Title
Recommendation to Approve the Webster Street Business Improvement Area Annual Assessment Report; and
Adoption of Resolution of Intention to Levy an Annual Assessment on the Webster Street Business Improvement Area for Fiscal Year 2024-25; and Set a Public Hearing for May 7, 2024 to Levy an Annual Assessment on the Webster Street Business Improvement Area.
This action involves government fiscal activities which do not involve any commitment to any project which may result in a potentially significant physical impact on the environment and is therefore exempt from further environmental review under the California Environmental Quality Act (CEQA). (Base Reuse and Economic Development 10061810)
Body
To: Honorable Mayor and Members of the City Council
From: Jennifer Ott, City Manager
EXECUTIVE SUMMARY
The Webster Street Business Improvement Area (BIA)-which is managed by the West Alameda Business Association (WABA)-is funded from an assessment collected by the City of Alameda (City) from all businesses within that business district. Every year, WABA presents a report to the City Council on the activities and expenditures that have occurred during the past fiscal year. The annual report also provides recommendations on the proposed expenditure of BIA revenues for the next fiscal year.
Per the Alameda Municipal Code (AMC), each year the BIA assessment has an automatic Consumer Price Index (CPI) increase based on the San Francisco Area CPI. This year's CPI of 2.6 percent would raise the minimum retail business annual fee by $9.00, to a total of $361.00.
Staff is requesting that the City Council adopt a resolution setting a public hearing on May 7, 2024 to levy the annual BIA assessment for Fiscal Year (FY) 2024-25.
BACKGROUND
In 1989, following the Parking and Business Improvement Area Law of 1979 in the California Streets and Highways Code, the City Council established regulations for Business Improvement Areas (BIAs) in the Park Street and Webster St...
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