RESOLUTION NO. _____
Resolution Of The City Council Of The City Of Emeryville Approving The Emeryville Transportation Management Association (ETMA) 2024 Budget And Setting Compensation To The ETMA To Operate The Emery Go-Round Shuttle Service During The 2024 Calendar Year Under The Terms Of The Service Agreement For An Amount Not To Exceed Four Million, Five Hundred And Five Thousand, And Two Dollars ($4,505,002); And Authorizing An Additional Six Hundred And Nine Thousand, Two Hundred Seventy-Three Dollars ($609,273) From The Emeryville Property Based Business Improvement District (PBID) Fund 805 To Cover Additional General Benefit Contribution
WHEREAS, after a vote of approval by Emeryville commercial property owners, the City Council established the Citywide Property Based Business Improvement District (PBID) to fund the Emery Go-Round Shuttle and other alternative transportation programs on July 31, 2001 (Resolution No. 01-122) in accordance with the Property and Business Improvement District Law of 1994 (California Streets and Highways Code Section 36600 et. seq.), the PBID Law, for a period of five years through Fiscal Year (FY) 2006 (service year 2006); and
WHEREAS, after a vote of approval by Emeryville commercial property owners, on July 18, 2006, the City Council, adopted Resolution No. 06-141 extending the PBID for another ten years through FY 2016 (service year 2016); and
WHEREAS, after a vote of approval by Emeryville commercial and residential property owners, on August 4, 2015, the City Council adopted Resolution No. 15-103 extending the PBID for another fifteen years through FY 2030 (service year 2030); and WHEREAS, the ETMA is a non-profit organization representing commercial and residential property owners that contribute funds to the PBID; and WHEREAS, the City Council authorized the City Manager to enter into a contract with the ETMA to administer and operate the Emery Go-Round through December 31, 2030, with each year’s compensation to be set by Council Resolution; and WHEREAS, the ETMA Board has adopted a total budget of $5,632,791 for service year 2024 of which $4,957,470 is related to the Emery Go-Round shuttle; and WHEREAS, under the ETMA contract to operate the Emery Go-Round, the annual compensation is set at the lesser of the total approved ETMA annual shuttle budget, net of the developer fees collected directly by the ETMA and certain other ETMA revenue or the annual revenue generated by the PBID, net of administrative costs and estimated uncollectable levy fees; and
WHEREAS, in FY 2024, the PBID is projected to generate $4,505,002 in revenue, net of County Assessor and administrative fees; and
DocuSign Envelope ID: 20ADC310-96D4-4C58-A74B-029FF616895F Resolution No. _____
ETMA Annual Compensation 2024
City Council Meeting | November 7, 2023
WHEREAS, PBID funds can only be used to operate the Emery Go-Round shuttle and related alternative transportation services/programs and cover the PBID’s administrative expenses including both County and City administrative fees; and WHEREAS, a General Benefit is a benefit to the public at large resulting from the implementation of District services; and
WHEREAS, the Management District Plan determined that 12.29% of the Emery GoRound users were engaged in general benefit activities; now, therefore be it RESOLVED, that the City Council of the City of Emeryville approves the ETMA 2024 Budget, attached hereto as Exhibit A; and, be it, further RESOLVED, that the City Council of the City of Emeryville hereby approves setting the compensation to the ETMA to operate the Emery Go-Round shuttle and related services during the 2024 calendar year, under the terms of the service agreement for an amount not to exceed Four Million, Five Hundred and Five Thousand, and Two Dollars ($4,505,002); and authorizes payment from the Emeryville Property Based Business Improvement District Fund 805; and be it further
RESOLVED, that the City Council of the City of Emeryville authorizes an additional Six Hundred and Nine Thousand, Two Hundred Seventy-Three Dollars ($609,273) from the Emeryville Property Based Business Improvement District Fund 805 be paid to the ETMA to cover the General Benefit contribution.
ADOPTED, by the City Council of the City of Emeryville at a regular meeting held Tuesday, November 7, 2023, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
MAYOR
ATTEST: APPROVED AS TO FORM:
CITY CLERK CITY ATTORNEY
DocuSign Envelope ID: 20ADC310-96D4-4C58-A74B-029FF616895F