PUBLIC HEARING TO CONFIRM THE RIVIERA
VILLAGE BUSINESS IMPROVEMENT DISTRICT'S
CALENDAR YEAR 2025 ANNUAL REPORT AND
TO CONSIDER LEVYING AN ASSESSMENT FOR
THE DISTRICT FOR CALENDAR YEAR 2026
City Council – Item L.1.
November 18, 2025
City Council – Item L.1.
November 18, 2025
• First established in 2003
• Non-profit corporation oversees funding - RVA
Riviera Village BID
City Council – Item L.1.
November 18, 2025
November 4, 2025:
• Approved the BID Annual Report for 2025
• Re-Appointed RVA to serve as the Advisory Board
• Directed RVA to prepare 2026 report
• Declared the intent to levy an assessment on 11/18
November 18, 2025:
• Hold Public Hearing
• Confirm the 2025 report of the BID Advisory Board, and approve the levy of assessment
Renewal Process
City Council – Item L.1.
November 18, 2025
2026 Assessments
• Business License Holders:
$125 + $34/employee (not to exceed $1,400)
• Property Owners:
$125 + $34/rental unit (not to exceed $1,400)
• Estimated Gross Revenues: $99,000 to $105,000
• Planned 2025 BID Expenditures:
50% Beautification
40% Marketing
10% Administration
Proposed Assessment
City Council – Item L.1.
November 18, 2025
2025 Accomplishments
Events
$60k in profit in 2025
City Council – Item L.1.
November 18, 2025
2025 Accomplishments
Farmers Market
$24k annual income
City Council – Item L.1.
November 18, 2025
2025 Accomplishments
Planters | East side of S Catalina
City Council – Item L.1.
November 18, 2025
2025 Accomplishments
Partnerships
City Council – Item L.1.
November 18, 2025
Calendar Year 2025 Projects
• Avenida del Norte pavers installed, a
partnership between the City and BID
to complete the Sidewalk Pavers
Capital Improvement Project
throughout the Village
• Further develop current strategic
partnerships and seek more partners
City Council – Item L.1.
November 18, 2025
Calendar Year 2025 Projects
• Further develop the website,
marketing, advertising and social
media program for the Village
• Long-term goal to improve safety
while also adding a unique feature to
the Village with a Roundabout at S
Catalina Ave & Avenue l.
City Council – Item L.1.
November 18, 2025
Recommendation
Adopt Resolution No. CC-2511-089, a resolution
of the City Council of the City of Redondo
Beach, California, confirming the 2025 report of
the Riviera Village Business Improvement
District Advisory Board and levying an
assessment for calendar year 2026.