Title
Resolution Accepting the Annual Report of the West San Leandro Shuttle Business Improvement District (BID) Fiscal Year 2016-17 and Directing the City Manager to Impose the BID Assessment Rates Increased by the Consumer Price Index (CPI)
Body
WHEREAS, by Ordinance No. 2014-023, adopted December 1, 2014, the City Council of the City of San Leandro established a Business Improvement Area known as the West San Leandro Shuttle Business Improvement District (the "BID") to levy a benefit assessment on businesses within the BID, the proceeds of which must be used for the public purposes therein described to benefit the businesses in the BID, pursuant to the Parking and Business Improvement Area Law of 1989, Section 36500 et seq. of Division 18 of the California Streets and Highways Code (the "Act"); and
WHEREAS, as required by the Act, the City Council established an Advisory Board to prepare and submit an annual report on assessments levied and collected to pay the costs of the improvements and activities of the BID; and
WHEREAS, the Advisory Board met and reviewed the activities of the BID and the proposed assessment for Fiscal Year 2016-17; and
WHEREAS, the Advisory Board caused the preparation of the Annual Report of the West San Leandro Shuttle Business Improvement District Fiscal Year 2016-17, a copy of which is attached, and hereby presents same to the City Council; and
WHEREAS, the City Council is familiar with the contents thereof; and
WHEREAS, the City Manager recommends acceptance of said Annual Report that includes a recommendation to increase the BID fee rate equal to the Consumer Price Index (CPI), which is equivalent to three percent (3%).
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
That said Annual Report is hereby accepted and the City Manager is hereby directed to impose the BID Assessment with an increase to the BID per owner/employee assessment rate by ...
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