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HomeMy WebLinkAbout19 - Balboa Village Business Improvement DistrictU\ � ��2 i� ��� O�?E�w�Rr CITY OF NEWPORT BEACH COMMUNITY AND ECONOMIC DEVELOPMENT PLANNING DEPARTMENT 3300 NEWPORT BOULEVARD NEWPORT BEACH, CA 92658 (949) 644 -3200; FAX (949) 644 -3250 Hearing Date: Agenda Item No.: Staff Person: March 22, 1999 19 Daniel R. Trimble (949) 644 -3230 REPORT TO THE MAYOR AND CITY COUNCIL PROPOSAL: Balboa Village Business Improvement District Renewal Public Hearing and levying of Assessments for 1999 -2000 Fiscal Year SUMMARY: Conduct public hearing for renewal of the Balboa Village Business Improvement District for the 1999 -2000 fiscal year and adopt Resolution of Confirmation. SUGGESTED ACTION: 1. Hold public hearing regarding the renewal of the Balboa Village Business Improvement District; and 2. a. If protests represent less than 50 percent of the total assessment amount adopt the Resolution of Confirmation. • OR b. If protests represent 50 percent or more of the total assessment abandon the proceedings to renew the District. Backeround On March 8, 1999 the City Council held a public meeting, approved the Balboa Village Business Improvement District 1999 -2000 Annual Report, and adopted a Resolution of Intention to levy and collect assessments for the District for the 1999 -2000 fiscal year. Details regarding the proposed renewal of the District and annual report are provided in the attached March 8, 1999 staff report. Discussion A protest hearing must be held each year prior to renewal of a Business Improvement District. If protests are received from business owners representing 50 percent or more of the total assessment amount, the proceedings to renew the District must be discontinued for at least one year. If protests represent less than 50 percent of the total assessment, the City Council may renew the District. At the time this report was prepared, no letters of opposition to the District had been received. Staff will provide an oral update on any subsequent correspondence and a tabulation of protests at the City Council meeting. Balboa Village BID Renewal March 22, 1999 Page I Public notice of the protest hearing and the Resolution of Intention have been published in the Daily Pilot and mailed to businesses within the District in compliance with state law. Submitted by: SHARON Z. WOOD Prepared by: DANIEL R. TRIMBLE AAssis Associate Planner Attachments: Resolution of Confirmation City Council Staff Report of March 8, 1999 F: \Users\PLN\Sharcd\B I Ds\B alboavilla.-e \COUNCIL \99renew \CC- RPT99.doc Page 2 i E 1 RESOLUTION NO. 99- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH CONFIRMING THE LEVYING OF ASSESSMENTS FOR THE FISCAL YEAR OF APRIL 1, 1999 TO MARCH 31, 2000 FOR THE BALBOA VILLAGE BUSINESS IMPROVEMENT DISTRICT. WHEREAS, on March 8, 1999 the Balboa Village Business Improvement District annual report was filed and approved by the City Council; and WHEREAS, on March 8, 1999 the City Council adopted and published a Resolution of Intention declaring the intention to levy assessments for the Balboa Village Business Improvement District for the fiscal year April 1, 1999 to March 31, 2000; and WHEREAS, a public hearing regarding the renewal of the Balboa Village Business Improvement District was held on March 22, 1999 without protest. NOW, THEREFORE, the City Council of the City of Newport Beach hereby confirms the levy of assessments as described in the Resolution of Intention dated March 8, 1999 for the Balboa Village Business Improvement District for the fiscal year April 1, 1999 to March 31, 2000. This resolution shall take effect immediately upon adoption. Passed and adopted by the City Council of the City of Newport Beach at a regular meeting held on the day of 1999. MAYOR ATTEST: CITY CLERK F:\Users\PLN\Shered\B IDs\B alboavil lage \COUNCIL \99renew\ResConfirm.doe 0