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RESOLUTION NO. 2020-59 <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, 2020 TO JUNE 30, <br />2021, 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 pursuant to the Parking and Business <br />Improvement Area Law of 1989, California Streets and Highways Code, Sections 36500 <br />et seq., ("1989 Law"), which requires an annual report to be filed and approved by the <br />City Council for each fiscal year; <br />WHEREAS, the advisory board, known as the NBRA BID Board of Directors, has <br />prepared an Annual Report for the 2019-2020 fiscal year which is on file in the Office of <br />the City Clerk ("NBRA BID Annual Report"); and <br />WHEREAS, on June 9, 2020, the NBRA BID Annual Report was filed with and <br />approved by 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 <br />BID for fiscal year July 1, 2020 to June 30, 2021, pursuant to the 1989 Law. <br />Section 2: The City Council hereby declares its intention to levy assessments <br />for the NBRA BID for the fiscal year July 1, 2020 to June 30, 2021, pursuant to the 1989 <br />Law. Such benefit assessment shall be as follows: <br />