Riviera Village
Business Improvement
District (BID)
Renewal FY 2023
Redondo Beach City Council –
December 6, 2022
RIVIERA VILLAGE BID
• First established in 2003
• Non-profit corporation oversees funding - RVA
• Businesses elect the Board for the BID
RENEWAL PROCESS
November 1, 2022:
• Received and filed the BID Advisory
Board’s Annual Report for 2023
• Declared the intent to levy an assessment
• Set Public Hearing Date
December 6, 2022:
• Hold Public Hearing
• Absent a majority protest, confirm report of
the BID Advisory Board, and approve the levy
of assessment
PROPOSED ASSESSMENT
2023 Proposed Assessments (Unchanged)
• Business License Holders
$100 + $29/employee (not to exceed $1,000)
• Property Owners
$100 + $29/rental unit (not to exceed $1,000)
• Estimated Gross Revenues: $79,000
• Planned 2023 BID Expenditures:
55.8% Beautification
33.9% Marketing
10.2% Administration
2022 ACCOMPLISHMENTS
Parklets
2022 ACCOMPLISHMENTS
Beautification
FISCAL YEAR 2023 PROJECTS
► Continue to work with the City to complete the Sidewalk Pavers Capital Improvement Project throughout the Village.
► The RVA has requested that the City reimburse the RVA for a midterm renovation to the parklets not to exceed $80k.
(pictured previous page)
► Working with the City to paint the asphalt of bike corrals, which are eligible for reimbursement as part of a $10k public art endowment from the City.
FISCAL YEAR 2023 PROJECTS
► Long-term goal to improve safety while also adding a unique feature to the Village with a Roundabout at Catalina Ave & Avenue l.
► Continue the ongoing bollards project with Chief Hoffman and Public Works to create a cohesive plan to identify, seek grants for, and install retractable bollards in the Riviera Village.
► Work with the City of Redondo Beach and the Coastal
Commission to “permanitize” the parklets.
FISCAL YEAR 2023 PROJECTS
► Further develop the website, marketing, advertising and social media program for the Village.
► Continue to meet with the Redondo Beach Travel and
Tourism (RBTT) Board to work on a consolidated map for
hotels, the pier & harbor.
► Review the method and basis for levying assessments to businesses within the BID in order to determine a possible fee increase for Fiscal Year 2024.
► Research the possibility of transitioning from an annual to multi-year contract for the renewal of the RVA BID.
RECOMMENDATION
1) Open the Public Hearing and take testimony;
2) Close the Public Hearing; and
3) Adopt Resolution No. CC-2212-107, a Resolution of
the City Council of the City of Redondo Beach,
California, Confirming the Report of the Riviera
Village Business Improvement District Advisory
Board and Levying an Assessment for Fiscal Year
2023.