Public Hearing on the Tully Road Eastridge 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 Tully Road Eastridge Business Improvement District (BID) and the levy of assessments for Fiscal Year 2025-2026. It recommends conducting a Public Hearing and adopting a resolution to approve the BID Budget Report and levy assessments. The Tully Road Eastridge BID was established in 2024 to promote economic revitalization in the area. The City Council has preliminarily approved the budget and set a Public Hearing date for June 17, 2025. The memorandum outlines the process for protests against the BID and details the proposed budget and assessments for the upcoming fiscal year.
Key points
The memorandum is addressed to the Mayor and City Council regarding the Tully Road Eastridge BID.
It recommends conducting a Public Hearing and adopting a resolution for the Fiscal Year 2025-2026 assessments.
The Tully Road Eastridge BID was established in 2024 to enhance the business district.
A Public Hearing is scheduled for June 17, 2025, to discuss the proposed assessments.
The proposed assessments for Fiscal Year 2025-2026 are the same as those for Fiscal Year 2024-2025.
The total projected revenue from assessments is estimated at $108,000 for Fiscal Year 2025-2026.
The memorandum includes attachments such as the TREBID Boundary Map, Budget Report, and TREBA Board Minutes.
Limitations
The text indicates a Public Hearing date of June 17, 2025, but does not provide details on the outcomes of the hearing.
There are unresolved placeholders in the document, such as the specific date for the 'Date:' field.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 8,393 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/17/25 25-721 8.4 FROM: Lee Wilcox DATE: May 27, 2025 Date: 5/30/25 COUNCIL DISTRICT: 7,8 SUBJECT: Public Hearing on the Tully Road Eastridge Business Improvement District and Levy of Assessments for Fiscal Year 2025-2026 RECOMMENDATION Conduct a Public Hearing and adopt a resolution approving the Tully Road Eastridge Business Improvement District Budget Report for Fiscal Year 2025-2026 as filed or modified by City Council and levying the Tully Road Eastridge 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 Tully Road Eastridge Business Improvement District (Tully Road Eastridge BID). BACKGROUND The Tully Road Eastridge 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 Tully Road - Eastridge Business District service area as shown in Attachment A – TREBID Boundary Map. City Council appointed the Tully...
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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 Tully Road Eastridge Business Improvement District budget report for fiscal year 2025-2026 and levying assessments for that period. It references prior resolutions and public hearings regarding the assessments. The resolution states that there were no majority protests against the assessments and that the businesses in the district will benefit from the funds raised.
Key points
The resolution approves the Tully Road Eastridge Business Improvement District budget report for fiscal year 2025-2026.
It references the establishment of the BID under California law and prior resolutions related to the assessments.
A public hearing was held on June 17, 2025, regarding the assessments.
The resolution indicates there were no majority protests against the assessments.
Limitations
The document contains unresolved placeholders for written and oral protests.
The adoption date and voting results 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 · 3,141 chars
NVF:KMM:KMF 06/02/2025 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE APPROVING THE TULLY ROAD EASTRIDGE BUSINESS IMPROVEMENT DISTRICT BUDGET REPORT FOR FISCAL YEAR 2025-2026, AS FILED OR MODIFIED BY THE CITY COUNCIL, AND LEVYING THE TULLY ROAD EASTRIDGE BUSINESS IMPROVEMENT DISTRICT ASSESSMENTS FOR FISCAL YEAR 2025-2026 WHEREAS, the Council of the City of San José established the Tully Road Eastridge 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. 31144, dated November 5, 2024; and WHEREAS, under and pursuant to the BID Law, on June 3, 2025, the Council adopted Resolution No. RES2025-151, a resolution declaring the Council's intention to levy the assessments for Fiscal Year 2025-2026 in the BID; and WHEREAS, said Resolution No. RES2025-151 was duly published, as provided by the BID Law; and WHEREAS, as specified in Resolution No. RES2025-151, 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...