WHEREAS, On December 2, 2024, at 6:00pm or thereafter, the Merced City Council held a public hearing regarding the establishment of the TBID, and the City Council heard and received objections and protests, if any, to the establishment and the levy of the proposed assessment
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MERCED
DOES HEREBY RESOLVE, DETERMINE, FIND, AND ORDER AS
FOLLOWS:
A. The City Clerk has determined th at there was no majority protest. A majority protest is defined as written protests received from owners of businesses in the proposed district which would pay fifty percent (50%) or more of the total assessments proposed to be levied. Protests are weighted based on the assessment proposed to be levied on each lodging business.
B. The recitals set forth herein are adopted by the City Council as findings and they are true and correct.
C. The Merced Tourism Business Improvement District is hereby established for a five (5) year term, beginning January 1, 2025 through December 31, 2029. The Management Plan dated August, 2024 is hereby adopted.
D. The activities to be provided to be nefit businesses in the district will be funded by the levy of the assessment. The revenue from the assessment levy shall not be used: to provide activities that directly benefit businesses outside the district; to provide activities or improvements outside the TBID; or for any purpose other than the purposes specified in this Resolution, the Resolution of Intention, and the Management District Plan.
PASSED AND ADOPTED by the City Council of the City of Merced at a regular meeting held on the ____ day of ____________ 2024, by the following vote: