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This memorandum discusses the public hearing for the Tully Road Eastridge Business Improvement District (TREBID) and its assessments for Fiscal Year 2026-2027. It includes recommendations for conducting a public hearing, adopting a resolution for the TREBID Budget Report, and levying assessments. The TREBID was established in 2024 to promote economic revitalization in the area. The City Council preliminarily approved the budget report on May 19, 2026, and set the public hearing for June 2, 2026. The memorandum outlines the required legal processes, potential protests, and fiscal impacts, including projected assessment revenue of $160,000. It also mentions coordination with various city departments and public outreach efforts.
Key points
Public hearing scheduled for June 2, 2026, regarding TREBID assessments for FY 2026-2027.
TREBID established in 2024 to enhance the Tully Road Eastridge business corridor.
City Council preliminarily approved the TREBID Budget Report on May 19, 2026.
Projected assessment revenue for FY 2026-2027 is $160,000.
Annual public hearing required under BID Law to approve budget and levy assessments.
Limitations
The document contains placeholders and unresolved sections, such as specific dates and outcomes.
The fiscal impacts section includes a projected revenue figure but lacks details on how it will be allocated beyond general categories.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 11,514 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/2/26 26-661 8.2 FROM: Jen Baker DATE: May 11, 2026 Date: 5/19/26 COUNCIL DISTRICTS: 7, 8 SUBJECT: Public Hearing on the Tully Road Eastridge Business Improvement District and Assessments for Fiscal Year 2026-2027 RECOMMENDATION Conduct a public hearing and adopt a resolution approving the Tully Road Eastridge Business Improvement District Budget Report for Fiscal Year 2026-2027 as filed or modified by City Council and levying the Tully Road Eastridge Business Improvement District assessments for Fiscal Year 2026-2027. 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 (TREBID). BACKGROUND The TREBID 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 corridor. City Council appointed the Tully Road and Eastridge Business Association (TREBA) as the Advisory Board for the TREBID, to advise City...
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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 (BID) budget report for fiscal year 2026-2027 and levying assessments for that period. It references prior resolutions and public hearings related to the BID and indicates findings regarding protests against the assessments.
Key points
The resolution is related to the Tully Road Eastridge Business Improvement District.
It approves the budget report for fiscal year 2026-2027.
The resolution states that there were written and oral protests against the assessments.
The Council finds no majority protest against the assessments.
The resolution authorizes the levying of assessments for the BID.
Limitations
The document contains placeholders for written and oral protests that are not filled in.
The adoption date and vote details are not provided.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 3,139 chars
SAW:KMM:KMF 05/14/2026 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 2026-2027, AS FILED OR MODIFIED BY THE CITY COUNCIL, AND LEVYING THE TULLY ROAD EASTRIDGE BUSINESS IMPROVEMENT DISTRICT ASSESSMENTS FOR FISCAL YEAR 2026-2027 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 May 19, 2026, the Council adopted Resolution No. RES2026-126, declaring the Council's intention to levy the assessments for Fiscal Year 2026-2027 in the BID; and WHEREAS, said Resolution No. RES2026-126 was duly published, as provided by the BID Law; and WHEREAS, as specified in Resolution No. RES2026-126, a public hearing concerning the levy of assessments for Fiscal Year 2026-2027 was held before the Council on June 2, 2026, at the meeting beginning at 1:30 p.m....