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TO: <br />FROM: <br />CITY OF <br />NEWPORT BEACH <br />City Council Staff Report <br />June 11, 2019 <br />Agenda Item No. 9 <br />HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL <br />Grace K. Leung, City Manager - 949-644-3001, <br />gleung@newportbeachca.gov <br />PREPARED BY: Mary Locey, Administrative Analyst <br />mloceyCcDnewportbeachca.gov <br />PHONE: 949-644-3031 <br />TITLE: Resolution No. 2019-46: Resolution of Intention to Renew the Corona <br />del Mar Business Improvement District, Levy Assessments in <br />FY 2019-20, and Fix the Time and Place of a Public Hearing <br />ABSTRACT: <br />On May 28, 2019, the City Council considered staff's recommendation to renew the <br />Corona del Mar Business Improvement District (CdM BID). The City Council, after <br />discussion and public comment, approved a motion to withhold City funding support to <br />the BID and continued the item to provide the BID Board time to meet and revise its <br />annual report and budget, which is attached for City Council approval. <br />RECOMMENDATION: <br />a) Determine this action is exempt from the California Environmental Quality Act (CEQA) <br />pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because <br />this action will not result in a physical change to the environment, directly or indirectly; <br />b) Approve the Corona del Mar Business Improvement District's Fiscal Year 2018-19 <br />Annual Report and its Proposed Fiscal Year 2019-20 Budget; and <br />c) Adopt Resolution No. 2019-46, A Resolution of the City Council of the City of Newport <br />Beach, California, Declaring its Intention to Renew the Corona del Mar Business <br />Improvement District and Levy Assessments for the Fiscal Year of July 1, 2019 to <br />June 30, 2020, and Fix the Time and Place of a Public Hearing for June 25, 2019. <br />FUNDING REQUIREMENTS: <br />The City of Newport Beach (City) contracts with a vendor (the CdM BID pays for these <br />services) to collect the stakeholder assessments on behalf of the City and remits the <br />money directly to the CdM BID's bank account. The monies are used for funding the BID's <br />activities as described in the attached annual report. <br />9-1 <br />