RESOLUTION NO. 15A
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORTUNA
DECLARING ITS INTENTION NOT TO LEVY AN ANNUAL ASSESSMENT FOR 2024-2025 FISCAL YEAR FOR THE FORTUNA BUSINESS IMPROVEMENT
DISTRICT
WHEREAS, in 1990, the City Council of the City of Fortuna established the Fortuna Business Improvement District (“FBID”) under the Parking and Business Improvement Area Law of 1989 (California Streets and Highways Code §§ 36500 et seq.); WHEREAS, FBID continues to confer a special benefit on those businesses subject to the annual assessment;
WHEREAS, on May 20, 2024, the Council received and filed the annual report of the FBID advisory board as modified by the City Council;
WHEREAS, pursuant to Section 36534 of the California Streets and Highways Code, the City Council, by this Resolution, provides notice of its intent to levy the annual assessment for the 2024-2025 fiscal year, as more particularly set forth below, and of the time and place for a public hearing on the levy of the proposed assessment.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL THAT:
1. The recitals set forth above are true and correct.
2. The City Council does not propose a change to the boundaries of the Fortuna Business Improvement District. The boundaries of the district shall remain as previously set by ordinance.
3. The City Council does not intend to levy and collect assessments for the 2024-2025, as detailed in the Annual Report. The City Council finds that the funds remaining from the prior year are sufficient to cover the activities of the District for the upcoming fiscal year.
The Council reserves the right to impose a levy for the subsequent fiscal year.
4. The activities and improvements authorized by section 5.40.070 of the Fortuna Municipal Code shall remain unchanged for the 2024-2025 fiscal year.
5. Reference is made hereto to the Annual Report approved by the Council on May 20, 2024, and on file with the City Clerk for a full and detailed description of the improvements and activities to be provided for the 2024-2025 fiscal year, the boundaries of the area and any benefit zones within the area, and the proposed assessments to be levied upon the businesses within the area for that fiscal year.
6. As the City Council does not intend to impose a levy for the 2024-2025 fiscal year, it is not necessary that the Council hold a public hearing on the proposed assessment.
7. This Resolution shall take effect immediately upon adoption by the City Council.
PASSED and ADOPTED at a regular meeting of the City Council of the City of Fortuna, California, on this 3rd day of June, 2024 by the following vote:
AYES:
NAYS:
ABSENT:
ABSTAIN:
__________________________
Tami Trent, Mayor
ATTEST:
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Siana L Emmons, City Clerk