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HomeMy WebLinkAbout06 - Resolution of Intention to Renew the NBRABID and Levy Assessments - PowerPointBusiness Improvement Districts May 22, 2018 Agenda Items 6 and 7 Mary Locey, BID Liaison _ City Manager's Office g . mloce @new ortbeachcaov Y p Two Types of BIDS 1989 BID Law Business owner/merchant assessed Council can initiate formation NW1994 BID Law Property owner or business owner assessed Stakeholders must propose formation Majority protest stops formation Majority support initiates formation Assessment levied on businesses Renewed annually Higher level of day-to-day City oversight Assessment levied on real property or businesses Term of up to 10 years Greater level of autonomy 4 aEW SRT O Om May 22, 2018 r e� �P '91! FO NN Newport Beach BIDS Corona del Mar BID Newport Beach Restaurant Association BID 1994 BID Newport Beach Tourism Business Improvement District May 22, 2018 Background • In 2013, City had four 1989 Act BIDS and discussed: 1. Remain 1989 Law BIDs 2. Reform as 1994 Law BIDs 3. Disband and form merchant associations • Two became merchant associations • Balboa Village Merchants Association • Balboa Island Marketing •Two remained 1989 Law BIDS • Corona del Mar BID • Newport Beach Restaurant Association � ciEW SRT May 22, O eT 2018 r U hb t �P '91! FO NN Changes Since 2013 • City contributes $40,000 annually to each BID • BIDs took over funding bookkeeping, administration and marketing services • City staff time significantly reduced to • Agenda posting • Contract administration • Project guidance and oversight • Miscellaneous � ciEW SRT May 22, O eT 2018 r U hb t �P '91! FO NN Questions Mary Locey, BID Liaison City Manager's Office mlocey@newportbeachca.gov Background • Economic Development Division in former Planning Department • Four 1989 Law BIDs • Two, full-time staff • BID bookkeeper paid by the City • BIDs received "matching funds" • $38,000 for CdM & NBRA • $24,000 split between the other two BIDs • Eliminated division and staff in 2010-2011 � ciEW SRT O O May 22, / • U S Hb �P '91! FO NN Background • Economic Development moved to City Manager's Office 2011-2012 • Four 1989 Law BIDs • Duties absorbed by existing staff • Significant staff support from • City Manager's Office • City Attorney's Office • Finance • Others — Public Works, Municipal Operations, Community Development � ciEW SRT May 22, O eT 2018 r U hb t �P '91! FO NN