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aEWPORr CITY OF <br />° NEWPORT BEACH <br />City Council Staff Report <br />Agenda Item No. 12 <br />May 14, 2013 <br />TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL <br />FROM: City Managers Office <br />Dave Kiff, City Manager <br />949 - 644 -3000, dkiff <br />PREPARED BY: Tara Finnigan, Public Information Manager <br />APPROVED: L i <br />TITLE: Ordinance No. 2013 - 12 Disestablishing the Marine Avenue <br />Business Improvement District <br />In early 2013, the Marine Avenue Business Improvement District (BID) Advisory Board <br />recommended disestablishing the BID so that a merchant association, independent of <br />the City of Newport Beach (City), could be formed. The City Council considered that <br />recommendation on April 23, 2013 and approved a Resolution of Intention to <br />disestablish the BID and set the public hearing for May 14, 2013. <br />RECOMMENDATIONS: <br />1. Conduct a Public Hearing; and <br />2. Introduce Ordinance No. 2013- 12, an ordinance of the City Council of the City of <br />Newport Beach Repealing Ordinance No. 95 -50 and Ordinance No. 97 -37 and <br />Disestablishing the Marine Avenue Business Improvement District and pass to a <br />second reading on May 28, 2013. <br />FUNDING REQUIREMENTS: <br />The City Manager will propose in the FY 2013 -14 budget an allocation of $40,000 for <br />the merchant association, plus $10,000 more for marketing provided that the <br />association uses Newport Beach and Company (NB & Co) for its marketing efforts. <br />Early indications are that this association does not intend to use NB & Co; however, so <br />the $10,000 will not be allocated. <br />