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CONSIDERATION OF AUTHORIZING THE LEVY AND COLLECTION OF ASSESSMENTS AND THE RENEWAL OF THE DOWNTOWN CHULA VISTA PROPERTY-BASED IMPROVEMENT DISTRICT (PBID) FOR A PERIOD OF TEN YEARS
RESOLUTION NO. 2016-122 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING THE MANAGEMENT DISTRICT PLAN AND FINAL ENGINEER'S REPORT, RENEWING THE DOWNTOWN CHULA VISTA PROPERTY-BASED BUSINESS IMPROVEMENT DISTRICT FOR A PERIOD OF TEN YEARS AND AUTHORIZING THE LEVY AND COLLECTION OF ASSESSMENTS WITHIN SUCH DISTRICT, AND APPROVING THE "THIRD AVENUE VILLAGE AGREEMENT AND ENCROACHMENT PERMIT FOR MAINTENANCE SERVICES BETWEEN THE CITY OF CHULA VISTA AND THE THIRD AVENUE VILLAGE ASSOCIATION"
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RECOMMENDED ACTION
Recommended Action
Council conduct the public hearing and adopt the resolution.
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SUMMARY
The Downtown Chula Vista Property-Based Business improvement District (PBID) was formed in 2001 to proactively implement a number of enhancement services and programs within the downtown core. Administered by the Third Avenue Village Association (TAVA), the PBID was inaugurated for a five-year term beginning in 2001, and renewed in 2006 for a period of ten years, to expire December 31, 2016. In order to continue operation, the PBID must be renewed by June 2016, by a majority of returned property owner ballots weighted by the financial obligations of the assessment to be paid.
The next step in the PBID renewal process is for the City Council to conduct a public hearing to consider approval of the resolution to authorize the levy and collection of assessments and the renewal of the PBID for a period of ten years, effective January 1, 2017. At the public hearing, the Council will authorize the City Clerk's office to open and count the ballots to determine the results of the PBID ballot procedure pursuant to Proposition 218. In order to continue operation, the PBID must be renewed by June 2016, by a majority of returned property owner ballots weighted by the financial obl...
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