Richmond City Council
May 19, 2026

Richmond Main Street Initiative, Inc. is a 501(c)(3) corporation Tax ID#: 68-0481132 | CFC #: 7672 PO Box 1414, Richmond, CA 94802O | 1600 Nevin Plaza, Richmond, CA 94801 Office: (510) 236-4049 | www.richmondmainstreet.com Board of Directors Diego Garcia Chair Sarah Wally Treasurer Billy Ward Cynthia Haden Yvette Williams Ilaf Eusf Ruben Olagues Ryan Lau Sarah Wally Executive Director March 16, 2026 City of Richmond, California City Manager Shasa Curl Subject: PBID Assessment Rates for the Upcoming Fiscal Year 2026-2027 Dear Ms. Curl: Richmond Main Street and its Board of Directors, in preparation for the upcoming Property-Based Improvement District (PBID) assessment rates for the property owners in our district, have determined that the rates will be increased by 2.4%, which is our first increase in 3 years. We continue to maintain our high level of service, hospitality and maintenance with our commitment to supporting business success, growth and economic development. We appreciate the contributions of businesses and property owners in shaping Richmond's vitality in Downtown. Thank you for your assistance with the 2026/2027 Property Assessment DRPBID tax levy which provides the funding to operate and maintain Richmond Main Street with the programs, events and services we offer to our Downtown and to the community. Together, we look forward to continuing our efforts in Downtown, business and property support, engagement, hospitality, economic development and growth. Kind Regards, Sarah Wally Diego Garcia Sarah Wally Diego Garcia Executive Director Board Chair Richmond Main Street Initiative Richmond Main Street Initiative 415 264 4624 [email protected]