Actions Related to the Tully Road Eastridge Business Improvement District 2025-2026 Budget Report, 2025-2026 Annual Assessments, and Setting a Public Hearing on the Levy of Assessments.
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This memorandum outlines actions related to the Tully Road Eastridge Business Improvement District (BID) for the 2025-2026 fiscal year, including the preliminary approval of the budget report, the intention to levy annual assessments, and the scheduling of a public hearing. The Tully Road Eastridge BID was established to promote economic revitalization in the area. The budget report proposes a total assessment of $108,000 for the fiscal year, with specific allocations for various expenses. The memorandum includes details on the advisory board's recommendations and the necessary steps for City Council approval.
Key points
The memorandum is addressed to the Mayor and City Council regarding the Tully Road Eastridge BID.
It recommends preliminary approval of the 2025-2026 Budget Report and the adoption of a resolution to levy annual assessments.
A public hearing is scheduled for June 17, 2025, at 1:30 p.m.
The Tully Road Eastridge BID was established in 2024 to enhance the business corridor.
The proposed budget for the BID is $108,000, with specific allocations for various expenses.
The Advisory Board will present a new budget report for Fiscal Year 2026-2027 next year.
Limitations
The document contains unresolved placeholders such as the date in the 'DATE' field.
The text indicates that the budget report is subject to City Council approval, which may affect the final outcomes.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 8,207 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL 6/3/25 25-572 2.12 FROM: Lee Wilcox SUBJECT: See Below DATE: Approved Date: May 12, 2025 5/20/25 COUNCIL DISTRICT: 7, 8 SUBJECT: Actions Related to the Tully Road Eastridge Business Improvement District 2025-2026 Budget Report, 2025-2026 Annual Assessments, and Setting a Public Hearing on the Levy of Assessments RECOMMENDATION (a) (b) Preliminarily approve the 2025-2026 Budget Report as filed by the Tully Road Eastridge Business Improvement District Advisory Board, or as modified by City Council. Adopt a resolution of intention to levy the annual assessment for Fiscal Year 2025-2026, and set Tuesday, June 17, 2025, at 1:30 p.m., as the date and time for the public hearing on the levy of the proposed assessments. SUMMARY AND OUTCOME Approval of this action will result in a resolution of intention to levy assessments for the upcoming fiscal year of the Tully Road Eastridge Business Improvement District (BID) and set the time and date for the public hearing. 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...
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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 declaring its intent to levy assessments for the Tully Road Eastridge Business Improvement District for the fiscal year 2025-2026. It outlines the proposed improvements and activities funded by the assessments, the public hearing date for the proposed levy, and the process for protests against the assessments. The resolution appears to be a draft.
Key points
The resolution declares the intent to levy assessments in the Tully Road Eastridge Business Improvement District for Fiscal Year 2025-2026.
Proposed improvements include clean and safe services, business license, administrative staff, Moveable Feast, and board meeting/reserves.
No changes are proposed to the boundaries or assessment methods from the previous fiscal year.
A public hearing is scheduled for June 17, 2025, at 1:30 p.m. to discuss the proposed assessments.
Written protests against the assessments can be submitted to the City Clerk before the public hearing.
Limitations
The document contains unresolved placeholders for the resolution number and adoption date.
The document does not specify the actual vote results or the names of council members voting.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 5,993 chars
NVF:KMM:KMF 05/16/2025 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE DECLARING ITS INTENT TO LEVY ASSESSMENTS FOR FISCAL YEAR 2025-2026 IN THE TULLY ROAD EASTRIDGE BUSINESS IMPROVEMENT DISTRICT, AND SETTING THE DATE AND TIME FOR THE PUBLIC HEARING WHEREAS, the Council of the City of San José established the Tully Road Eastridge Business Improvement District (“Business Improvement District” or “BID”) pursuant to the California Parking and Business Improvement Area Law (California Streets and Highways Code Section 36500 et seq.) (“Parking and Business Improvement Area Law of 1989”) by Ordinance No. 31144, dated November 5, 2024; and WHEREAS, the Council previously appointed the Tully Rd.-Eastridge Business Association as the Advisory Board for the Business Improvement District, and the Advisory Board has prepared and submitted a proposed Budget Report for Fiscal Year 2025-2026 (“Report”) to advise the Council on the levy of assessments in the BID and the expenditure of revenues derived from the assessments for the benefit of the BID; and WHEREAS, pursuant to the Parking and Business Improvement Area Law of 1989, a Public Hearing must be held on...