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File #: 23-787    Version: 1
Type: Public Hearing Status: Passed
File created: 9/14/2023 In control: City Council/Public Financing Authority
On agenda: 10/3/2023 Final action: 10/3/2023
Title: Public Hearing to consider adoption of Resolution No. 2023-38 approving an Annual Assessment within the Huntington Beach Downtown Business Improvement District (District) for Fiscal Year (FY) 2023-2024
Attachments: 1. Att 1 Resolution No. 2023-38, 2. Att #2 Exhibit A - Annual Report and Proposed Budget for FY 23-24, 3. Att #3 Exhibit B - Boundary Map, Business List, and Assessment Schedule, 4. Att #4 Improvements and Activities proposed to be funded, 5. Att #5 PPT - BID Renewal Public Hearing for FY 2023-2024, 6. Att #6 Protests Received as of September 27, 2023
REQUEST FOR CITY COUNCIL ACTION

SUBMITTED TO: Honorable Mayor and City Council Members

SUBMITTED BY: Al Zelinka, City Manager

VIA: Jennifer Villasenor, Acting Director of Community Development

PREPARED BY: Kriss Casanova, Economic Development Manager

Subject:
title
Public Hearing to consider adoption of Resolution No. 2023-38 approving an Annual Assessment within the Huntington Beach Downtown Business Improvement District (District) for Fiscal Year (FY) 2023-2024
body

Statement of Issue:
On September 5, 2023, the City Council adopted Resolution No. 2023-37, declaring its intention to levy an annual assessment for the Huntington Beach Downtown Business Improvement District (District), and authorized the City Clerk to schedule a public hearing for October 3, 2023. Each business within the District is assessed an annual fee that the City collects and distributes for use towards additional services for the defined geographic area that are beyond the City's baseline services. The City Council is now requested to conduct that public hearing and consider adopting Resolution No. 2023-38 to approve the assessment for FY 2023-2024.

Financial Impact:
The HB Downtown FY 2023-2024 budget includes revenues of $910,340 of which $110,200 are projected to come from business assessments and the remaining from sources other than assessments. Expenditures are reimbursed based upon revenue collected.

Recommended Action:
recommendation
A) Conduct the Public Hearing; and,

B) If written protests of at least 50% or more of the total assessments are not received, adopt Resolution No. 2023-38, "A Resolution of the City Council of the City of Huntington Beach Approving an Annual Assessment within the Huntington Beach Downtown Business Improvement District for Fiscal Year 2023-2024."
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Alternative Action(s):
1) Modify elements of the Annual Report, such as the proposed assessments, activities and/or improvements to be funded, district boundaries, categories of ass...

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