Title
Recommendation to Approve the Park Street Business Improvement Area (BIA) Annual Assessment Report; Adoption of Resolution of Intention to Levy an Annual Assessment on the Park Street BIA of the City of Alameda for Fiscal Year 2014-15; and Set a Public Hearing on May 6, 2014 to Levy an Annual Assessment on the Park Street BIA. (Community Development 481001)
Body
To: Honorable Mayor and Members of the City Council
From: John A. Russo, City Manager
Re: Approve the Park Street Business Improvement Area (BIA) Annual Assessment Report; Adopt a Resolution of Intention to Levy an Annual Assessment on the Park Street BIA of the City of Alameda for FY 2014-15; Set a Public Hearing for May 6, 2014 to Levy an Annual Assessment on the Park Street BIA
BACKGROUND
In 1989, following the Parking and Business Improvement Area Law in the California Streets and Highways Code, the City Council established regulations for Business Improvement Areas (BIA) in the Park Street and Webster Street commercial areas. The City's regulations are codified in the Alameda Municipal Code (AMC), Section 6-7. Revenues from the BIA directly benefit business owners in specified geographic zones through the general promotion of business activities and public events, beautification and ambiance, construction and maintenance of parking facilities, and special projects benefitting that business area. This staff report is for the Park Street BIA, which is managed by the Park Street Business Association (PSBA).
State law and the AMC require the City Council to work in collaboration with a BIA advisory board. The board prepares an annual report and provides recommendations to the City Council on the proposed expenditure of BIA revenues for its geographic area. State law and the AMC also require an annual review by the City Council and a yearly consideration of the assessment. PSBA's Board of Directors, designated as the BIA's advisory board, has prepared the Annual Assessm...
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