| | | | | | | | 
AGENDA REPORT
|
| | | | | | | | DATE:
| March 2, 2021
| TO:
| Mayor and City Council
| FROM:
| Stefan T. Chatwin, City Manager
| | SUBJECT: | Resolution 2021-44 of the City Council of the City of Fairfield Approving the Report of the Advisory Board for 2020 and Proposed Budget for Calendar Year 2021 in Connection with the North Texas Street Business Improvement District;
and Resolution 2021-45 of the City Council of the City of Fairfield Declaring Intention to Levy an Assessment Against Businesses within the North Texas Street Business Improvement District for Calendar Year 2021 and Setting a Time and Place for Hearing Objections Thereto
|
|
| | | | | | | | | RECOMMENDED ACTION | | Adopt resolutions. |
|
| | | | | | | | | STATEMENT OF ISSUE | | In September 1999, the Council adopted Ordinance 99-21 establishing the North Texas Street Business Improvement District (NTBID) and the levy of assessments within the District. The Council also appointed the North Texas Street Business Association as the Advisory Board to make recommendations on the expenditure of revenues derived from the assessments. The proposed resolutions approve the Advisory Board’s North Texas Street Business Improvement District Annual Report for 2020 and the planned assessments against businesses for calendar year 2021. The Resolution for the Intention to Levy declares the intention of the City Council to levy an assessment against businesses within the district for calendar year 2021 and sets the required public hearing for March 16, 2021. |
|
| | | | | | | | | DISCUSSION | The North Texas Street Business Improvement District was established in 1999 under the Parking and Business Improvement Law of 1989. Under this law, the process of levying an assessment involves the preparation of a report for each year by an Advisory Board appointed by the City Council and holding a public hearing prior to levying of the assessments. The report must include the expenditure of revenues derived from the levying of assessments, the classification of businesses, the method and basis of levying the assessments for 2021 and a description of the improvements and activities to be performed during the year.
The North Texas Street Business Association filed a report on February 18, 2021, with the City Clerk’s office entitled “Advisory Report for 2020 and Proposed Budget for Calendar Year 2021” to comply with the above-noted requirements. The report filed by the Business Association indicates that approximately $58,000 is anticipated from assessments in 2021. The proposed activities reflect North Texas Street organizational style actions, including membership services, beautification of the District, and economic restructuring activities that focus on recruiting new businesses, retaining viable businesses, and creating a dynamic Business District. The 2021 assessment amount against each business will remain the same as that originally assessed in 2000.
Staff recommends that the City Council declare its intention to levy an assessment against businesses within the North Texas Street Business Improvement District for calendar year 2021, and set the March 16, 2021, City Council meeting as date and place for the public hearing on this matter.
Staff intends to submit for Council review and approval at the March 16, 2021 meeting, the contract between the City and the North Texas Street Business Association to provide the activities and services proposed in the Business Improvement District.
|
|
| | | | | | | | | FINANCIAL IMPACT | | No City funds are involved. The North Texas Street Business Association 2021 assessments are estimated to be approximately $58,000. (NTBID Assessments Fund, Fund 583, Division and Responsibility Code 99000) |
|
| | | | | | | | | PUBLIC CONTACT/ADVISORY BODY RECOMMENDATION | The North Texas Street Business Association Board approved the Advisory Board report and proposed budget at its meeting of January 20, 2021.
|
|
| | | | | | | | | ALTERNATIVE ACTION | | The City Council could elect to modify or not take action on the recommendations of the Advisory Board report. |
|
| | | | | | | | | COORDINATED WITH | City Attorney's Office
|
|
| REVIEWERS: | | Reviewer | Action | Date | | Gassaway, David | Approved | 2/22/2021 - 10:46 AM | | Alexander, Amber | Approved | 2/22/2021 - 11:54 AM | | Alexander, Amber | Approved | 2/22/2021 - 11:56 AM |
|
|