RESOLUTION NO. ___
Resolution Of The City Council Of The City Of Emeryville Establishing The Fiscal Year 2025 Property And Business Improvement District (PBID) Annual Assessment Levy For The Respective Parcels Within The Improvement District With A 3% Rate Increase On All Parcels, And Approving The Preliminary Budget Submitted By The Emeryville Transportation Management Association (ETMA) For Service Year 2025 WHEREAS, the City Council established the Citywide Property and Business Improvement District (PBID) to fund the Emery Go-Round shuttle service and other alternative transportation programs on July 31, 2001 in accordance with the Property and Business Improvement District Law of 1994 (Section 36600 et. seq. California Streets and Highways Code) (the PBID Law); and
WHEREAS, on July 18, 2006, the City Council adopted Resolution No 06-141 extending the PBID for another ten years through Fiscal Year (FY) 2016 (service/calendar year 2016); and
WHEREAS, on August 4, 2015, the City Council adopted Resolution No. 15-103 extending the PBID for another 15 years through FY 2030 (service/calendar year 2030); and
WHEREAS, the City Council is authorized to set the annual assessment levy based upon the budget submitted by the ETMA acting as the PBID’s owner’s association as set forth under state law; and
WHEREAS, the ETMA presented the 2025 preliminary budget and recommended a FY 2025 annual PBID levy assessment with a 3% increase, and the Property Management Plan approved in 2015 allows for increases in the assessment up to 5% greater than the prior year’s assessment; and
WHEREAS, City staff recommends that the City Council approve EMTA’s preliminary budget for service year 2025 as a basis for determining the PBID assessment levy for FY 2025; now, therefore, be it
RESOLVED, that the City Council of the City of Emeryville hereby establishes a 3% rate increase in the PBID assessment levy for the respective parcels within the improvement district for FY 2025; and be it further
RESOLVED, that the City Council of the City of Emeryville hereby approves the preliminary Emeryville Transportation Management Association budget for service year 2025 as a basis for determining the PBID assessment levy.
DocuSign Envelope ID: 95B252C2-CF4D-4D04-86D6-2922688FFCD3 Resolution No. 24-__
Fiscal Year 2025 PBID Assessment Levy and ETMA Budget
City Council Meeting | July 2, 2024
ADOPTED, by the City Council of the City of Emeryville at a regular meeting held Tuesday, July 2, 2024, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
MAYOR
ATTEST: APPROVED AS TO FORM:
CITY CLERK SPECIAL COUNSEL
DocuSign Envelope ID: 95B252C2-CF4D-4D04-86D6-2922688FFCD3