97-24 - Corona del Mar Business Improvement District

ORDINANCE NO. 97-24 • AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ESTABLISHING THE CORONA DEL MAR BUSINESS IMPROVEMENT DISTRICT WHEREAS, at the request of Corona del Mar business owners, the City Council of the City of Newport Beach desires to establish a Business Improvement District to provide for the imposition of a benefit assessment and to adopt an ordinance to such effect. NOW THEREFORE the City Council of the City of Newport Beach does ordain as follows: SECTION 1. Intent and Pugr ose. Pursuant to the Parking and Business Improvement • Area Law of 1989, Part 6 (commencing with Section 36500) of Division 18 of the California Streets and Highways Code (the "Act "), on June 23, 1997 the City Council of the City of • Newport Beach held a duly noticed public meeting in the Newport Beach Council Chambers and adopted Resolution No. 97 -50, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH DECLARING ITS INTENTION TO ESTABLISH THE CORONA DEL MAR BUSINESS IMPROVEMENT DISTRICT, APPOINTING AN ADVISORY BOARD, AND FIXING THE TIME AND PLACE OF A PUBLIC HEARING" declaring its intention to levy a benefit assessment on all businesses within the District, with the proceeds to be used for the public purposes described in the resolution. On July 14, 1997 the City Council held a public hearing in the Newport Beach Council Chambers to receive protests from any persons and affected business owners. The City Council Ordinance 97 -24 Corona del Mar Business Improvement District Page 1