Reso. No. _____
RESOLUTION NO. ______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHMOND,
CALIFORNIA, ALLOWING THE CITY OF RICHMOND FINANCE
DEPARTMENT TO LEVY THE PROPERTY TAX ROLLS OF BUSINESSES
SUBJECT TO ASSESSMENT UNDER THE DOWNTOWN RICHMOND
PROPERTY AND BUSINESS IMPROVEMENT DISTRICT (DRPBID) ON THE ANNUAL 2024-2025 COUNTY OF CONTRA COSTA PROPERTY TAX ROLLS
WHEREAS, the Property and Business Improvement District Law of 1994, Streets and Highways Code §36600 et seq. authorizes cities and counties to establish property and business improvement districts upon petition by a weighted majority of property owners within the proposed district and affirmative ballot; and
WHEREAS, a majority of the property owners subject to assessment, weighted according to the amount of assessment to be paid by each property owner, have petitioned the City Council to renew the Downtown Richmond Property and Business Improvement District (“DRPBID”); and
WHEREAS, pursuant to California Constitution Article XIII D, ballots were mailed to property owners within the boundaries of the DRPBID, and, among those ballots returned to the City, a weighted majority of the property owners within the DRPBID have approved renewal of the DRPBID; and
WHEREAS, on July 19, 2022, the City Council adopted resolution No. 108-22 renewing the DRPBID, approving the assessment formula and levying the assessment; and
WHEREAS, DRPBID is governed in accordance with a written Management District Plan (the “Plan”), pursuant to Streets and Highways Code section 36622; and
WHEREAS, the Plan has been certified by a registered professional engineer and the original is on file with the City Clerk; and
WHEREAS, the City of Richmond has coordinated the collection of the annual assessment through an Interagency Agreement with the County of Contra Costa and forwards the funds to Richmond Main Street Initiative, Inc. serving as the administrator of the DRPBID; and
WHEREAS, the initial assessment is $0.15 per parcel square foot per year for commercial parcels; and
WHEREAS, the initial assessment to parcels owned and utilized by non-profit housing agencies was $0.08 per parcel square foot per year; and
WHEREAS, assessment rates are subject to an increase of no more than three percent per year; and
WHEREAS, the Richmond Main Street & DRPBID Board notified the City on April 4, 2024, of a determination for no increase in the amount of the annual assessment beginning in 2022-2023; and
WHEREAS, the assessment to the commercial parcel owner will remain $0.15 per parcel square foot and $0.08 for non-profit housing agency parcel owners; and
WHEREAS, there are still outstanding invoices from the fiscal year 2023-2024 amounting to $41,215.00; and
WHEREAS, the City charges one percent (1%) for the collecting and processing of these levies and the processing fee amount collected will total $2,812.28; and
WHEREAS, the City’s annual contribution to the DRPBID, for services provided to City parcels, will be $39,308.00.
Reso. No. _____
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Richmond hereby authorizes the City of Richmond Finance Department to levy the property tax rolls of businesses in the amount of annual assessments recommended by the Richmond Main Street & DRPBID Board, subject to assessment under the DRPBID on the annual 2024-2025 County of Contra Costa property tax rolls.
BE IT FURTHER RESOLVED that the City Council of the City of Richmond hereby authorizes the City of Richmond Finance Department to levy the amounts listed on the attached Exhibit A for the properties specified therein.
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***THE CLERK’S OFFICE WILL COMPLETE THE INFORMATION BELOW****
I certify that the foregoing resolution was passed and adopted by the City Council of the City of Richmond at a regular meeting thereof held on Mmmm dd, yyyy, by the following vote:
AYES: AYES:
NOES:
ABSTENTIONS:
ABSENT:
CLERK OF THE CITY OF RICHMOND
(SEAL)
Approved:
Mayor
Approved as to form:
City Attorney
State of California }
County of Contra Costa : ss.
City of Richmond }
I certify that the foregoing is a true copy of Resolution No. _____, finally passed and adopted by the City Council of the City of Richmond at a regular meeting held on Mmmm dd, yyyy.
_______________________________________
Pamela Christian, Clerk of the City of Richmond