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RESOLUTION NO. 2019-47 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH, CALIFORNIA, DECLARING ITS <br />INTENTION TO RENEW THE NEWPORT BEACH <br />RESTAURANT ASSOCIATION BUSINESS <br />IMPROVEMENT DISTRICT AND LEVY ASSESSMENTS <br />FOR THE FISCAL YEAR OF JULY 1, 2019 TO JUNE 30, <br />2020, AND FIX THE TIME AND PLACE OF A PUBLIC <br />HEARING <br />WHEREAS, the Newport Beach Restaurant Association Business Improvement <br />District ("NBRA BID") was established in 1995 by Ordinance No. 95-55, pursuant to the <br />Parking and Business Improvement Area Law of 1989, California Streets and Highways <br />Code, Sections 36500 et seq., (1989 Law"), which requires an annual report to be filed <br />and approved by the City Council of the City of Newport Beach ("City") for each fiscal <br />year; <br />WHEREAS, the advisory board, known as the NBRA BID Board of Directors, has <br />prepared an Annual Report for the 2018-2019 fiscal year which is on file in the Office of <br />the City Clerk ("Annual Report"); and <br />WHEREAS, on June 11, 2019, the Annual Report was filed with and approved by <br />the City Council. <br />NOW, THEREFORE, the City Council of the City of Newport Beach resolves as <br />follows: <br />Section 1: The City Council hereby declares its intention to renew the NBRA BID <br />for fiscal year July 1, 2019 to June 30, 2020, pursuant to the 1989 Law. <br />Section 2: The City Council hereby declares its intention to levy assessments for <br />the NBRA BID for the fiscal year July 1, 2019 to June 30, 2020, pursuant to the 1989 <br />Law. Such benefit assessment shall be as follows: <br />