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ORDINANCE NO. 2021-14 <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH, CALIFORNIA, REPEALING <br />ORDINANCE NO. 97-24, ORDINANCE NO. 98-15 AND <br />ORDINANCE 99-18, AND DISESTABLISHING THE <br />CORONA DEL MAR BUSINESS IMPROVEMENT <br />DISTRICT <br />WHEREAS, the Parking and Business Improvement Area Law of 1989 (California <br />Streets and Highways Code Sections 36500 et seq.) ("Act") authorizes cities to establish <br />parking and business improvement areas for the purpose of imposing assessments on <br />businesses for certain activities; <br />WHEREAS, on July 14, 1997, the City Council of the City of Newport Beach ("City <br />Council") adopted Ordinance No. 97-24 establishing the Corona del Mar Business <br />Improvement District ("CdM BID"); <br />WHEREAS, on July 13, 1998, the City Council adopted Ordinance No. 98-15, <br />which modified the basis for levying assessments in the CdM BID; <br />WHEREAS, on August 23, 1999, the City Council adopted Ordinance No. 99-18, <br />which modified the basis for levying assessments in the CdM BID; <br />WHEREAS, on March 15, 2021, the CdM BID's Advisory Board voted to <br />recommend that the City Council disestablish the BID due to the completion of its projects <br />under its "Vision Plan" and the fulfillment of the CdM BID's original mission and submitted <br />a proposal for the disposal of its physical assets; <br />WHEREAS, on May 11, 2021, the City Council adopted Resolution No. 2021-40 <br />("Resolution") declaring its intention to disestablish the BID and set a public hearing for <br />June 8, 2021 at 4:00 p.m., or as soon thereafter as the matter may be heard, in the City <br />Council Chambers located at 100 Civic Center Drive, Newport Beach, California, pursuant <br />to California Streets and Highways Code Section 36550; <br />WHEREAS, in accordance with California Streets and Highways Code Section <br />36523(a), the City Clerk caused a complete copy of the Resolution to be published in a <br />newspaper of general circulation in the City; <br />WHEREAS, in accordance with California Streets and Highways Code Section <br />36523(b), the City Clerk caused a complete copy of the Resolution be mailed by first- <br />class mail to each business owner assessed within the BID, within seven (7) days <br />following the adoption of the Resolution; and <br />