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HomeMy WebLinkAboutRESO 9165Resolution No. 9165 Resolution of the Council·ofthe City of Palo Alto Confirming the Report of the Advisory Board and Levying an Assessment for Fiscal Year 2012 on the Downtown Palo Alto Business Improvement District THE CITY COUNCIL OF THE CITY OF PALO ALTO DOES HEREBY FIND, DECLARE AND ORDER AS FOLLOWS: SECTION 1. The Parking and Business Improvement Area Law of 1989, California Streets and Highways Code Sections 36500 et seq. (the "Law"), authorizes the City Council to levy an assessment against businesses within a parking and business improvement area which is in addition to any assessments, fees, charges, or taxes imposed in the City. SECTION 2. Pursuant to the Law, the City Council adopted Ordinance No. 4819 establishing the Downtown Palo Alto Business Improvement District (the "District") in the City of Palo Alto. SECTION 3. The boundaries of the District are within the City limits of the City of Palo Alto (the "City") and encompass the greater downtown area of the City, generally extending from EI Camino Real to the West, Webster Street to the East, Lytton Avenue to the North and Addison Avenue to the South (east of Emerson Street, the boundaries extend only to Forest Avenue to the South). Reference is hereby made to the map of the District attached hereto as Exhibit "A" and incorporated herein by reference for a complete description of the boundaries of the District. SECTION 4. The City Council, by Resolution No. 8416, appointed the Board of Directors of the Palo Alto Downtown Business & Professional Association, a California nonprofit mutual benefit corporation, to serve as the Advisory Board for the District (the "Advisory Board"). SECTION 5. In accordance with Section 36533 ofthe Law, the Advisory Board prepared and filed with the City Clerk a report entitled "Downtown Palo Alto Business Improvement District, 2011-12 Annual Report" (the "Report"), and, by previous resolution, the City Council preliminarily approved such report as filed. SECTION 6. The City Council has adopted a Resolution of Intention, Resolution No. 9159 declaring its intention to levy and collect an assessment for fiscal year 2012 against businesses in the District. SECTION 7. Following notice duly given pursuant to law, the City Council has' held a full and fair public hearing regarding the levy and collection of an assessment within the District for fiscal year 2012. All interested persons were afforded the opportunity to hear and to be heard regarding protests and objections to the levy and collection of the assessment for fiscal year 2012. The City Council finds that there was no majority protest within the meaning of the 1 110503 jb 0130709 Law. All protests and objections to the levy and collection of the assessment and any and all other protests and objections are hereby overruled by the City Council. SECTION 8. Based upon its review of the Report, a copy of which has been presented to the City Council and which has been filed with the City Clerk, and other reports and information, the City Council hereby finds and determines that (i) the businesses in the District will be benefited by the expenditure of funds raised by the assessment, (ii) the District includes all of the businesses so benefited; and (iii) the net amount of the assessment levied within the District for the 2012 fiscal year in accordance with the Report is apportioned by a formula and method which fairly distributes the net amount in proportion to the estimated benefits to be received by each such business. SECTION 9. the Advisory Board. The City Council hereby confirms the Report as originally filed by SECTION 10. The adoption of this Resolution constitutes the levy of an assessment for the fiscal year 2012 (commencing July 1, 2011, and ending June 30, 2012). The assessment formula, including the method and basis of levying the assessment, is set forth in Exhibit "B" attached hereto and incorporated herein by reference. New businesses established in the District after the beginning of any fiscal year shall be exempt from the levy of the assessment for that fiscal year. In addition, nonprofit organizations, newspapers, and professional "single-person businesses", defined as those businesses which have 25% ofless full time equivalent employees, including the business owner, shall be exempt from the assessment. SECTION 11. The City Council hereby declares that the proposed uses of the revenues derived from the assessments levied against businesses in the District are for the following facilities and activities: The types of improvements to be funded by the levy of an assessment against businesses within the District are the acquisition, construction, installation or maintenance of any tangible property with an estimated useful life of five years or more. The types of activities to be funded by the levy of an assessment against businesses within the District are the promotion of public events which benefit businesses in the area and which take place on or in public places within the District; the furnishing of music in any public place in the District; and activities which benefit businesses located and operating in the District. II II II II II II 2 110503 jb 0130709 Exhibit "B" Downtown Palo Alto Business Improvement District Annual BID Assessments ZONE A Restaurants & Retailers Under 6 FTE (50% of base amount) $225 6 to under 11 FTE (75% of base amount) $340 11 or more FTE (100% of base amount) $450 Service Businesses Under 4 FTE (50% of base amount) $170 4 to under 7 FTE (75% of base amount) $260 Over 7 FTE (100% of base amount) $340 Professional Businesses 25% or fewer FTE, including owner (0% of base amount) Exempt 26% FTE to under 1 FTE (25% of base amount) $60 2 to 4 FTE (50% of base amount) $110 5 to 9 FTE (75% of base amount) $170 10+ FTE (100% of base amount) $225 Lodging Businesses Up to 20 rooms (50% of base amount) $2258 21 to 40 rooms (75% of base amount) $340 I 41+ rooms (100% of base amount) $450 Financial Institutions $500 ZONEB (75% of Zone A amount) $170 $260 $340 $130 $200 $260 Exempt $50 $90 $130 $170 $170 $260 $340 $500 Note 1: For retail, restaurant, service, and professional businesses, size will be determined by number of employees either full-time or equivalent (FTE) made up of multiples of part-time employees. A full FTE equals approximately 2000 hours annually. Lodging facilities will be charged by number of rooms available and financial institutions will be charged a flat fee. Note 2: Second floor (and higher) businesses located within Zone A will be assessed the same as similar street-level businesses located within Zone B. Note 3,' Assessment amounts are rounded to the nearest ten dollars. The minimum 'assessment will be $50.00. 5 110503 jb 0130709