DATE: June 22, 2021
TO: Board of Supervisors
SUBMITTED BY: Robert W. Bash, Director of Internal Services/Chief Information Office
SUBJECT: Renewal of Property Based Improvement District
RECOMMENDED ACTION(S):
TITLE
Receive verbal report and provide direction to Internal Services Department staff regarding submission of the Petition to the City of Fresno to Renew the Downtown Fresno Property and Business Improvement District for January 1, 2023 through December 31, 2032.
REPORT
The Downtown Fresno Property and Business Improvement District (PBID) is requesting that the County sign a petition to renew the PBID. If enough petitions are favorably received, the next step would be a balloting process to formally vote for renewal. This item pertains to a location in District 3.
ALTERNATIVE ACTION(S):
Your Board could choose to abstain from signing the petition and take no action. It should be noted that when petitions are tabulated, if the total petitions in favor of the renewal of the PBID exceed 50% of the assessed properties, the PBID will send out ballots to allow property owners the opportunity to vote in favor or opposition of the renewal. At that time, your Board will have the opportunity to consider and act on the ballot.
FISCAL IMPACT:
The annual cost for each of the parcels varies based upon four factors, including parcel type, benefit zone, parcel size, and building size. The County owns 15 parcels within the boundaries of the PBID. The assessment for FY 2020-21 totaled $56,448.34 The anticipated FY 2022-23 cost for these parcels is $57,272.81. The assessment fees may increase annually but are limited to not more than a 3% increase per year. A breakdown of the assessed charges can be found in Attachment A. These costs would are budgeted in Org 8935 - Facility Services and incorporated in rate to the user of the specific buildings being assessed.
DISCUSSION:
On May 6, 2010, the City of Fresno adopted a Resolution of Intention to form the PBI...
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