Actions Related to the Downtown Business Improvement District 2025-2026 Budget Report, 2025-2026 Annual Assessments, and Setting a Public Hearing on the Levy of Assessment.
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This memorandum addresses actions related to the Downtown Business Improvement District (BID) for the 2025-2026 fiscal year, including the preliminary approval of the budget annual report, the intention to levy annual assessments, and the scheduling of a public hearing. The Downtown BID was established to promote economic revitalization and maintenance of the Downtown Business District. The memorandum outlines the budget proposal, assessment rates, and the process for public hearing and approval by the City Council.
Key points
The memorandum is addressed to the Mayor and City Council from Lee Wilcox.
It discusses the Downtown Business Improvement District's 2025-2026 budget and assessments.
The City Council is recommended to preliminarily approve the budget and set a public hearing for June 17, 2025.
The Downtown BID was established in 1988 to enhance the Downtown Business District.
The Advisory Board must present an annual report to the City Council regarding assessments and budget.
The proposed budget for the Downtown BID for FY 2025-2026 is approximately $3,368,804, with $600,000 from assessments.
The memorandum includes a detailed breakdown of assessment rates for different categories of businesses.
Limitations
The document includes placeholders and unfilled sections that may affect the completeness of the summary.
Specific details regarding the final approval process and outcomes are not provided.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 11,733 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL 6/3/25 25-573 2.13 FROM: Lee Wilcox SUBJECT: See Below DATE: May 12, 2025 Approved Date 5/20/25 COUNCIL DISTRICT: 3 SUBJECT: Actions Related to the Downtown Business Improvement District 2025-2026 Budget Annual Report, 2025-2026 Annual Assessments, and Setting a Public Hearing on the Levy of Assessment RECOMMENDATION (a) Preliminarily approve the 2025-2026 Budget Annual Report as filed by the Downtown Business Improvement District Advisory Board, or as modified by the City Council. (b) 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 results in a resolution of intention to levy the assessments for the upcoming fiscal year of the Downtown Business Improvement District (BID) and sets the time and date for the public hearing. BACKGROUND The Downtown BID was established by City Council in 1988 pursuant to the California Parking and Business Improvement Area Law (BID Law) to promote the economic revitalization...
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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 resolution declares the intent of the City Council of San José to levy assessments for the Downtown Business Improvement District for Fiscal Year 2025-2026. It outlines the proposed improvements and activities to be funded, confirms no changes to the district boundaries or assessment methods from the previous fiscal year, and sets a public hearing for June 17, 2025, to gather public input on the proposed assessments.
Key points
The resolution is for the Downtown Business Improvement District for Fiscal Year 2025-2026.
Proposed improvements include operating/administration, marketing, and various community events.
No changes to district boundaries or assessment methods from Fiscal Year 2024-2025.
Public hearing scheduled for June 17, 2025, at 1:30 p.m.
Written protests against the assessments can be submitted to the City Clerk.
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.
The resolution number and adoption date 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 · 6,422 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 DOWNTOWN BUSINESS IMPROVEMENT DISTRICT, AND SETTING THE DATE AND TIME FOR THE PUBLIC HEARING WHEREAS, the Council of the City of San José established the Downtown 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. 22960, dated October 20, 1988; and WHEREAS, the Council previously appointed the San Jose Downtown Association as the Advisory Board for the Business Improvement District, and the Advisory Board has 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 the proposed levy of assessments for each fiscal...