Council adopted Resolution No. RES2025-150, a resolution declaring the Council's intention to levy the assessments for Fiscal Year 2025-2026 in the BID; and WHEREAS, said Resolution No. RES2025-150 was duly published, as provided by the BID Law; and WHEREAS, as specified in Resolution No. RES2025-150, a public hearing concerning the levy of assessments for Fiscal Year 2025-2026 was held before the Council on June 17, 2025, at the meeting beginning at 1:30...