10/27/2022
1 RiversideCA.gov
1 RiversideCA.gov
City Council
November 8, 2022
PUBLIC HEARING – RESOLUTION CONFIRMING
ANNUAL REPORT OF RDP AND LEVYING
RDPBIA ASSESSMENTS FOR CALENDAR YEAR
2023
Finance Department
RiversideCA.gov
2 • The Riverside Downtown Parking and Business
Improvement Area or “RDPBIA” was formed in 1985
• California Streets and Highways Code Section 36500
requires that Business Improvement Area assessments
be approved by the City Council annually
BACKGROUND
1 2
10/27/2022
2 RiversideCA.gov
3 The annual approval of the RDPBIA assessment is a two-meeting process:
Meeting 1:
• Adoption of a Resolution of Intention – October 11, 2022 • Publication of Resolution of Intention in Newspaper 7 days prior to public hearing
• Notice of public hearing mailed to all businesses within the RDPBIA Meeting 2:
• Public hearing – November 8, 2022
• Presentation from Riverside Downtown Partnership
• City Council to rule as to whether there has been a majority protest • If no majority protest, City Council recommended to adopt Resolution to confirm annual report and levying assessment for CY2023
ANNUAL APPROVAL PROCESS
RiversideCA.gov
4 RDPBIA BOUNDARIES AND ASSESSMENTS
• No changes are proposed to
the RDPBIA boundaries
• No changes are proposed to
the RDPBIA assessment method
3 4
10/27/2022
3 RiversideCA.gov
5 Strategic Priority 3 – Economic Opportunity
Goal 3.1 - Facilitate partnerships and programs to develop, attract and retain innovative business sectors
Cross-Cutting Threads
STRATEGIC PLAN ALIGNMENT
Community Trust Equity Innovation
Fiscal
Responsibility
Sustainability and
Resiliency
RiversideCA.gov
6 That the City Council:
1. Conduct a public hearing to hear and rule on any protests to the Riverside Downtown Parking and Business Improvement Area annual assessment;
2. Adopt a Resolution confirming the annual report of the Riverside Downtown Partnership acting in its capacity as the advisory board to the RDPBIA and levying assessments for calendar year 2023; and
3. Direct the Riverside Downtown Partnership to expend revenues derived from the Riverside Downtown Parking and Business Improvement Area annual assessment and to operate the
programs and activities in accordance with Chapter 3.46 of the Riverside Municipal Code and the annual report.
RECOMMENDATIONS
5 6