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RESOLUTION NO. 2019-60 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH, CALIFORNIA, CONFIRMING <br />THE LEVYING OF ASSESSMENTS FOR THE FISCAL <br />YEAR OF JULY 1, 2019 TO JUNE 30, 2020 FOR THE <br />CORONA DEL MAR BUSINESS IMPROVEMENT <br />DISTRICT <br />WHEREAS, on June 11, 2019 the Corona del Mar Business Improvement District <br />("CdM BID") annual report and budget was filed and approved by the City Council; <br />WHEREAS, on June 11, 2019 the City Council adopted a Resolution of Intention <br />(No. 2019-46) declaring the intention to levy assessments for the CdM BID for fiscal year <br />July 1, 2019 to June 30, 2020; and <br />WHEREAS, on June 15, 2019 the City Clerk published Resolution No. 2019-46 <br />declaring the City Council's intention to levy assessments for the CdM BID for fiscal year <br />July 1, 2019 to June 30, 2020; and <br />WHEREAS, a public hearing regarding the renewal of the CdM BID was held on <br />June 25, 2019 without a majority protest. <br />NOW, THEREFORE, the City Council of the City of Newport Beach resolves as <br />follows: <br />Section 1: The City Council does hereby confirm the levying of assessments as <br />described in the Resolution of Intention, dated June 11, 2019, for the CdM BID for the <br />fiscal year July 1, 2019 to June 30, 2020. <br />Section 2: The recitals provided in this resolution are true and correct and are <br />incorporated into the operative part of this resolution. <br />Section 3: If any section, subsection, sentence, clause or phrase of this <br />resolution is, for any reason, held to be invalid or unconstitutional, such decision shall not <br />affect the validity or constitutionality of the remaining portions of this resolution. The City <br />Council hereby declares that it would have passed this resolution, and each section, <br />subsection, sentence, clause or phrase hereof, irrespective of the fact that any one or <br />more sections, subsections, sentences, clauses or phrases be declared invalid or <br />unconstitutional. <br />