DATE: October 9, 2024
TO: Honorable Mayor and City Councilmembers
FROM: City Manager's Office
TITLE: RESOLUTION OF INTENTION TO RENEW THE DOWNTOWN OCEANSIDE PROPERTY BUSINESS IMPROVEMENT DISTRICT
RECOMMENDATION
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Staff recommends that the City Council adopt a Resolution of Intention to renew the Downtown Oceanside Property Business Improvement District (DTOPBID) beginning on January 1, 2025.
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BACKGROUND AND ANALYSIS
On June 19, 2019, the City Council authorized the City Manager to execute two petitions to execute special assessment proceedings to form the DTOPBID, and adopt a Resolution of Intention to establish the DTOPBID.
On August 7, 2019, the City Council conducted a public hearing regarding the proposed formation of the DTOPBID, authorized the City Clerk to count ballots received from affected property owners and unanimously adopted Resolution 19-R0487-1 forming the DTOPBID, approving the Management District Plan, approving the assessment formula and levying the assessments. The current assessment period expires in December 2024.
On December 18, 2019, the City Council approved an agreement with MainStreet Oceanside for implementation of the Management District Plan for the DTOPBID and approved the by-laws proposed for the DTOPBID Governing Committee.
On April 24, 2024, the City Council authorized the City Manager to sign the petition and ballot on behalf of properties owned by the City of Oceanside in support of the renewal of the DTOPBID, and approve an appropriation in the amount of $29,440 from the General Fund unassigned fund balance to account for an increase in City-owned property assessments for Fiscal Year 2024-2025.
Subsequent to the City Council's action in April, it became apparent that petitions in favor of district renewal submitted by property owners would not achieve the 50 percent (50%) plus one requirement to allow the Council to initiate proceedings for DTOPBID renewal. In response to concerns from property owners in ...
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