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The file was imported, but the current source metadata does not include a public document URL.
Generated summaryAI-assisted
This memorandum outlines actions related to the Alameda Community Benefit Improvement District (CBID) budget and assessments for Fiscal Year 2026-2027. It recommends adopting a resolution to approve the budget and confirm the assessments, allowing the Director of Public Works to deliver the assessment roll to the County of Santa Clara for collection. The CBID was formed in June 2025, and for FY 2026-2027, the property owners’ association is not required to submit an annual budget report. The memorandum includes details on the approved budget, assessment rates, and fiscal impacts.
Key points
The Alameda CBID was established in June 2025.
The memorandum recommends adopting a resolution for the FY 2026-2027 budget and assessments.
The budget for FY 2026-2027 will utilize the same rates as FY 2025-2026.
The total maximum aggregate assessment for FY 2026-2027 is estimated at $320,403.
The City’s assessment is calculated to be about $8,450.
No board, commission, or committee recommendations are associated with this action.
Limitations
The assessment rates table contains unresolved placeholders for some parcel types.
The document does not specify the exact date for the City Council meeting.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 8,170 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/2/26 26-647 2.15 FROM: Matt Loesch DATE: May 11, 2026 Date: 5/18/26 COUNCIL DISTRICT: 6 SUBJECT: Actions Related to The Alameda Community Benefit Improvement District Budget and Assessments for Fiscal Year 2026-2027 RECOMMENDATION Adopt a resolution: (a) Approving The Alameda Community Benefit Improvement District for Fiscal Year 2026-2027 budget; and to confirm and levy the individual assessments; and (b) Directing the Director of Public Works or his designee to deliver the assessment roll to the County of Santa Clara for collection with the property taxes. SUMMARY AND OUTCOME The Alameda Community Benefit Improvement District (CBID) was formed in June 2025. For Fiscal Year (FY) 2026-2027, the CBID’s property owners’ association is not required to submit an annual budget report per state code because the district is currently in its first year of providing services. City staff recommend utilizing the approved budget and approved assessment rate established last fiscal year when the CBID was formed. City Council’s approval of utilizing the same budget and assessments as FY 2025-2026...
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Generated summaryAI-assisted
The source text indicates this attachment appears to be a draft document.
This document is a draft resolution from the City Council of San Jose approving the budget for the Alameda Community Benefit Improvement District for the fiscal year 2026-2027. It confirms individual assessments, including an assessment on city-owned property, and directs the Director of Public Works to deliver the assessment roll to the County of Santa Clara for collection with property taxes.
Key points
The resolution approves the Alameda Community Benefit Improvement District budget for fiscal year 2026-2027.
The total maximum assessment levy for FY 2026-2027 is approximately $320,405.
The assessment on city-owned property is approximately $8,450.
There will be no increases in assessments for FY 2026-2027.
The Director of Public Works is authorized to deliver the assessment roll to the County of Santa Clara.
Limitations
The document is marked as a draft.
The specific date for adoption is not filled in.
Vote details (AYES, NOES, ABSENT, DISQUALIFIED) are not provided.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 3,326 chars
SAW:VXC:JMD 5/21/2026 RESOLUTION NO. A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE (1) APPROVING THE ALAMEDA COMMUNITY BENEFIT IMPROVEMENT DISTRICT BUDGET FOR FISCAL YEAR 2026-2027, AND TO CONFIRM AND LEVY THE INDIVIDUAL ASSESSMENTS, INCLUDING THE ASSESSMENT ON CITY OWNED PROPERTY OF APPROXIMATELY $8,450, DIRECTING THAT THE CITY ASSESSMENT PAYMENT BE MADE; AND (2) DIRECTING THE DIRECTOR OF PUBLIC WORKS TO DELIVER THE ASSESSMENT ROLL TO THE COUNTY OF SANTA CLARA FOR COLLECTION WITH THE PROPERTY TAXES WHEREAS, The Alameda Community Benefit Improvement District (“The Alameda CBID”) was approved by property owners and adopted by the Council of the City of San José (“City Council”) on June 17, 2025, for a fifteen-year period beginning January 1, 2026, and ending December 31, 2040, to raise funds for enhanced services and improvements for The Alameda area; and WHEREAS, pursuant to the Chapter 14.31 of Title 14 of the Municipal Code of the City which incorporates and modifies the California Streets and Highways Code “Property and Business Improvement District Law of 1994”, and the agreement between the City of San José (“City”) and The Alameda Business Association, the property...