Property and Business Improvement Districts
Prepared for City Council
July 19, 2022
2 What is a PBID?What is a PBID?
Special Assessment District Subject to Proposition 218
Used to Fund Additional Services/Activities, such as
Sidewalk Cleaning, Security, and Promotion of
Businesses
Managed by a Non-Profit Owners’ Association
5-Year Term at Formation, or 10-Year Term upon
Renewal
3 What is a PBID?What is a PBID?
1 Data Gathering
2 Special Benefit vs. General Benefit Analysis
3 Management District Plan and Engineer’s Report
4 Petition Phase
5 1st City Council Meeting: Resolution of Intention
6 Assessment Ballot Phase
7 2nd City Council Meeting: Public Hearing/Ballot
Tabulation/Resolution of Formation
4 What is a PBID?What is a PBID?
2nd City Council
Meeting: Public
Hearing/Ballot
Tabulation/Resolution
of Formation
7 A Public Hearing
B Ballot tabulation
C
If more than 50% of the proposed
assessments on ballots returned
are in favor, City Council may
Adopt a Resolution of Formation
Thank You
5
071922-H-16.PowerPoint.pdf
Long Beach City Council
July 19, 2022
- Document
- 071922-H-16.PowerPoint.pdf
- Meeting
- July 19, 2022
- Body
- Long Beach City Council
- Original file
- 263 KB
Text extracted from the city's file for reading and search. Open the original on longbeach.legistar.com. That file is the official record.