Actions Related to the Approval of the San José Hotel Business Improvement District Annual Report for Fiscal Year 2025-2026 and the Levy of Assessments.
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The memorandum discusses the approval of the San José Hotel Business Improvement District (BID) Annual Report for Fiscal Year 2025-2026 and the levy of assessments. It recommends adopting a resolution to approve the report and confirm the assessments for lodging businesses with 80 rooms or more in San José. The BID aims to fund marketing and sales promotion efforts to enhance tourism. The report outlines planned activities, including tradeshows, advertising, housing support, and event hosting. The City will collect assessments and retain an administration fee. The memorandum also includes a cost summary and coordination details.
Key points
The San José Hotel BID Annual Report covers planned activities for Fiscal Year 2025-2026.
The BID supports lodging businesses with 80 rooms or more in San José.
The City Council's approval will allow continued assessment of these businesses to fund tourism marketing.
Activities include tradeshows, advertising, housing support, and event hosting.
The City will collect assessments and retain a fee for administration.
Limitations
The text contains unresolved placeholders and truncated sections that affect the completeness of the summary.
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Extracted text preview · 20,328 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL 6/3/25 25-569 2.9 FROM: Lee Wilcox SUBJECT: See Below DATE: May 12, 2025 Approved Date: 5/23/2025 COUNCIL DISTRICT: Citywide SUBJECT: Actions Related to the Approval of San José Hotel Business Improvement District Annual Report for Fiscal Year 2025-2026 and Levy of Assessments RECOMMENDATION Adopt a resolution approving the San José Hotel Business Improvement District Annual Report prepared by San José Hotels, Inc. for Fiscal Year 2025-2026 as filed or modified by the City Council and confirming and levying the individual assessments as filed or modified by the City Council. SUMMARY AND OUTCOME The San José Hotel Business Improvement District (BID) Annual Report (Annual Report) (Attachment) describes the planned activities for the district in the Fiscal Year 2025-2026 and explains how assessments are calculated. City staff reviewed the report and accompanying budget details to ensure the San José Hotel BID services and funds are being managed in compliance with the Management District Plan. City Council approval of the Annual Report would result in the continued assessment of lodging businesses with 80 rooms or...
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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 resolution from the City Council of San Jose approving the San Jose Hotel Business Improvement District Annual Report for Fiscal Year 2025-2026 and confirming the assessments proposed by San Jose Hotels, Inc. The resolution outlines the history and establishment of the Hotel Business Improvement District, the renewal of the district, and the budgeted revenue for the fiscal year.
Key points
The resolution approves the San Jose Hotel Business Improvement District Annual Report for Fiscal Year 2025-2026.
The resolution confirms the assessments proposed by San Jose Hotels, Inc.
The Hotel Business Improvement District was established in 2006 and renewed for a ten-year term beginning July 1, 2023.
The annual assessment rate is fixed per paid occupied room per night, with specific limits on increases.
The total budgeted revenue for Fiscal Year 2025-2026 is approximately $3,102,012.
Limitations
The document appears to be a draft as indicated by the repeated mention of 'DRAFT' and instructions to contact the City Clerk for the final document.
There are unresolved placeholders for the adoption date and voting results.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 3,897 chars
NVF:KMM:KMF 05/16/2025 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE (1) APPROVING THE SAN JOSE HOTEL BUSINESS IMPROVEMENT DISTRICT ANNUAL REPORT PREPARED BY SAN JOSE HOTELS, INC. FOR FISCAL YEAR 2025-2026 AS FILED OR MODIFIED BY COUNCIL; AND (2) CONFIRMING THE SAN JOSE HOTEL BUSINESS IMPROVEMENT DISTRICT ASSESSMENTS AS PROPOSED BY SAN JOSE HOTELS, INC., OR AS MODIFIED BY COUNCIL WHEREAS, in 2006, the Hotel Business Improvement District (“HBID”) was approved by property owners and adopted by the City Council of the City of San José (“City”) pursuant to Streets and Highways Code Section 36500 et seq, commonly referred to as the Property and Business Improvement Area Law of 1989 (“’89 Law”) to provide revenues for marketing efforts and event opportunities for hotels located in San José; and WHEREAS, the ’89 Law required the HBID to be renewed annually, and, in an effort to implement long-range and larger-scale marketing and visitor attraction programs, on April 24, 2018, the City Council adopted Resolution No. 78561 establishing a new San José Hotel Business Improvement District (“SJHBID”) pursuant to Streets and Highways Code Section 36600 et....