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Q ´┐ŻEwPpRT <br />CITY OF <br />O ´┐Ż <br />z NEWPORT BEACH <br /><,FORN'P City Council Staff Report <br />June 22, 2021 <br />Agenda Item No. 4 <br />TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL <br />FROM: Grace K. Leung, City Manager - 949-644-3001, <br />gleung@newportbeachca.gov <br />PREPARED BY: Melanie Franceschini, Management Analyst <br />mfranceschini@newportbeachca.gov <br />PHONE: 949-644-3028 <br />TITLE: Ordinance No. 2021-14: Disestablishing the Corona del Mar <br />Business Improvement District <br />ABSTRACT: <br />On March 25, 2021, the Corona del Mar Business Improvement District (CdM BID) Board <br />of Directors recommended disestablishing the CdM BID, given that the BID has fulfilled <br />its original mission to make Corona del Mar a desirable location to conduct business. The <br />City Council considered the recommendation at its May 11, 2021, meeting and approved <br />a Resolution of Intention to Disestablish the CdM BID. The City Council then held a public <br />hearing regarding the disestablishment and introduced Ordinance No. 2021-14 on <br />June 8, 2021. <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) Conduct second reading and adopt Ordinance No. 2021-14, An Ordinance of the City <br />Council of the City of Newport Beach, California, Repealing Ordinance No. 97-24, <br />Ordinance No. 98-15, and Ordinance No. 99-18, and Disestablishing the Corona del <br />Mar Business Improvement District; and <br />c) Approve and accept staff's recommendation on how to dispose of the CdM BID's <br />assets. <br />DISCUSSION: <br />The Corona del Mar Business Improvement District (CdM BID) was formed in 1997 <br />(Ordinance 97-24) pursuant to the Parking and Business Improvement Area Law of 1989 <br />(1989 Law), codified in the Streets and Highways Code Sections 36500 et seq. The CdM <br />BID was established for the purpose of financing activities and programs that benefit the <br />member businesses located and operating in the area. The CdM BID territory <br />encompasses the area generally located along East Coast Highway from Hazel Drive to <br />Avocado Avenue in Corona del Mar. <br />4-1 <br />