Form Rev 3/6/2023
RESOLUTION NO. __________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING THE 202 6 ANNUAL REPORT
FOR THE DOWNTOWN CHULA VISTA PROPERTY -BASED
IMPROVEMENT DISTRICT
WHEREAS, The City Council of the City of Chula Vista established a Third Avenue Property-based Improvement District (PBID) on July 24, 2001; and
WHEREAS, the PBID was renewed in 2006 for an additional ten years; and
WHEREAS, the PBID was renewed in 2016 for an additional ten years and is currently in its tenth year of the ten-year term (for the period January 1, 2017 through December 31, 2026); and
WHEREAS, the Third Avenue Village Association was the original owner’s association for the PBID; and
WHEREAS, in May 2023, the City consented to Third Avenue Village As sociation assigning all rights and obligations as PBID administrator to the Greater Third Avenue Improvement Association, doing business as Downtown Chula Vista; and
WHEREAS, the owner’s association is required by the California Streets and Highways Code to prepare an annual report for City Council consideration; and
WHEREAS, Greater Third Avenue Improvement Association, doing business as Downtown Chula Vista Association has submitted its annual report for Fiscal Year January 1, 2026 through December 31, 2026, and filed it with the City Clerk.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it approves the Greater Third Avenue Improvement Association’s 2026 annual report for the Downtown Chula Vista Property-based Improvement District.
Presented by Approved as to Form by
David Graham Marco A. Verdugo
Director of Economic Development City Attorney