APPROVED AS TO FORM AND LEGALITY
________________________
ORSA Counsel
OAKLAND REDEVELOPMENT
SUCCESSOR AGENCY
RESOLUTION NO. ______________ C.M.S.
SUCCESSOR AGENCY RESOLUTION AUTHORIZING PAYMENT OF
THE OAKLAND REDEVELOPMEN T SUCCESSOR AGENCY'S
CUMULATIVE FISCAL YEAR 2025-26 FAIR SHARE ASSESSMENT IN AN APPROXIMATE AMOUNT OF $3,266.79 FOR ONE OAKLAND
REDEVELOPMENT SUCCESSOR AGENCY-OWNED PROPERTY IN
THE DOWNTOWN OAKLAND COMMUNITY BENEFIT DISTRICT 2018
WHEREAS, the City of Oakland Business Improve ment Management District (BIMD) Ordinance allows for the formation of busines s improvement management districts (“BIDs”) (Chapter 4.48, Ordinance 12190. 1999); and
WHEREAS, affected property owners petitione d to form the Downtown Oakland Community Benefit District 2018 (District) under the BIMD Ordinan ce to undertake the Management Plan for the District (Plan) which is on file with the City Clerk; and
WHEREAS, the Plan provides for enhanced serv ices such as new security, crime prevention, beautification, parking resolution , sidewalk sweeping, economic development, lighting, and marketing activities with the intent of creating a positive atmo sphere in the District area (as more specifically identified in the Plan); and
WHEREAS, the Plan was prepared in accord with the provisions of the BIMD Ordinance governing the formation of the District, and has been filed with the City; and
WHEREAS, pursuant to the requirements of the law, the District was established on July 24, 2018, pursuant to Resolution No. 87323 C.M.S; and
WHEREAS, the Oakland Redevelopment Successor Agency (Successor Agency) owes a cumulative fiscal year 2025-26 fa ir share assessment of $3,266.79 for the following Successor Agency-owned property:
District APN Site Description Annual
Assessment
Downtown Oakland 2-101-1 989 Franklin $3,266.79
; and
WHEREAS, it is possible that additional properties will be transferred to the Successor Agency ownership during fiscal year 2025-26, thus increasing the Successor Ag ency’s fair share assessments; and
WHEREAS, funds to pay the assessments of aff ected Successor Agency-owned property will be budgeted as follows:
For Assessor Parcel Number 2-101-1 funds will be budgeted in the SRA Unrestricted Land Sales Proceeds Fund ( 9711)/Central District Redevelopment Organization (85245)/Rental: Miscellaneous Account (53219)/88 Franklin Garage - ROPS 84 Project (1001359)/Oakland Redevelopment Successor Agency Program (ORSA);
now, therefore, be it
RESOLVED: That the Successor Agency hereby authorizes payment of the assessments the Successor Agency-owned property located in the District in an aggregate amount of approximately $3,266.79 for the 2025-26 fiscal year assessment period from the SRA Unrestricted Land Sales Proceeds Fund (9711)/Cen tral District Redevelopment Organization (85245)/Rental:
Miscellaneous Account (53219)/8 8 Franklin Garage - ROPS 84 Project (1001359)/Oakland Redevelopment Successor Agency Program (ORSA); and be it
FURTHER RESOLVED: That the Agency Administrator is authorized to pay the fair share assessments from th e fund listed above for a ny additional properties lo cated in any of the BIDs that are transferred to Successor Agency ownership during fiscal year 2025-26.
IN SUCCESSOR AGENCY, OAKLAND, CALIFORNIA,
PASSED BY THE FOLLOWING VOTE:
AYES - BROWN, FIFE, GALLO, HOUSTON, RAMACHANDRAN, UNGER, WANG, AND
PRESIDENT JENKINS
NOES –
ABSENT –
ABSTENTION –
ATTEST: ____
ASHA REED
Secretary of the Oakland Redevelopment
Successor Agency