Title
Staff Report for Resolution Approving a Management and Disbursement Agreement by and between the City of San Leandro and the San Leandro Improvement Association
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends that the City Council adopt the resolution approving a Management and Disbursement Agreement with the San Leandro Improvement Association, codifying procedures for distribution of funds and reporting requirements related to the Downtown San Leandro Community Benefit District.
BACKGROUND
On July 15, 2013, after the completion of a successful balloting process, the City Council adopted Resolution No. 2013-102, approving the creation of the Downtown San Leandro Community Benefit District (District") pursuant to Title 2, Chapter 2-20 of the San Leandro Municipal Code. The District will generate ongoing funding for support of Downtown San Leandro through the creation of an annual assessment on property owners within the District. The City subsequently submitted the necessary documentation to the Alameda County Assessor's Office to ensure that the assessments appear on the 2012-13 tax bills for properties within the District.
Since the formal adoption of the District, the property owners have formed an interim executive board to begin the work of forming a management corporation to manage the funds and implement the work of the District as outlined in its Management Plan. The interim board has hired New City America as a consultant to assist with the formation process. New City America's services include filing formal incorporation documents, developing bylaws, preparing solicitations for initial service providers and an executive director, and assistance developing a Management and Disbursement Agreement with the City.
After incorporation, the formal name of the District's management corporation will be the San Leandro Improvement Association (SLIA). Informally, this entity will also be known as the Downtown San Leandro Commu...
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