Title
Recommendation to Approve the Park Street Business Improvement Area (BIA) Annual Assessment Report; and
Adoption of Resolution of Intention to Levy an Annual Assessment on the Park Street BIA for Fiscal Year 2021-22, and Set a Public Hearing for May 4, 2021 to Levy an Annual Assessment on the Park Street BIA. (Community Development 256)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
The Park Street Business Improvement Area (BIA) which is managed by the Downtown Alameda Business Association (DABA) is funded in part from an assessment collected by the City of Alameda (City) from all businesses within that business district. Every year, DABA 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.
This fiscal year is ending during the coronavirus pandemic, which has led to unprecedented challenges for the Park Street district. DABA has requested that there be no annual CPI adjustment to the assessment fees for the second year in a row, due to the pandemic.
Staff is recommending that the City Council adopt a resolution setting a public hearing on May 19, 2020 to levy the annual BIA assessment for Fiscal Year (FY) 2021-22.
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 Street commercial areas. This staff report is for the Park Street BIA, which is managed by the Downtown Alameda Business Association (DABA).
The Park Street BIA is funded from fees collected by the City from all businesses within that business district. The pooling of resources improves the business district as a whole and directly benefits business owners through the general promot...
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