Title
Public Hearing to Consider Adoption of Resolution Confirming the Webster Street Business Improvement Area (BIA) Assessment Report for Fiscal Year 2017-18; and Levying an Annual Assessment on the Webster Street BIA. (Community Development 227)
Body
To: Honorable Mayor and Members of the City Council
From: Jill Keimach, City Manager
Re: Public Hearing to Consider Adoption of Resolution Confirming the Webster Street Business Improvement Area (BIA) Assessment Report for FY 2017-18 and Levying an Annual Assessment on the Webster Street BIA
BACKGROUND
In 1989, City Council created Business Improvement Areas (BIAs) in the Park Street and Webster Street commercial areas. These BIAs were established in accordance with the Parking and Business Improvement Area Law in the California Streets and Highways Code. This report is for the Webster Street BIA, which is managed by the West Alameda Business Association (WABA). 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.
The BIA is funded from fees collected by the City from all businesses within the geographic zone. Other than an automatic annual San Francisco Area Consumer Price Index (CPI) increase, authorized by the original Ordinance 2435, the City has not increased assessments since inception of the BIA. This year's CPI increase of 3.5% raises the minimum retail business annual fee by $10.00, to $313.
On April 18, 2017, the City Council approved WABA's annual assessment report for the next fiscal year (FY 2017-18), with its projected activities, budget, and financial documents (Exhibit 1) and received the BIA Assessment Fee Schedule, BIA Boundary Map, and the BIA Address list (Exhibits 2, 3, and 4). The City Council also adopted a Resolution of Intention to Levy an A...
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