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TBID Tasks and Target Dates

City Council/Public Finance and Economic Development Authority/Parking Authority
August 5, 2024

Document
TBID Tasks and Target Dates
Meeting
August 5, 2024
Body
City Council/Public Finance and Economic Development Authority/Parking Authority
Original file
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Text extracted from the city's file for reading and search. Open the original on cityofmerced.legistar1.com. That file is the official record.

ATTACHMENT 1

MERCED, CA

TOURISM BASED IMPROVEMENT DISTRICT

FORMATION TIMELINE

Target Date Action Parties
By Mid-August: Calculate annual assessments
Draft Management District Plan (MDP) for
review

Consultant
Consultant
End of August: Renewal committee consensus on MDP
Final MDP
Prepare petitions and petition packets

MHLA

Consultant
September 1st-30th: Petitions signed BY September 20th (must be greater than 50% of the budget)

MHLA
October 7, 2024: City Council approves Resolution of Intention and calls for public hearing and assessment
ballots to be mailed to all assessed hotel
property owners

City
October 11, 2024 City Clerk mails assessment ballots to all hotel property owners

City
December 2, 2024: City Council public hearing, tabulate ballots

City

Consultant – Kristin Lowell, Inc.

MHLA – Merced Hospitality and Lodging Association

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