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HomeMy WebLinkAbout2004-06-07 City Council (5)City of Palo Alto City Manager’s Report TO: FROM: HONORABLE CITY COUNCIL 20 CITY MANAGER DEPARTMENT: CITY MANAGER DATE:JUNE 7, 2004 CMR: 290:04 SUBJECT: ADOPTION OF A RESOLUTION TO APPROVE THE 2004-2005 BUDGET REPORT AND TO LEVY. THE ANNUAL ASSESSMENT FOR THE PALO ALTO DOWNTOWNBUSINESS IMPROVEMENT DISTRICT (BID) FOR FISCAL YEAR 2004-05 RECOMMENDATION Staff recommends that the City Council adopt a resolution to approve the 2004-05 Budget Report and to levy the annual assessment for the Palo Alto Business Improvement District for 2004-05. BACKGROUND The Palo Alto Downtown Business Improvement District (BID) was established by the City Council in 2004 pursuant to the California Parking and Business Improvement Area Law to promote the economic revitalization and physical maintenance of the Palo Alto Downtown business district. The Council appointed the Palo Alto Downtown Business and Professional Association as the Advisory Board (Advisory Board) for the BID, to advise the Council on the method and basis for levy of assessments in the BID and the expenditure of revenues derived from the assessments. The budget report for fiscal year 2004-2005 was reviewed and approved by the Palo Alto Downtown Business and Professional Association at its board meeting on May 5, 2004. in preparation for the public hearing, City Council took the following actions on May 10, 2004, as required by BID law: Adopted the resolution preliminarily approving the BID Advisory Board’s 2004- 05 Budget Report Adopted the resolution of intention to levy 2004-05 assessments in the Palo Alto Downtown Business Improvement District and set June 7, 2004 at 7:00 p.m. as the date for the public hearing on the levy of assessments CMR:290:04 Page 1 of 3 DISCUSSION The Advisory Board has prepared a report (Attachment 2), for the Council’s consideration that includes the budget for the Palo Alto Downtown BID for fiscal year 2004-05. As required by BID law, the report has been filed with the City Clerk and contains a list of the improvements, activities, and associated costs proposed in the BID in fiscal year 2004-05. The Advisory Board has recommended no change in the BID boundaries or the method and basis for levying assessments. A map of the Palo Alto Downtown BID is attached as Attachment 3. The proposed assessments in the BID for fiscal year 2004-05 are the same as the assessments in fiscal year 2003-04, although because the BID was in operation for only six months, the assessments sent to businesses were only 50% of the annual BID assessment for FY 2003-04. The assessment for the full year will be assessed in FY 2004-05. Pursuant to BID law, the Advisory Board must annually submit to the Council a report that proposes a budget for the upcoming fiscal year for the BID. The report must: 1) propose any boundary changes in the BID; 2) list the improvements and activities to be provided in the fiscal year. 3) estimate the cost to provide the improvements and activities; 4) set forth the method and basis for levy of assessments; 5) identify surplus or deficit revenues carried over from the prior fiscal year, and 6) identify amounts of contributions from sources other than assessments. Absent a majority protest at the public hearing, at the conclusion of the public hearing the Council may adopt a resolution approving the report for Fiscal Year 2004-05 as filed or as modified by the Council. The adoption of the resolution constitutes the levying of the BID assessments for fiscal year 2004-05. RESOURCE IMPACTS Adoption of the proposed BID budget does not directly impact City revenue. BID assessments are restricted for use exclusively by the BID. It is anticipated that a healthy BID will encourage growth of the retail community and consequently result in additional sales tax revenue for the City. The Attorney’s Office will continue to provide legal oversight to the BID during the annual reauthorization process. Administrative Services staff provides assistance in the collection of BID assessments. Estimates indicate that the cost of collection by the City will continue at the current level of $16,000. Any amount over the $5,000 allocated in the BID budget will paid out of the City Manager’s contingency fund up to that level. City Manager staff will continue to provide oversight to the BID and will prepare the annual reauthorization. CMR:290:04 Page 2 of 3 ENVIRONMENTAL REVIEW This action by the City Council Environmental Quality Act. is not considered a project under the California ATTACHMENTS Attachment 1" Attachment 2: Attachment 3" Resolution of Intention to approve the 2004-05 Budget Report and to levy the annual assessment for the Palo Alto Business Improvement District for 2004-05 Report of the Advisory Board with Regard to the Reauthorization of the Downtown Palo Alto Business Improvement District for Fiscal Year 2004-2005 Downtown Palo Alto Business Improvement District Map PREPARED BY: SUS’~N’ARPAN,Econb~nic Development and Redevelopment Manager CITY MANAGER APPROVAL: FRANI~ BENEST, ~ity Manager CMR:290:04 Page 3 of 3 NOT YET APPROVED ATTACHMENT 1 RESOLUTION NO. RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO CONFIRMING THE REPORT OF THE ADVISORY BOARD AND LEVYING AN ASSESSMENT FOR FISCAL YEAR 2004- 05 IN CONNECTION WITH 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 i. 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 E1 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. By previous resolution, the City Council 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") and directed the Advisory Board to prepare a report in connection with the proposed levy of an assessment against businesses in the District for fiscal year 2004-05. SECTION 5. In accordance with Section 36533 of the Law, the Advisory Board prepared and filed with the City Clerk a report entitled "Downtown Pa!o Alto Business Improvement District, 2004-05 Annual Report" (the "Report"), and, by previous resolution,the City Council preliminarily approved such report as filed. 040524 sm 0100247 1 NOT YET APPROVED SECTION 6. The City Council has adopted a Resolution of Intention, Resolution No. 8421, declaring its intention to levy and collect an assessment for fiscal year 2004-05 against businesses in the District. SECTION 7.Following notice duly given pursuant to law, the City Counci!has held a full and fair public hearing regarding the levy and collection of an assessment within the District for fiscal year 2004-05.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 2004-05.The City Council finds that there was no majority protest within the meaning of the 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 Counci! 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 2004-05 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 City Council hereby confirms the Report as originally filed. SECTION i0. The adoption of this Resolution constitutes the levy of an assessment for the fiscal year 2004-05 (commencing July i, 2004, and ending June 30, 2005). 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% of less full time equivalent employees, including the business owner, shall be exempt from the assessment. 040524 sm 0100247 2 NOT YET APPROVED SECTION ii. 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. SECTION 12. The Council finds that this is not a project under the California Environmental Quality Act and, therefore, no environmenta! impact assessment is necessary. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk APPROVED AS TO FORM: Mayor APPROVED: Sr. Asst. City Attorney City Manager Director of Administrative Services 040524 sm 0100247 3 <~1 I I I neA B Th~ City of Palo Alto Palo Alto Downtown Business Improvement District Thi~ m ap ~ a productofl~e C[’y ofP ab A b G IS EXHIBIT "B" A General Statement Regarding Cost-Benefit Analysis For BID Businesses Using The Traditional Three Criteria Formula Criteria 1) Type of Business: Statement Concerning Cost-Benefit Formula For BID Businesses Regarding Type Of Business: In a review of 200 California Business Improvement Districts, it is consistently demonstrated that the typical BID Program places a higher priority on Commercial Marketing Programs than on Civic Beautification and Commercial Recruitment Programs. With that trend in mind, retail and restaurant businesses, with their emphasis on, and need for, commercial marketing, are traditionally assessed more than less marketing-sensitive service-oriented or professional-oriented businesses. However, while service-oriented businesses benefit from a BID less than retailers and restaurateurs, they benefit more, (from commercial marketing programs), than professional businesses such as medical, dental and legal offices with their minimal advertising and promotion needs. Therefore, set forth below, is an example of how various business types might be considered regarding the computation of the annual benefit assessment. ¯Retail and Restaurant: ¯Service: ¯Professional: 100% of base amount 75% of base amount 50% of base amount Exceptions to this rule include financial institutions that are traditionally charged a flat rate regardless of location or size and lodging businesses that are typically charged by total rooms. Lodging businesses are assessed based on the total number of rooms because it is a more equitable manner of determining size. Many lodging businesses have many part time employees, but revenues are based on the room occupancies of the hotel, not the goods sold or serviced by employees. Criteria 2) Location of Business: Statement Concerning Cost-Benefit Formula For BID Businesses Regarding Location of Business: It has also been consistently demonstrated that the more centrally located businesses tend to benefit from BID activities and services to a greater degree than businesses located toward the periphery of the proposed BID boundaries. Events and activities tend to originate in the central core of the downtown area and spread benefit to the outer areas with diminishing energy and impact, much like the ripple effect of a stone tossed into a body of calm water. Furthermore, ground floor businesses tend to benefit to a greater degree than businesses located in upper floors. Therefore, in some cases, a new BID’s annual benefit assessment formula also takes these street level criteria into account. As mentioned above, special events, fairs, festivals and other activities tend to take place within, or along, the Main Street core rather than in the areas at the periphery of the downtown core. Additionally, BID-sponsored seasonal decorations, public art projects, street banners and street furniture tend to be located within the immediate core area. Therefore, businesses located within the most central area of the proposed BID are considered to be within "Zone A" which should be considered the primary benefit zone. There is typically a "secondary zone" or "Zone B" within most proposed BID areas. This area receives less benefit than Zone A and should be assessed accordingly. An example of how different zones might be treated regarding the computation of the annual benefit assessment is as follows. ¯Zone A: 100% of base benefit assessment ¯Zone B: 75% of base benefit assessment In the case of Downtown Pato Alto, it is recommended that all Zone A upper floor businesses, as well as any other businesses located at the periphery of the proposed BID, be considered as Zone B businesses. Please refer to the map in Attachment I. Criteria 3) Size of Business: Statement Concerning Cost-Benefit Formula For BID Businesses Regarding Size of Business: In approximately 50% of newly established BIDs, a third assessment criterion is used. This criterion involves the size of each individual business that is based upon the businesses’ total number of full-time employees. Full-time employees are those working a total of 2,000 hours per year. Part-time employees are grouped into full-time job positions, i.e., two half-time employees total one full-time. Fractions are rounded down to the nearest whole number with no less than one person as a minimum for business. An example of how various business sizes might be treated regarding the computation of the annual benefit assessment is as follows: ¯Small:50% of base assessment ¯Medium:75% of base assessment ¯ Large: 100% of base assessment * Full-time employees (FTE) Retail/Restaurants under 6 FTE* 6-under 11 FTE* 11+ FTE* Service Businesses under 4 FTE* 4 to under 7 FTE* 7+ FTE* Additionally, an exemption was established for "single person professional businesses" that have 25% or less full time equivalent (FTE), including the business owner. This covers employees who work less 10 hours a week (based on a 40 hour work week) Since "single person businesses" that have 26% FTE to 1 FTE in the professional business category of the BID benefit the very least from the assessment, their assessments have been tiered by size based (according to benefit) on the new "single person business" criteria. Downtown Palo Alto Business Improvement District Annual BID Assessments Retailers and Restaurants (lOO%) ZONE A ZONE B (75%) $225.00 (Under 6 FTE employees) (50%) $340.00 (6 to under 11 FTE employees) (75%) $450.00 (11+ FTE employees) (lOO%) $170.00 $260.00 $340.00 Service Businesses (75%) $170.00 (Under 4 FTE employees) (50%) $260.00 (4 to under 7 FTE employees) (75%) $340.00 (7+ FTE employees) (lOO%) $130.00 $200.00 $26O.00 Professional Businesses ~o%) EXEMPT (25% or fewer FTE employees, including the business owner) $ 60.00 (26% FTE to 1 FTE employees) (25%)$ 50.00 $110.00 (2 to 4 FTE employees) (50%)$ 90.00 $170.00 (5 to 9 FTE employees) (75%)$130.00 $225.00 (1 O+ FTE employees) (lOO%)$170.00 Lodging Businesses (100%) $225.00 (up to 20 rooms) (50%) $340.00 (21 to 40 rooms) (75%) $450.00 (41+ rooms) (lOO%) $170.00 $26O.00 $340.0O Financ~l Ins#tutions $500.00 $500.00 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 F-rE 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. ATTACHMENT 2 Report of the Advisory Board With Regard to the Reauthorization of the Downtown Palo Alto Business improvement District FUi FibL.cii ~o~ /’t~u~-ZUUD As approved by the Advisory Board on May 5, 2004 Submitted by Stephanie Wansek Chair, Palo Alto Downtown Busine~ Introduction This ~Ft ~ ~k~, Advisory Board ~ the Palo Alto Dow~ .....~Jl I 1 L~JVV I I Business& Professional Association (PADBPA) was prepared for City Council to review for the annual reauthorization of the Downtown Palo Alto Business Zmprovement District (B]]D) pursuant to Section 36533 of the Parking and Business Zmprovement Law of ~989 (Section 36500 and following of the California Streets and Highways code) (the "Law"). This report is for the proposed fiscal year for the BZD commencing July.Z, 2004 and ending June 30, 200S. ("Fiscal year 2004-05"). As required by the Law, this report contains the following information’ Any proposed changes in BID boundaries and b~n=r~ zones within the BID; The improvements and activities to be prov,oed for Fiscal Year 2004-05; An estimate of the cost of providing the improvements and the activities for that fiscal year; The method and basis of levying the assessment in sufficient detail to allow each business owner to estimate u ~ amou~ ~L U~ L~ ~ dba~bbitient to be levied against his or her ku<in~s for ~i~ Year ~nn,~ n< The amount of any surplus or deficit revenues to be carried over from a previous fiscal year. The amount of any contributions to be made from sources other than assessments levied pursuant to the law. ,.~MUIIIILL~LI aLcloha~C VVdI~a~,, ~ d~r, ON U~[}d~t of the Advisory Board of ~he Palo Alto Downtown Business & Professional ~qqnr~r~nn ~P~ ~R~A~ The Board approved this Report may 5, 2004 at a publicly ~,~ ,, ,~e~,ng of ~, ,e tm~,, v ~ ~J i )~ Received on file in the Office of the City Clerk of the City of Palo Alto on ~ay 6, 2004. Section i’ Any PrOposed changes in BID boundaries and benefit -’znn:c \^~if’hin "t-h,-, ~T~ There have been no changes in the BiD boundaries and benefit zones within the BID. A map of the BID Boundaries and benefit zones is available in Aff~r’hrn~nf- T n~ "khic r~nnre Section 2’ The improvements and activities to be provided for Fiscal Year 2004-05. The activities listed in Attachment 2 of this P, eport are proposed to be provided annually. Section 3" An estimate of the cost of providing the improvements and activities for Fiscal Year 2004-05. The total funds available for activities for this fiscal year are estimated to be’ $ 157,000. The budget for providing the activities is set forth in Attachment 2 of this Report. Section 4" The method and basis of levying ~h=~=ssme,,Lin sufficient detail to allow each business owner to estimate the a .....~ of ~ .......~- ....’ ~,,,~u.~~,,~ a~s~m~,L to be l~vi~d against his or n~r business for Fiscal Year 2004-05 and is not changed from the FY 2003-04 assessment. There have been no changes made to the Cost-Benefit Analysis or to the BID Assessments since they were approved by City Council on _January !2, 2004. Attachment 3 de_~cnbes Lhe me:hod of calculation ,used to BiD. The BiD assessments are based on three criteria’ the type of business, the location of the business and the size of the UUbli ="~ ~=,,,onst, oLcd L, ~at the typical BID!t hasb~ ~nsistentlyd-~-~ ~ Program places a hioher prinrit-V nn mrt-i\zil-i~,< m,~rh m< rnrnm.~,rri~l 2 marketing. As a result, the retail and restaurant establishments in the BID are assessed more than service and professiona! businesses in the district. While service-oriented businesses benefit from a B!D less than retailers and restaurateurs, they benefit more than professional businesses such as medical, dental, architectural, consultant and legal offices with their minimal advertising and promotion needs, For these reasons, various business types are assessed according to the benefit that they receive from the BID, as follows" Retail and Restaurant Service Professional i00% of base amount 75% of base amount 50% of base amount Exceptions to this ru!e include financial institutions that are traditionally charged a flat rate regardless of location or size and lodging businesses that are typically charged by total rooms. The location of a business also determines the degree of benefit that accrues to that business. Centraiiy located businesses tend to benefit more, as do businesses located on the ground floor. For this reason, A and B benefit zones have ~~en ide~’~ ~1[f~ ~u tOT the BiD. In Palo Alto, Zone A benefit businesses are assessed 100% of the base benefit assessment while Zone B businesses are assessed 75%, Athird criterion is used in the BZDto determine benefit. This c_ ~ter~on., the size of the business, takes into consideration the o iednumber of full timeen-~ployeesempl ~ by the business. Please refer to A~achment 3 for a more complete understanding of the Attachment 4 is the B!D assessment for each business located within the BID boundaries. Applying the criteria identified in 3 Attachment 3, a summary of ~’ =~n~. assessment that applies to each Cost- ~ ~:~~~n~,,~ Analysis, u,e assessments include the following cdteda ’ An exemption for "single person professional businesses" that have 25% or fewer full time pr~l~i\/~l~nt- fFT, El in,-, ,iHir~ the h,,~i T,"~o,neSS ~1 lel ,11113 covers employees who work less thanl0 hours a week (based on a 40 hour work week (A full ~E equals approximately 2000 hours annualiy) An assessment spedfically for "single person businesses" that have 26% ~E to I ~E in the professional business category of the ~iD (A full ~E equals approximately 2000 hours annually) The tiering of other professional businesses by size based (according to benefit) on the new "single person bus[mess" criteria This outline provides information by which a business can determine its annual assessment based on objective criteria. Except where otherw~ ~,s~ defined, all terms shall have the meanings "dentfieo below’ Definitions of ....-musme=s Types in the Downtown Business Impro veto en t District (BID) Retai[ers and Restaurants: Businesses that buy or resell goods such as clothing stores, shoe stores, office supplies as well as businesses that se!l prepared food and drink. Service Busine_~ses: Businesses that se!! services such as IIIU~L O~LUtlIULIVC businesses, dry cleaners, art and dance studios, printing firms, film processing companies, travel agencies, ente~ainment ~’:--~ ......etc.UUblll~bb~b such db tll~dti ~bt Hote! and ~dq~.,g. These include businesses that have as their main business the lodging of customers. This is restricted to 4 residential busine~e~ that ~rovide lodging services to customers for less than _30 days. Profe~siona! BusL~e~em Businesses that require advanced and/or specialized licenses or academic degrees such as architects, engineers, attorneys, chiropractors, dentists, doctors, accountants, optometrists, realtors, insurance brokers, venture capital firms, consultants, advertising and marketing professionals, mortgage brokers and similar professions. Financia! Zns#itutions: Includes bankingt savings and loan institutions and credit unions. Additional clarification on business definitions will be defined according to.Section 18.04.030 (Definitions) of the Palo Alto Hunicipal Code. The Advisory Board recommends that the following businesses be exempt from the BID assessment: New businesses established in the BID area following the annual assessment for the year in which they locate in the BID area Non-profit orga "nlzaL,ons "Single~r~nn~, nr~£~c~’nn~l h,,~in~¢~c" that have 25% or less fulitim= ’: ~ ".~ equ,v=,=n: (FTE), including the business owner The Assessment calculated shall be paid to the City no later than 30 days after receipt of the invoice with the amount of the annual assessment sent by the City. Asecond notice will be payment by that date. Payments received after 30 days of Section 5" The amount of any surplus or deficit revenues to be ~-~’i~H over t:t-mr~ a D~’~ imUS ~:i~-~-~1year,~I,~ 1 I I ~,,~,.~I I ~.,~1 I I ~ I ~-- ~/ I ~,-~/1 ,.~ ~,~ ~,.-I I ’ We andcl_nate ~h~: the City of P~ln A!to wil! approve ~ contract with the Palo Alto Downtown Business & Professional Association 5 (PADBPA) prior to June 7, 2004 to provide administration and PaloAlto BiD Budget for fiscal year 2003-2004. We anticipate this will happen in mid-May 2004. Any funds not used by June 30, 2004 will be carried over into the contingency line of Budget for Fiscal Year 2004-2005. qection 6’ The a..m~,,ne of =n,, ~,~-~,,~,~ to be de sources other than assessments levied pursuant to the law. Assessment proceeds are estimated to be approximately 122,000 for Fiscal Year 2004-05...~,~,,~ent proceeds will be spent only on acdv,de~ authorized inthe annual reauthorization of the Downtown Palo Alto Business Improvement District by the City Council of the City of Pa!o Alto. !n this first year of operations, there could be additional funds generated through BID sponsored events and/or fundraising. BID Activities / Accomplishments for FY 2003-2004 The Advisory Board has completed the Bylaws of PADBPA, created a non-profit organization of the 501C6 category. We. - will have. hi furniture and office equipment, We have began the branding process for PADBPA and created a logo design, banner design and a website for the organization. PADBPA will also be involved in a downtown PA event, which wil! involve closing off Ramona St. for a Brazilian night in conjunction with PA Art Cpnf,~r’q wepl4 Innn BiD Activities anticipated for FY 2004-05 (See Attachment 2) P .....~:~-- ;-- FY ~" 05,ouu~u activ fall under three.LI ~::::) IUI i_.uu~- categories. 6 1) Operations costs which include staff salary, printing costs, \^lphqitp m~infpn~nrp m~ilinnc nhan~ ~nH fh~ r~n~ir~H audit and 2) IVlarketing and Promotion which include producing a Business Directory, a BiD newsletter, the development of directional signs, and events planning and execution. li~ ~ T~ includes enhanced tree lighting and seasonal planting. For FY 2004-05 /-~ tLd t~l I I II,._."~’ I tb : Attachment 1: Attachment 2: Activities Attachment 3: Attachment 4: Attachment 5: B!D Boundaries Budget of Recommended FY 2004-05 BiD BiD Cost Benefit Analysis BiD Assessment Schedule BiD Advisory Board Members by Business Type 7 ATTACHMENT I ATTACH~iENT 2 CARDt NAL HOTEL BUDGETIOPERATING EXPENSES 2004 5/5/200411:41 AM Assessments non-assessment income carry over FY 2003-04 TOTAL INCOME EXPENSES ODeratinc~ Expenses $122,000! S5,000i S30,000i s157,oooi 3.18% 19.11% 100% -seasonal planting iTotai Operating Expense $i43.000 9i.08% TOTAL OPERATING INCOME $14,000 8.92% s52,ooot Staff Salaries $55,000i 35.03% Incentive Pay $5,000 3.18% Admin.Supplies & Expense $1,000~:0.64% Mailing $2,500!1.59% Printing Supplies $5,000 3.18% website $1,000 0.64% Travel & Auto $500 0.32°/ Telephone $1,000 0.64% Audit $3,000 0.64°/ Collections $5,000 3.18% Utilities 0.00% Insurance Liability $1,000 0.64% Payroll Tax 0.00o/, Contingencies $1,000 0.64% Marketina and Promotions 33.12% ~ Business Director)., - Development of Directional Signs ~ Design / advertising ~ Banners / Hardware (1 time) -Newsletter ~ BID information Beautification ,~ ~0,000 6.37°/ A u~n.ra~ btatemen~ r~.egaraing Cost-Benefit Analysis For BID Businesses Using The Traditional Three Criteria Formula Criteria 1) Type of Business: Statement Concerning Cost-Benefit Formula For BID Businesses Regarding Type Of Business: In a review of 200 California Business Improvement Districts, it is consistently demonstrated that the typical BID Program places a higher priority on Commercial , ,~u,~,,,o than on Civic Bu~u[nluc~[Iun and~o,~,,,~e~~" ---- -Cla~ ’ Recruitment Programs. With that trend in mind, retail and restaurant businesses, with their emphasis on, and need for, commercial marketing, are traditionally assessed more than less marketing-sensitive service-oriented or professional-oriented businesses. However, while service-oriented businesses benefit from a BID less than retailers and restaurateurs, they benefit more, (from commercial marketing programs), than professional businesses such as medical, dental and legal o~ces with their minimal ~v....s,n~ and needs.H~ OmOD~. ~ Therefore, set forth below, is an example of how various business types might be considered regarding the computation of the annual benefit assessment. ¯Retail and Restaurant: , Service: ¯Professional: 100% of base amount 75% of base amount 50% of base amount Exceptions to this rule include financial institutions that are traditionally charged a fiat -~" " ~ ~’~typically charged ~,,,rate regardless of location or siT~ and lodging b.sme.s., that are total rooms. Lodging businesses are assessed based on the total number of rooms because it is a more equitable manner of determining Size. Many lodging businesses have rnany part time employees, but revenues are based on the room occupancies of the hotel, not the goods sold or serviced by emplow~s. ~.,’-"l,er,~,~- 2) Location of Business: Statement Concerninq Cost-Benefit Formula For B!D .~ .~ine=£=< Rr~n~.rrlinn Location of Business: It has also been consistently demonstrated that the more centrally located businesses tend to benefit from BID activities and services to a greater degree than businesses located toward the periphery of the proposed BID boundaries. Events and activities tend to originate in the central core of the downtown area and spread benefit to the outer areas with diminishing energy and impact, much like the ripple effect of a stone tossed into a body of calm water. Furthermore, ground floor businesses tend to benefit to a greater degree than businesses located in upper floors. Therefore, in some cases, a new BID’s annual benefit assessment formula a!so takes these street level criteria into account. As mentioned above, special =,,=~+o ~ ~........ ~a~,s, festioals and other activities tend to take place within, or along, the Main Street core rather than in the areas at the periphery of t~he downtown core. Additionally, BID-sponsored seasonal decorations, public art projects, street banners and street furniture tend to be located within the immediate core area. Therefore, businesses located within the most central area of the proposed BID are considered to be within "Zone A" which should be considered the primary benefit zone. There is typically a "secondary zone" or "Zone B" within most proposed BID areas. This area receives less benefit than Zone A and should be assessed accordingly. An example of how different zones might be treated regarding the computation of the annual benefit assessment is as follows. ¯Zone A:100% of base benefit assessment ¯Zone~. ~"7<o,,.,/o of base benefit assessment In the case of Downtown Pato Alto, it is recommended that all Zone A upper floor businesses, as well as any other businesses located at the periphery of the proposed BID, be considered as Zone B businesses. Please refer to the map in Attachme.nt i. Criteria 3~, Size of Business: Statement Concerning Cost-Benefit Formula For BID Businesses Regarding Size of Business: In approximately 50% of newly established BIDs: a third assessment criterion is used. This criterion involves the size of each individual business that is based upon the businesses’ total number of full-time employees. Full-time employees are those working a total of 2,000 hours per year. PaR-time employees are grouped into full-time job positions, i.e., two half-time employees total one full-time. Fractions are rounded down to the nearest whole number with no less than one person as a minimum for business. An example .of how va.rious business sizes might be tr#ated regarding the computation of the annual benefit assessment is as follows: . r~edium: 50% of base assessment 75% of base assessment Large: i00% of base assessment Full-time employees (FTE) RetaiiiRestaurants under 6 FTE* 6-under 11 FTE* 11 + FTE* SeP;ice Businesses under 4 FTE* 4 to under 7 FTE * 7+ FTE* Additionally, an exemption was established for "single person professional businesses" that have 25% or less full time equivalent (FTE), including the business owner. This covers employees who work I&ss 10 hours a week (based on a 40 hour work week) Since "single person businesses" that have 26% FTE to ! FTE in the professional b~Jsiness category of the B!D benefit the very least from the assessment, their assessments have been ÷~,~, ~’r~’~ by slze’ ~s~u~’~ ~’~~.,.,~ru,ng~ .... "~; to~,~n~,l~ ~"~ on ~’~, ~ new "~;"~^~, person bus~ness criteria. Retailers and Restaurants (~ 00%) ZONE A ZONE B (75%) $225.00 (Under 6 FTE employees) (50%) $340.00 (6 to under 11 FTE employees) (75%) $450.00 (! 1+ FTE employees) (lOO%) $170.00 $260.00 $34O.OO Service Businesses (75%) $170.00 (Under 4 FTE employees) (50%) $260.00 (4 to under 7 FTE employees) (75%) $130.00 $200.00 $260.00 Professional Businesses (5o%) EXEMPT (25% or fewer FTE employees, including the business owner) $ 60.00 (26% FTE to 1 FTE employees) (25%)$ 50.00 $110.00 (2 to 4 FTE employees) (50%)$ 90.00 $170.00 (5 to 9 FTE employees) (75%)$130.00 $225.00 (10+ FTE employees) (loo%)$170.00 L o dging Businesses (100%) $225.00 (up to 20 rooms) (50%) $340.00 (21 to 40 rooms) (75%) $450.00 (41+ rooms) (;00%) $170.00 $260.00 $340.00 Financial Note 1: For retail, restaurant, seFvice, 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 ocated within Zone A .wi!! be assessed the same ~i ’ mr street-!eve! ~,~i ~o ~o ~,~.~÷~x ¢~,,h~,, Zone B.as ~,mll~,b~,n,~s ........., ,i÷ "~ Note 3: Assessmentamounts are rounded to the nearestten dollars. The minimum assessment wilibe~o0.0u.’- n and Restaurants Georgie Gleim, Gleim the 3eweler I,~,D~~.., ,~,..~, ,, University~,.^~+ Faith Bell, Bei!’s Books Israel Zehavi, Diamonds of Palo Alto 3ohn Aylward, Car6 Niebaum Coppola Alex Resnik, Spago Hotel and Lodoinq Stephanie Wansek, Cardinal, ,~, Barbara Gross, Garden Court Hotel Professional Sunny Dykwel, Alain Pinel Realtors Warren Thoits, Thoits Brothers :insurance 3irn Maliksi, Jim Maliksi Architects Beth Rosenthai, Psychoiogist Victoria Lukanovich, F:l iT Consulting Service Business Marc Dickow, ]ungie Copy Chamber of Commerce Sandra Lonnq "~ul~L, PA Chamber off Commerce ATTACHMENT 3 LLI C ov7 per S ~eet The City of Palo Alto A B J C aw oerS ~ VVaveCev S beet Palo Alto Downtown Business hnprovement District Thg m ap g a p~oductofDe C[y ofP ab AIo G IS