Staff Report - Greater Broadway Property and Business Improvement District No. 2022-01-Ballot Results

City of Sacramento
City Council Report
915 I Street, 1st Floor
Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2022-00450 7/26/2022 Consent Item 09.

Title: Greater Broadway Property and Business Improvement District No. 2022-01 - Ballot Results
File ID: 2022-00450
Location: Districts 4 and 7
Recommendation: 1) Receive and file the tabulation of assessment ballots submitted and not withdrawn before completion of the public hearing on July 19, 2022, regarding renewal of the Greater Broadway Property and Business Improvement District No. 2022-01 (District); and 2) based on the results of the tabulation, adopt a Resolution renewing the District for a ten-year term, confirming and levying an assessment, and approving the District fund budget and assessment for Fiscal Year (FY) 2022/23.

Contact: Sini Makasini, Development Project Manager, [email protected] (916) 808-7967; Sheri Smith, Special Districts Manager, [email protected] (916) 808-7204, Department of Finance
Presenter: None
Attachments:
1-Description/Analysis
2-Schedule of Proceedings
3-Resolution to Renew District
4-Exhibt A, Management District Plan
5-Exhibit B, Map of District
6-Exhibit C, District Fund Budget & Parcel Assessment
Description/Analysis
Issue Detail: The Greater Broadway Property and Business Improvement District (District) levies assessments on properties in the District to provide a higher level of services (including beautification, maintenance, safety and economic development) for properties in the District than what is provided by the City. On July 17, 2007, Council approved the initial formation of the District City of Sacramento Page 1 of 3
File ID: 2022-00450 7/26/2022 Consent Item 09.
for a five-year term (Resolution No. 2007-534). The District was formed under the California Property and Business Improvement law of 1994 found in California Streets and Highways Code section 36600 et seq. (PBID Law). When the original term expired, the District was renewed in 2012 for a ten -year term that expires on December 31, 2022. The property owners in the District have submitted petitions for a second ten-year renewal of the District that would run through December 31, 2032.

The total District assessment budget for the first year of the renewed term would be approximately $460,000. The attached District Fund Budget & Parcel Assessment document has a breakdown of the budget for the first year of the renewal term. There are 419 parcels in the District service area.

The City currently owns three parcels within the District and will benefit from the District services, as will the other property owners in the District area. The attached Management District Plan (which contains an Engineer’s Report) outlines the activities and services to be provided by the District and the special benefits conferred on property owners in the District area that justify the stated assessment amounts.

On May 31, 2022, Council adopted the Resolution of Intention (ROI) to renew the District and set July 19, 2022 as the date for the public hearing for the proposed District. A notice of public hearing was mailed to all property owners in the District on June 1, 2022.

At the conclusion of the hearing on July 19, 2022, the City Clerk tabulated the assessment ballots submitted and not withdrawn to determine whether there was a majority protest against the proposed District assessment (i.e., whether a majority of the weighted ballots submitted are opposed to the District and assessment). Based on the City Clerk’s ballot tabulation, there is not a majority protest.

As such, staff recommends that the Council adopt a resolution renewing the District for a ten-year term. Staff also recommends that the Council adopt the MDP and the District fund budget for FY2022/23 and levy the assessment.

The District did not prepare an Annual Report for FY2022/23 because the District was undergoing the renewal process and a new MDP was prepared and approved by City Council. The District will begin preparing Reports again for FY2023/24.

Policy Considerations: The recommended actions in this report are in accordance with the PBID Law.

Economic Impacts: None.

Environmental Considerations:

California Environmental Quality Act (CEQA): Renewal of the District creates a funding mechanism for services and does not have a significant effect on the environment.

Accordingly, renewal of the District does not in itself constitute a project under CEQA and is City of Sacramento Page 2 of 3
File ID: 2022-00450 7/26/2022 Consent Item 09.
therefore exempt from CEQA review pursuant to CEQA Guidelines Section 15378(b)(4).

Sustainability: Not applicable.

Commission/Committee Action: None.

Rationale for Recommendation: Approval of the attached resolution will allow the District activities to continue. District services will enhance economic development, safety, and maintenance services above what the City currently provides for the area. This also includes focused marketing, outreach, and other activities to convey a positive image, expand existing businesses and attract new businesses to the Broadway commercial corridor resulting in increased economic activity and revenue.

The Greater Broadway District (Association), which is a nonprofit entity that serves as a key partner to the City’s economic development efforts, particularly in enhancing a clean and safe environment while providing increased marketing for new business development. In addition, the Association has the potential to serve as a critical partner in identifying both business needs and opportunities, as the Association will in many instances be the first entity to be contacted by local businesses.

Financial Considerations: There are 419 assessed parcels in the PBID service area. The total District assessment budget for the first year of the renewal will be approximately $460,000. If the District is renewed, the City will continue to participate as a property owner. City-owned property will have a total first year assessment of approximately $81,000. Funding for the City property assessment will be supported by the City’s General Fund. Future assessment rates will be subject to an increase of no more than 5%annually based on the actual annual increase in costs provided by the levy of assessments upon properties that benefit from activities and services.

Local Business Enterprise (LBE): Not applicable.

City of Sacramento Page 3 of 3

SCHEDULE OF PROCEEDINGS

GREATER BROADWAY
PROPERTY AND BUSINESS IMPROVEMENT DISTRICT #2022-01
February 8, 2022 Petition Drive Kick-off
April 19, 2022 City Council - Authorization of City Manager Signature to Vote for City-Owned Property Inclusion in Renewal
May 31, 2022 City Council – Resolution of Intention to Renew July 19, 2022 City Council - Public Hearing - Ballot Count

August 1, 2022 Assessment Roll to County
July 26, 2022 City Council – Ballot Results
RESOLUTION NO.

Adopted by the Sacramento City Council

RESOLUTION RENEWING GREATER BROADWAY PROPERTY AND BUSINESS IMPROVEMENT DISTRICT NO. 2022-01, CONFIRMING AND LEVYING

ASSESSMENT, AND APPROVING DISTRICT BUDGET AND ASSESSMENT FOR FY2022/23

BACKGROUND
A. The Greater Broadway Property and Business Improvement District No. 2022-01 (District), boundaries of which are depicted in Exhibit B, was initially established in 2007 under the Property and Business Improvement District Law of 1994 (California Streets and Highways Code section 36600 et seq.) (referred to as the “PBID Law”) by City Council for a five-year term. On July 19, 2012, the District was renewed for a ten-year term which will expire on December 31, 2022.

B. The property owners within the boundaries of the District have submitted petitions to the City to renew the District for a ten-year term running from January 1, 2022 through December 31, 2032. Included with the petitions was a summary of the Management District Plan (MDP) that describes the proposed assessment to be levied on properties within the District to pay for the activities and services specified in the MDP. Accordingly, renewal of the District by the City Council is sought in accordance with Streets and Highways Code sections 36630 and 36660.

C. During the public hearing on July 19, 2022, Council: (1) heard all protests against the proposed assessment from property owners within the District; and (2) accepted testimony from all interested persons, whether or not they own property within the District.

BASED ON THE FACTS SET FORTH IN THE BACKGROUND, THE CITY COUNCIL RESOLVES AS FOLLOWS:

Section 1. The Background statements above are true and correct.

Section 2. The proposed activities and services for the District, which constitute a special benefit, include the following: (1) clean, safe, and beautiful program to support crime prevention ; reduce the incidence of nuisance crimes ; provide homeless outreach; provide maintenance services to make the corridor more attractive including litter pickup, pressure washing of sidewalks, and graffiti removal; and provide beautification services such as tree lighting, bicycle racks, and information kiosks; and (2) economic vitality services to attract, grow, and retain businesses. The proposed improvements and services for the District are all intended to make the District safer, cleaner, and increase the commercial activity. All activities and services are defined within the MDP, attached hereto and incorporated herein as Exhibit A. The MDP is also on file with the Infrastructure Finance Division of the Department of Finance, designated by the City Clerk to be the repository of documents associated with special districts.

Section 3. The total amount of the proposed assessments for the first year of the District’s renewal term is approximately $460,000. Future assessment rates will be subject to an increase of up to 5% annually and no more than the actual annual increase in costs. Exhibit C, attached hereto and incorporated herein, includes a breakdown of the assessment per parcel.

Section 4. The assessments for the renewed District will be levied on property within the District.

Section 5. Bonds will not be issued for the District.

Section 6. A description of the exterior boundaries of the proposed District is contained in Exhibit B attached hereto and incorporated herein.

Section 7. The property owners who signed the petitions collectively will pay more than 50% of the proposed assessments. Accordingly, on May 31, 2022, City Council adopted Resolution No. 2022-0152 entitled “Resolution of Intention to Renew the Greater Broadway Property and Business Improvement District No. 2022-01” (Resolution of Intention).

Section 8. On June 1, 2022, the City Clerk mailed to each property owner of record of each parcel within the District’s boundaries a notice concerning the public hearing on the renewal of the District and the proposed assessments, pursuant to Streets and Highways Code section 36623, Government Code section 53753, and City Code Chapter 3.44. Each notice included the information about the assessment and the majority protest procedure. A public hearing on renewal of the District was held by Zoom videoconference on July 19, 2022.

Section 9. During the public hearing on July 19, 2022, the City Council heard and received all objections and protests to the renewal of the District and the proposed assessment. The City Clerk has received, been given custody of, and tabulated the assessment ballots returned and not withdrawn by the owners of property located within the District. The Clerk’s Certificate of Ballot Procedure Results for the Mailed-Ballot, Property Owner Majority Protest Proceeding indicates that, of the assessment ballots signed and returned to the City Clerk, and not withdrawn, prior to the close of the public hearing on July 19, 2022, and weighting the ballots for each property according to the proportional assessment obligation of each property, 83.4 % of the assessment ballots were in favor of the renewal of the District and levy of the assessments proposed, and 16.6 % were opposed. Thus, the number of assessment ballots submitted and not withdrawn in opposition to the proposed assessment did not exceed the

number of ballots submitted and not withdrawn in favor of the proposed assessment. Therefore, a majority protest against the proposed assessment does not exist.

Section 10. Properties within the District will be subject to any amendments to the PBID Law.

Section 11. The activities and services to be conferred on the properties within the District will be funded by the levy of the assessments. Revenue from the levy of assessments shall not be used to fund services outside of the District, except for marketing or signage pointing to the District.

Section 12. The MDP for the District quantifies the amount of special benefit conferred on the properties within the District as 98.07% of the activities and services provided in the District, with 1.93% of the activities and services constituting a general benefit to people outside of the District. The total amount of all special benefits to be conferred on the properties in the District for FY2022/23 is $460,000.

Section 13. The properties within the boundaries of the District will be benefited by the activities and services to be funded by the proposed assessments and property within the District will receive a special benefit.

Section 14. The Resolution of Intention stated the City Council’s finding that the MDP satisfied all requirements of Streets and Highways Code section 36622.

The City Council hereby approves the MDP (which includes the Engineer’s Report) on the proposal to levy an annual assessment on properties within the District. The MDP is attached hereto as Exhibit A and by this reference made a part of this resolution.

Section 15. The City Council hereby renews the District for a ten-year term beginning January 1, 2023, with an expiration date of December 31, 2032, for the territory generally described in Exhibit B, attached hereto and by this reference made a part of this resolution, and as shown in the MDP.

Section 16. The City Council hereby confirms the assessment diagram and assessment roll to be recorded along with a notice in the Sacramento County Recorder’s Office pursuant to Streets and Highways Code section 36627 following adoption of this resolution of renewal, and the City Council levies the assessments detailed in the MDP on the properties within the District to fund the activities and services described in the MDP.

In accordance with Streets and Highways Code section 36631 and the MDP, the assessments to fund the activities and services for the District will be collected at the same time and in the same manner as ad valorem property taxes and will have the same lien priorities and penalties for delinquent payment.

Section 17. The City Council hereby approves the FY2022/23 annual budget and parcel assessments for the District as set forth in Exhibit C attached hereto and incorporated herein.

Section 18. The City Manager or City Manager’s designee is hereby directed to take all necessary actions to complete the renewal of the District and levy the assessments.

Section 19. The City Clerk is directed to record, in the Sacramento County Recorder’s Office, a notice and assessment diagram as required by Streets and Highways Code section 36627.

Section 20. Exhibits A, B, and C are part of this resolution.

Table of Contents:

Exhibit A: Management District Plan
Exhibit B: District Map
Exhibit C: District Budget and Parcel Assessment
City of Sacramento, California
February 8, 2022
Prepared by:

Kristin Lowell, Inc. and
Progressive Urban Management Associates
Prepared pursuant to the State of California
Property and Business Assessment District Law of 1994
and Article XIIID of the California Constitution.

Greater Broadway
Property-Based Business Improvement District
No. 2022-01
Management District Plan

EXHIBIT A

GREATER BROADWAY
Property-Based Business Improvement District
Management District Plan

Table of Contents

Section Number Page Number

1. Executive Summary ........................................................................... 1

2. GBPBID Boundary .............................................................................. 4

3. GBPBID Activity and Improvement Plan .......................................... 6

4. GBPBID Assessment Budget .......................................................... 10

5. Assessment Methodology ............................................................... 11

6. GBPBID Governance ........................................................................ 20

7. Implementation Timeline.................................................................. 21

ATTACHMENTS

A. Assessment Roll

B. Engineer’s Report

Greater Broadway PBID February 8, 2022
Management District Plan Page 1 of 19

SECTION 1: EXECUTIVE SUMMARY

The Greater Broadway Property -Based Business Improvement District (“ GBPBID”) was first established in 2007, renewed in 2012, and property owners now desire to renew it again for an additional 10-year term. Developed by the renewal steering committee, the GBPBID Management District Plan responds to today’s market opportunities, district challenges, and the City of Sacramento’s efforts in transforming the Broadway corridor.

On August 4, 2016, the City of Sacramento (“City”) approved the Broadway Complete Streets Plan (“Plan”) per City Council Resolution No. 2016 -0277. When implemented , the Plan will drastically change the flow of vehicular, bike and pedestrian traffic as it nav igates the Broadway corridor. It is currently anticipated that construction pursuant to the Plan will begin in 2023. The Plan makes recommendations for improvements along the two -mile corridor that will focus on accessibility, comfort, and safety for all modes of transportation with a stronger focus on both the bike and pedestrian experience. Upon completion, Broadway will be tr ansformed from a fast moving 4 -lane thoroughfare to 3 -lanes for vehicles plus bike lanes and improved pedestrian friendly intersections. Once complete, the Broadway corridor should experience a revitalization that will attract additional investment and ped estrian traffic. To compliment the streetscape improvements, the GBPBID is designed to enhance the pedestrian experience by providing a cleaner and safer experience throughout the corridor.

In addition, the City approved a Comprehensive Siting Plan to Address Homelessness on August 10, 2021 (see City Council Resolution No. 2021-0251) that lays out an approach to constructing emergency shelter for those experiencing homelessness under the W/X Freeway between 18 th Street and 24th Street immediately adjacent to the GBPBID boundary. The additional number of those that will be housed at any shelter may have an impact on the GBPBID which may require additional resources for increased safety and cleanliness , as the incr eased shelter population ventures beyond the shelter and potentially into the adjacent GBPBID.

To address both projects, the GBPBID needs to be responsive to the services it provides to maintain a safe and clean experience as pedestrians navigate through the district.

Summary Management Plan
Pursuant to the Property and Business Improvement District Law of 1994 (California Streets and Highways Code § 36600 et seq.) (the “PBID Law”), the GBPBID is proposed to be renewed for a 10-year term. Upon receipt of petitions signed by property owners representing greater than 50% of the GBPBID budget, the City will initiate a ballot procedure to officially renew the GBPBID.

Governed by an Owners’ Association, the GBPBID will deliver enhanced services to improve and convey special benefits to properties located within the GBPBID boundary, above and beyond those provided by the City.

The GBPBID will continue to provide and expand upon the existing improvements and activities, such as, clean ing the corridor , improving safety, beautifying the corridor , as well as economic vitality and marketing. Each of the activities is designed to meet the goals of the District; to improve the appearance and safety of the GBPBID, to increase building occupancy and lease rates, to encourage new business development and attract ancillary businesses and services.

Greater Broadway PBID February 8, 2022
Management District Plan Page 2 of 19

Location The GBPBID is approximately 2 miles long. It is roughly bounded by Broadway to the South, X Street to the north, I-5 to the west and Franklin Boulevard to the east . It will also include commercial parcels south of Broadway on the east side of Riverside Boulevard to Markham Way, plus commercial parcels on the west of 21st to Sloat Way. Please see map on page 6 for boundary details.

Services &
Activities
The GBPBID will finance services that will enhance the experience within the Broadway corridor for property owners, businesses, residents, employees, and visitors, including:

Clean, Safe, and Beautiful:
• Security Team that supports law enforcement, property owners and businesses in overall crime prevention efforts above what the City provides while providing concierge service to customers, residents, and employees.
• Homeless Outreach to address disruptive behaviors that compound maintenance issues and create an intimidating street atmosphere.
• Maintenance Services that will sweep, scrub and pressure wash sidewalks and public spaces, remove litter, trash and graffiti, and provide/maintain landscaping throughout the district.
• Beautification such as installing and operating streetscape furniture, bike racks, tree lighting, information kiosks, holiday décor, and wayfinding signage.

Economic Vitality:
• Economic Development activities to assist property owners in recruiting and retaining businesses and assist in navigating City processes.
• Marketing and Communication activities to market the corridor and sponsor events that pro-actively promote a positive image of the corridor.

Administration and Reserve:
• Administration activities that manage the GBPBID programs and communicate with stakeholders and advocates on behalf of the district.

Method of
Financing
Levy of assessments upon real property that receive a special benefit from enhanced services.

Budget Total GBPBID budget for its first year of operations in the renewal term is $460,000, as follows:

EXPENDITURES
TOTAL
BUDGET % of Budget
Clean, Safe & Beautiful $325,000 70.65%
Economic Vitality $95,000 20.65%
Administration and Reserve $40,000 8.70%
Total Expenditures $460,000 100.00%
Greater Broadway PBID February 8, 2022
Management District Plan Page 3 of 19

REVENUES
Assessment Revenues $451,101 98.07%
Other Revenues $8,899 1.93%
Total Revenues $460,000 100.00%

Assessments Commercial properties’ a nnual assessments are based upon an allocation of program costs and a calculation of lot square footage plus building square footage.

Non-commercial properties (including residential and tax exempt ) will pay an adjusted rate. These properties fully benefit from Clean, Safe, and Beautiful services but they do not benefit directly from the Economic Vitality activities, so their assessments are adjusted accordingly.

Estimated annual maximum assessment rates for the first year of the renewed GBPBID are as follows:

Land Use Lot Sq.Ft. Building Sq.Ft.

Commercial $0.0723 $0.0207
Tax Exempt $0.0516 $0.0000
Residential $0.0258 $0.0000

Increases Assessments will be subject to an annual increase of up to 5% per year to address changes in the cost of providing services. The determination of annual adjustments in assessment rates will be subject to review and approval by the GBPBID Owners’ Association and City Council and will be subject to the requirements of the PBID Law . The Owners’ Association will develop annual budgets and service programs each year which will be presented to the City Council for approval.

City Services The City has established and documented the base level of pre-existing City services. The GBPBID will not replace any pre-existing general City services.

Collection GBPBID assessments appear as a separate line item on the annual Sacramento County property tax bills.

District
Governance
The GBPBID will be managed by a nonprofit organization that will act as the GBPBID Owners’ Association . The Owners’ Association will be governed by a Board of Directors (“Board”) which shall be voted on by the property owners. The Board will determine GBPBID annual services and budgets.

Greater Broadway PBID February 8, 2022
Management District Plan Page 4 of 19

District
Formation
The PBID Law requires the submission of petitions signed by property owners in the proposed district who will pay more than 50% of the total assessments ( i.e., petitions must represent more than 50% of the $451,101 to be assessed). Petitions are submitted to the City, who then mails ballots to all assessed property owners. The majority of ballots returned, as weighted by assessments to be paid, must be in favor of the GBPBID for the City Council to approve renewal.

Duration The renewed GBPBID term will run from January 1, 2023 through December 31, 2032. Any subsequent renewal of the GBPBID will require a new Management District Plan, petition, and ballot process.

Greater Broadway PBID February 8, 2022
Management District Plan Page 5 of 19

SECTION 2: GBPBID BOUNDARY

GBPBID Boundary
The GBPBID is approximately 2 miles long. It is roughly bounded by Broadway to the South, X Street to the north, I -5 to the west and Franklin Boulevard to the east. It will also include commercial parcels south of Broadway on the east side of Riverside Boulevard to Markham Way, plus commercial parcels on the west of 21st to Sloat Way.

A map of the proposed district boundary is on the following page.

Greater Broadway PBID February 8, 2022
Management District Plan Page 6 of 19

Greater Broadway PBID February 8, 2022
Management District Plan Page 7 of 19

SECTION 3: GBPBID ACTIVITY AND IMPROVEMENT PLAN

Background and Feasibility
As stated above, both the City’s Broadway Complete Streets Plan and the Comprehensive Siting Plan to Address Homelessness will have a major impact on the district. To address both projects, the GBPBID needs to be responsive to the services it provides to maintain a safe and clean experience as pedestrians navigate through the district. As determined by GBPBID property and business owners, the top priority for services and activities within the GBPBID area include:

⧫ Clean, Safe, and Beautiful
⧫ Economic Vitality

Based upon these findings, the following service and activity categories will be funded by the GBPBID. The following narrative provides recommendations for the first year of the renewed GBPBID’s operation. District activities may be amended in subsequent years within the following general categories. Final activities and budgets will be subject to review and approval by the GBPBID Owners’ Association prior to City Council approval.

Clean, Safe and Beautiful
To respond to stakeholder priorities and guiding principles to make the Broadway corridor safer, cleaner and more beautiful, the renewed GBPBID will fund an expansion of the existing Security Team as well as increased maintenance and beautification efforts. These activities are intended to improve commerce and quality of life by making each individually assessed parcel safer, cleaner, and more attractive, which will encourage investment dollars and generate additional pedestrian traffic. The following is a multi-dimensional approach for providing a safer, cleaner , and more aesthetically appealing Broadway corridor.

Security Team:

The Security Team will provide security services for the individual parcels located within the GBPBID in the form of vehicle and/or bike patrols. The purpose of the Security Team is to prevent, deter and report illegal activities taking place on the streets, sidewalks, sto refronts, parking lots, and public alleys. The presence of the Security Team is intended to deter such illegal activities as vandalism, graffiti, narcotic use or sales, public urination, trespassing, drinking in public, prostitution, illegal panhandling, a nd illegal dumping. The safety activities will supplement, not replace, other ongoing City police, security, and patrol efforts within the GBPBID.

Greater Broadway PBID February 8, 2022
Management District Plan Page 8 of 19

Homeless Outreach:

In addition to the Security Team , a ddressing those that are experiencing homelessness and addressing disruptive behaviors from street populations is another top priority among property and business owners, citing concerns with nuisance crimes, compounding maintenance issues, and creating an intimidating street atmosphere. To assist those experiencing homelessness, the GBPBID Owners’ Association may fund a multi-faceted approach that enhances the resources already provided by the business community, City, County of Sacramento (“County”), and social service agencies. Elements of this initiative that may be supported by GBPBID assessments include Navigators trained to address issues of concern that require more nuance. This may include connecting homeless individuals with local community ser vice programs and facilitating access to care, social services , and housing. The Navigators would train with social service providers to assist in connecting street populations to appropriate services. The Navigators will supplement, not replace, other on going social services provided by the City, County, or social service agencies.

Maintenance Services:

The Clean Team consistently deals with maintenance issues within the GBPBID by providing the following cleaning and maintenance activities:

Sidewalk Maintenance: Uniformed, radio-equipped personnel sweep litter, debris, and refuse from sidewalks, and gutters, as well as public spaces of the GBPBID, and clean all sidewalk hardscape such as trash receptacles, benches, and parking meters.

Trash Collection : Collector truck personnel collect trash from sidewalk trash receptacles as needed. They are also dispatched to collect stolen shopping carts and large bulky items illegally dumped in the GBPBID.

Graffiti Removal: The Clean Team can remove graffiti using solvent and pressure washing. The GBPBID will maintain a zero -tolerance graffiti policy. All tags will aim to be removed within 48 hours of notification.

Sidewalk Pressure Washing: Pressure wash all sidewalks and public spaces on an as ne eded basis with areas of high pedestrian traffic receiving the highest concentration.

However, during drought years pressure washing may not be permitted.

Landscape Maintenance: Public landscape areas including tree wells and planters will be maintained and kept free of litter and weeds.

Special Projects : Special projects will be initiated to tackle issues that are overlooked or items that can leave a lasting impression on stakeholders in the GBPBID. Special project opportunities include painting of street fixtures to include utility boxes, benches, light poles, etc., thorough cleaning of tree wells, power washing and repair of waste cans, and thorough scrubbing and cleaning of street fixtures.

Greater Broadway PBID February 8, 2022
Management District Plan Page 9 of 19

Beautification & Placemaking:

In addition to clean and safe services, the GBPBID budget may include funds for beautification and placemaking improvements that are defined as cosmetic enhancements that improve the appearance and walkability within the GBPBID, in turn encouraging customer traffic and improved quality of life for residents. Examples of beautification improvements might include:

• Street furniture and amenities, such as benches, kiosks and lighting
• Design and installation of flowering planters and baskets • Design and installation of art and decorative elements • Holiday décor or tree lighting
• Bicycle racks and other hardware
• Urban design and/or planning services to advance beautification efforts • Other cosmetic enhancements that improve the GBPBID’s appearance

Economic Vitality
In addition to the Clean, Safe and Beautiful activities, a comprehensive economic vitality program has been included as a key component for commercial use parcels . As the Broadway corridor comes out of the COVID -19 pandemic and there is a more favorable economic climate , the activities for economic enhancements include:

Economic Development:

The special benefit to property owners from these services is increased commercial activity which directly relates to increases in lease rates and enhanced commerce. • Planning Activities
• Maintain Database (Property, Business, Contact)
• Retail & Office Recruitment Programs
• Retail & Office Retention Programs
• One-stop point of contact for all potential new businesses • Research/Studies/Data Collection

Marketing and Communication:

It is important to not only provide the services needed in the GBPBID, but to tell the story of improvement in the GBPBID. Some of the marketing programs currently in place or being considered are:
• Image and Marketing materials
• Media Advertising
• Website
• Meetings & Workshops
• Special Events
• Newsletter
• Maintain Social Media Outlets
• Restaurant/Retail Listing & Map

Greater Broadway PBID February 8, 2022
Management District Plan Page 10 of 19

Administration and Reserve
Like any business, the GBPBID will require a professional staff to properly manage programs, communicate with stakeholders and provide leadership. The GBPBID supports a professional staff that delivers programs and advocates on behalf of the parcels in the Greater Broadway corridor. The GBPBID advocacy services will provide direction on policies and issues that affect the business district.

Management services may include compensation for an Executive Director, an administrative assistant or any other staff member, or subcontractor the Owner’s Association deems necessary to manage the GBPBID programs. The management team is responsible for providing the day - to-day operations. GBPBID funds may be used to leverage additional monies from sponsorships, contracts, grants and earned income. Additional administrative costs may include accounting and annual financial reviews, insurance, program support costs including supplies, equipment and rent, County assessment collection fee, estimated at 1% of assessments, and other administration costs associated with the overhead and administrative support of programs.

A 5% reserve fund is also budgeted to provide a contingency for unforeseen program needs , GBPBID renewal, and to cover the cost of assessment delinquencies.

Greater Broadway PBID February 8, 2022
Management District Plan Page 11 of 19

SECTION 4: GBPBID ASSESSMENT BUDGET

2023 GBPBID Assessment Budget
The following table outlines the GBPBID maximum assessment budget for 2023.

EXPENDITURES
TOTAL
BUDGET % of Budget
Clean, Safe, and Beautiful $325,000 70.65%
Economic Vitality $95,000 20.65%
Administration and Reserve $40,000 8.70%
Total Expenditures $460,000 100.00%

REVENUES
Assessment Revenues $451,101 98.07%
Other Revenues (1) $8,899 1.93%
Total Revenues $460,000 100.00%
(1) Other non-assessment funding to cover the cost associated with general benefit.

Budget Adjustments
The services proposed for year one of the renewal term are the same services that are proposed for subsequent years. Assessments will be subject to an annual increase of up to 5% per year to address changes in the cost of providing services. The determination of annual adjustments in assessment rates will be subject to review and approval by the GBPBID Owners’ Association and City Council and will be subject to the requirements of the PBID Law.

10-Year Maximum Budget
The following table illustrates the GBPBID’s maximum annual budget for the 10-year renewal term based on the Year 1 of inventory of development and adjusting it by the maximum 5% increase. In subsequent years, the addition of new development will add assessable square footage that will likely increase the PBID budget to account for the additional services needed.

Clean, Safe,
& Beautiful*
Economic
Vitality
Administration
And Reserve General Benefit Total
Year 1 $316,101 $95,000 $40,000 $8,899 $460,000
Year 2 $331,906 $99,750 $42,000 $9,344 $483,000
Year 3 $348,502 $104,738 $44,100 $9,811 $507,150
Year 4 $365,927 $109,974 $46,305 $10,301 $532,508
Year 5 $384,223 $115,473 $48,620 $10,817 $559,133
Year 6 $403,434 $121,247 $51,051 $11,357 $587,090
Year 7 $423,606 $127,309 $53,604 $11,925 $616,444
Year 8 $444,786 $133,675 $56,284 $12,522 $647,266
Year 9 $467,025 $140,358 $59,098 $13,148 $679,630
Year 10 $490,377 $147,376 $62,053 $13,805 $713,611
* Less General Benefit

Greater Broadway PBID February 8, 2022
Management District Plan Page 12 of 19

Bond Issuance
No bonds will be issued to finance improvements.

Greater Broadway PBID February 8, 2022
Management District Plan Page 13 of 19

SECTION 5: ASSESSMENT METHODOLOGY

General
This Management District Plan provides for the levy of assessments for the purpose of providing services and activities that specially benefit real property in the GBPBID. These assessments are not taxes for the general benefit of the City but are assessments for the services and activities which confer special benefits upon the real property for which the services and activities are provided.

Property Use Considerations
All parcels within the GBPBID specially benefit from the GBPBID activities but not to the same degree. The proportional special benefit and assessment methodology provides the following considerations for properties used exclusively for Tax Exempt, and Residential purposes:

Treatment of Tax Exempt Uses: At the time of the GBPBID renewal there are 8 Tax Exempt non- conforming use parcels in the GBPBID boundary:

• Sacramento Housing and Redevelopment Agency (SHRA) property (APN 009-0030-040- 0000)
• City Cemetery (APN 009-0030-030-0000)
• City fire department and park (APN 009-0030-001-0000) • State of California DMV (APN 010-0236-017-0000)
• Buddhist Church (APN 009-0251-021-0000)
• Roman Catholic Church (APN 009-0321-060-0000)
• Sacramento Unified School District (APNs 009-0237-001-0000, 009-0237-013-0000)

Since the GBPBID is aimed at providing services to commercial use parcels, these 8 tax exempt non-conforming use parcels do not require nor receive the same level of benefit as all other parcels in the GBPBID. These parcels will fully benefit from the Clean, Safe, and Beautiful activities and will pay their proportionate share of these services. However, the services identified under Economic Vitality are aimed at promoting and encouraging commerce in the district area, which are not the primary goals of these parcels. Therefore, these parcels will not receive special benefit from these Economic Vitality activities and thus will not be assessed for those services. If an owner of one of these parcels chooses to fully participate in the GBPBID, it must agree in writing to the GBPBID assessment. The Owners’ Association will annually review the status of the Tax Exempt parcels and calculate the assessments accordingly.

Treatment of Residential Parcels: Like the Tax Exempt parcels, Residential parcels do not require nor receive the same level of service as the commercial use parcels. Due to their unique nature and significantly lower pedestrian traffic, residential parcels will receive one half the level of service from the Clean, Safe, and Beautiful activities, and therefore will be assessed at 50% the rate for this activity. In addition, like the Tax Exempt parcels, residential parcels will not receive any special benefit from the Economic Vitality activities and thus will not be assessed for those services.

Greater Broadway PBID February 8, 2022
Management District Plan Page 14 of 19

The modification of use for an assessed parcel within the GBPBID may then change upwards or downwards the amount of total lot and building square footage assessment for that parcel. In future years, determination of the special benefits bestowed upon individual assessed parcels may change in accordance with the assessment methodology formula listed in this Management District Plan and Engineer’s Report, but the assessment formula itself can only be changed in accordance with the provisions of the PBID Law and any other applicable laws.

Assessment Factors
The methodology to levy assessments upon real property that receives special benefits from the services and activities of the GBPBID is Lot Square Footage for all parcels plus Building Square Footage for commercial parcels only. To determine the benefit relationship between the assessed parcels we assign Benefit Units to every parcel. In this way, we relate the building square footage and lot square footage of each parcel to all other parcels in the GBPBID. These factors are an equitable way to identify the proportional special benefit that each of the parcels receive. Building square footage for commercial parcels is relevant to the current use of a property and is also closely correlated to the potential pedestrian traffic from each commercial parcel and the demand for GBPBID activities, as commercial parcels generate more pedestrian traffic than non- commercial parcels. Whereas a parcel’s lot square footage reflects the long-term value implications of the GBPBID, which specially benefits all properties in the GBPBID. Together, these factors serve as the basic unit of measure to calculate how much special benefit each parcel receives in relationship to other parcels in the GBPBID, which is the basis to then proportionately allocate the cost of the special benefits.

Building square footage is defined as the total building square footage as determined by the outside measurements of a building. The gross building square footage is taken from the County Assessor’s records. Building square footage plus lot square footage is used as the factor to assess the Economic Vitality budget to commercial use parcels within the GBPBID.

Lot square footage is defined as the total amount of area within the boundaries of the parcel.

The boundaries of a parcel are defined on the County Assessor parcel maps. Lot square footage is used as the factor to assess the cost of Clean, Safe and Beautiful as well as Administration and Reserve to all properties within the GBPBID. In addition, lot square footage plus building square footage is used as the factor to assess the Economic Vitality budget to commercial use parcels.

Each one of these factors represents the Benefit Units allocated to each specially benefitted parcel. For Tax-Exempt parcels, the Benefit Units for lot square footage reflects the no charge for Economic Vitality services. For Residential parcels, the Benefit Units for lot square footage reflects the 50% reduction for Clean, Safe and Beautiful services as w ell as the no charge for Economic Vitality services, as discussed above. The total number of assessable Benefit Units in the GBPBID are as follows:

Greater Broadway PBID February 8, 2022
Management District Plan Page 15 of 19

Factor
Benefit Units
Commercial Tax-Exempt Residential
Building Square Footage 1,462,673 0 0
Lot Square Footage 3,562,554 2,755,720 411,125

Assessment Methodology
The proportionate special benefit each assessed parcel receives shall be determined in relationship to the entirety of the cost of the GBPBID services and activities, as noted above.

Parcels will be assessed at a rate which is proportionate to the amount of special benefits received from GBPBID services . Only special benefits are assessable, and these benefits must be separated from any general benefits. As required by the California Constitution Article XIIID Section 4(a), the general benefits of an assessment district must be quantified and separated out so that the cost of the activities that are attributed to general benefit are deducted from the cost assessed against each speciall y benefitted parcel. General benefits are benefits from the GBPBID services and activities that are not : special in nature, “particular and distinct ,” or over and above the benefits that other parcels receive. The attached Engineer’s Report has calculated that 1.93% of the GBPBID activities is general in nature and will be funded from sources other than special assessments (see Section E of the Engineer’s Report for discussion of special and general benefits).

Calculation of Assessments
The GBPBID services and activities will be provided uniformly throughout the district. The cost of the special benefits received from these services is apportioned in direct relationship to each parcel’s use, building square footage and lot square frontage as discussed above. Each parcel is assigned a proportionate benefit unit for each building square foot for commercial parcels, and lot square foot for all parcels. For Residential parcels, the Benefit Units for lot square footage reflects a 50% reduction because Residential parcels do not benefit from Economic Vitality services , as discussed above. The sum of the total assessable Benefit Units in the GBPBID is then divided into the assessment budget to determine the assessment rate for each b enefit unit. The total number of assessable Benefit Units in the GBPBID is as follows:

Factor
Benefit Units
Commercial Tax-Exempt Residential TOTAL
Building Square Footage 1,462,673 0 0 1,462,673
Lot Square Footage 3,562,554 2,755,720 411,125 6,729,399

Assessment Rates
Based on the special benefit factors, property use type and assessment methodology discussed above, the following table illustrates the GBPBID’s maximum annual assessment rates per property use type for the 10-year life term, adjusting it by the maximum 5% increase. The assessment rate calculations are attached in the Engineer’s Report, Section G.

Greater Broadway PBID February 8, 2022
Management District Plan Page 16 of 19

Maximum Annual Assessment Rates
Property Use Year 1 Year 2 Year 3 Year 4 Year 5
Commercial - Lot SF $0.0723 $0.0759 $0.0797 $0.0837 $0.0879 Commercial - Building SF $0.0207 $0.0217 $0.0228 $0.0240 $0.0252 Tax Exempt: Lot SF $0.0516 $0.0542 $0.0569 $0.0597 $0.0627 Residential: Lot SF $0.0258 $0.0271 $0.0284 $0.0299 $0.0313

Maximum Annual Assessment Rates
Property Use Year 6 Year 7 Year 8 Year 9 Year 10
Commercial - Lot SF $0.0922 $0.0969 $0.1017 $0.1068 $0.1121 Commercial - Building SF $0.0264 $0.0277 $0.0291 $0.0306 $0.0321 Tax Exempt: Lot SF $0.0658 $0.0691 $0.0726 $0.0762 $0.0800 Residential: Lot SF $0.0329 $0.0346 $0.0363 $0.0381 $0.0400

Sample Parcel Assessment
The assessment for a commercial parcel with 2,000 building square feet, and 4,000 lot square feet is calculated as follows:

Bldg square footage x the assessment rate (2,000 x $0.0207) = $ 41.48 Lot square footage x the assessment rate (4,000 x $0.0723) = $ 289.04 Initial annual parcel assessment $ 330.52

The assessment for a Tax-Exempt parcel with 4,000 lot square feet is calculated as follows:

Lot square footage x the assessment rate (4,000 x $0.0516) = $ 206.40 Initial annual parcel assessment $ 206.40

The assessment for a residential parcel with 4,000 lot square feet is calculated as follows:

Lot square footage x the assessment rate (4,000 x $0.0258) = $ 103.04 Initial annual parcel assessment $ 103.04

Annual Assessment Adjustments
Budget Adjustment
Assessments will be subject to an annual increase of up to 5% per year to address changes in the cost of providing services. The determination of annual adjustments in assessment rates will be subject to review and approval by the GBPBID Owners’ Association and City Council and will be subject to the requirements of the PBID Law.

Greater Broadway PBID February 8, 2022
Management District Plan Page 17 of 19

GBPBID Guidelines
Time and Manner for Collecting Assessments
As provided by state law, the GBPBID assessment will appear as a separate line item on annual property tax bills prepared by the County of Sacramento. The Sacramento City Clerk’s Office may direct bill any property owners whose special assessment does not appear on the tax rolls for each year of the GBPBID term. The assessments shall be collected at the same time and in the same manner as for the ad valorem property tax paid to the County of Sacramento. These assessments shall provide for the same lien priority and penalties for delinquent payment as is provided for the ad valorem property tax.

Disestablishment
State law provides for the disestablishment of a GBPBID pursuant to an annual process. The 30- day period begins each year on the anniversary day that the City Council first established the GBPBID. Within this annual 30-day period, if the owners of real property who pay more than 40% of the assessments levied submit a written petition for disestablishment, the GBPBID may be dissolved by the City Council. The City Council must hold a public hearing on the proposed disestablishment before voting on whether to disestablish the GBPBID.

Duration
The GBPBID will have a ten-year term commencing January 1, 2023 through December 31, 2032.

Any major modifications or new or increased assessments during the term of the GBPBID that are not consistent with the provisions of this Management District Plan will require a new mail ballot process.

Future Development
As a result of continued development, the GBPBID may experience the addition or subtraction of assessable footage for parcels included and assessed within the GBPBID boundaries. The modification of parcel improvements assessed within the GBPBID may then change upwards or downwards the amount of total fo otage assessment for these parcels, pursuant to Government Code 53750(h)(3), and such change will be prorated to the date the parcel receives the temporary and/or permanent certificate of occupancy.

In future years, the assessments for the special benefit s bestowed upon the included GBPBID parcels may change in accordance with the assessment methodology formula identified in the Management District Plan and Engineer’s Report provided the assessment rate does not change.

The assessment formula can only be changed in accordance with the provisions of the PBID Law and any other applicable laws.

Greater Broadway PBID February 8, 2022
Management District Plan Page 18 of 19

SECTION 6: GBPBID GOVERNANCE

City Council
Following the submission of petitions from property owners representing more than 50% of the assessments to be paid, the City Council, upon holding a public hearing on the proposed GBPBID, may renew the GBPBID. The GBPBID is renewed by a City Council resolution, including the levy of an assessment on property, if the assessment is first approved by parcel owners in a balloting process.

GBPBID Governance
The PBID Law establishes a governance framework that allows property owners who pay assessments the ability to determine how the assessments are used. This Management District Plan may be subject to changes if California state law or the Sacramento City Code changes.

Greater Broadway PBID
The GBPBID will contract with a nonprofit organization that will act as the Owners’ Association and governing board for the GBPBID. The role of the Owners ’ Association is consistent with similar PBIDs and management organizations throughout California and the nation. The Owners’ Association determines budgets, proposes any assessment adjustments and monitors service delivery. As part of the Management District Plan, the nonprofit organization oversees the delivery of day-to-day GBPBID activities.

Pursuant to the PBID Law, the Owners’ Association Board of Directors is subject to disclosure and notification guidelines set by the Ralph M. Brown Act and California Public Records Act when conducting PBID business.

The GBPBID Owners’ Association Board of Directors will represent a cross section of property owners found throughout the district. The goal and spirit of the board’s composition is to have a majority of property owners represented, but also include representatives from businesses, government, and residents that pay GBPBID assessments.

Greater Broadway PBID February 8, 2022
Management District Plan Page 19 of 19

SECTION 7: IMPLEMENTATION TIMELINE

For the GBPBID to meet the start -up date of January 1, 2023 , the renewal process needs to adhere to the following schedule:

Renewal Schedule Dates
Draft Management District Plan and Engineer’s Report - City Review Winter 2021/2022 Petitions distributed to property owners Feb 2022
Education campaign to obtain signed petitions: presentations, neighborhood meetings, 50% weighted vote targeting
Feb-Mar 2022
City Council accepts petitions; adopts resolution of intention to consider establishment; sets a public hearing; accepts the Engineer’s Report; authorizes the mailing of ballots
April 2022
City Council holds public hearing and tabulates assessment ballots, adopts resolution approving the district renewal and levying of the assessments
June 2022

ATTACHMENT A: ASSESSMENT ROLL

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
00900300010000 715 BROADWAY Govt/NP 245,243 $0.0516 $12,647.85 10,188 $0.00 $12,647.85 00900300300000 1000 BROADWAY Govt/NP 1,325,966 $0.0516 $68,383.70 0 $0.00 $68,383.70 00900300400000 652 BROADWAY Govt/NP 442,570 $0.0516 $22,824.55 0 $0.00 $22,824.55 00902220050000 BROADWAY Commercial 7,480 $0.0723 $540.64 0 $0.0207 $0.00 $540.64 00902230070000 230 BROADWAY Commercial 37,500 $0.0723 $2,710.42 0 $0.0207 $0.00 $2,710.42 00902310050000 301 BROADWAY Commercial 45,302 $0.0723 $3,274.33 17,900 $0.0207 $370.62 $3,644.95 00902320050000 431 BROADWAY Commercial 12,800 $0.0723 $925.16 1,799 $0.0207 $37.25 $962.40 00902320090000 2400 5TH ST Commercial 23,520 $0.0723 $1,699.97 1,274 $0.0207 $26.38 $1,726.35 00902320160000 417 BROADWAY Commercial 12,800 $0.0723 $925.16 2,760 $0.0207 $57.15 $982.30 00902320170000 2415 3RD ST Commercial 39,204 $0.0723 $2,833.58 121,762 $0.0207 $2,521.09 $5,354.67 00902320180000 3RD ST Commercial 17,380 $0.0723 $1,256.19 0 $0.0207 $0.00 $1,256.19 00902350010000 2415 5TH ST Commercial 25,600 $0.0723 $1,850.31 1,634 $0.0207 $33.83 $1,884.14 00902350020000 2400 6TH ST Commercial 25,600 $0.0723 $1,850.31 14,340 $0.0207 $296.91 $2,147.22 00902350030000 2416 6TH ST Commercial 6,534 $0.0723 $472.26 0 $0.0207 $0.00 $472.26 00902350040000 523 BROADWAY Commercial 19,200 $0.0723 $1,387.73 9,110 $0.0207 $188.62 $1,576.36 00902350050000 BROADWAY Commercial 1,600 $0.0723 $115.64 0 $0.0207 $0.00 $115.64 00902350060000 513 BROADWAY Commercial 4,800 $0.0723 $346.93 1,524 $0.0207 $31.55 $378.49 00902350070000 511 BROADWAY Commercial 6,400 $0.0723 $462.58 2,400 $0.0207 $49.69 $512.27 00902350080000 501 BROADWAY Commercial 12,800 $0.0723 $925.16 2,464 $0.0207 $51.02 $976.17 00902370010000 2535 5TH ST Govt/NP 26,250 $0.0516 $1,353.78 9,044 $0.00 $1,353.78 00902370020000 519 1ST AVE Commercial 8,712 $0.0723 $629.68 2,652 $0.0207 $54.91 $684.59 00902370030000 523 1ST AVE Commercial 8,712 $0.0723 $629.68 1,125 $0.0207 $23.29 $652.98 00902370040000 601 1ST AVE Commercial 45,302 $0.0723 $3,274.33 17,059 $0.0207 $353.21 $3,627.54 00902370050000 524 BROADWAY Commercial 7,500 $0.0723 $542.08 2,208 $0.0207 $45.72 $587.80 00902370060000 600 BROADWAY Commercial 7,405 $0.0723 $535.22 20,000 $0.0207 $414.10 $949.32 00902370070000 534 BROADWAY Commercial 7,405 $0.0723 $535.22 0 $0.0207 $0.00 $535.22 00902370080000 600 BROADWAY Commercial 24,309 $0.0723 $1,757.00 0 $0.0207 $0.00 $1,757.00

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
00902370100000 514 BROADWAY Commercial 15,000 $0.0723 $1,084.17 0 $0.0207 $0.00 $1,084.17 00902370130000 425 1ST AVE Govt/NP 63,598 $0.0516 $3,279.92 0 $0.00 $3,279.92 00902370170000 401 1ST AVE Commercial 28,184 $0.0723 $2,037.08 1,472 $0.0207 $30.48 $2,067.56 00902370180000 2555 3RD ST Residential 35,000 $0.0258 $902.52 19,415 $0.00 $902.52 00902370210000 400 BROADWAY Commercial 142,441 $0.0723 $10,295.32 51,874 $0.0207 $1,074.05 $11,369.38 00902370250000 514 BROADWAY Commercial 4,700 $0.0723 $339.71 0 $0.0207 $0.00 $339.71 00902370260000 524 BROADWAY Commercial 2,350 $0.0723 $169.85 0 $0.0207 $0.00 $169.85 00902370270000 BROADWAY Commercial 12,316 $0.0723 $890.17 0 $0.0207 $0.00 $890.17 00902370280000 500 BROADWAY Commercial 19,700 $0.0723 $1,423.87 9,026 $0.0207 $186.88 $1,610.76 00902410070000 801 BROADWAY Commercial 25,600 $0.0723 $1,850.31 12,000 $0.0207 $248.46 $2,098.77 00902410090000 2410 9TH ST Commercial 51,401 $0.0723 $3,715.15 29,792 $0.0207 $616.85 $4,332.00 00902420210000 915 BROADWAY Commercial 77,101 $0.0723 $5,572.69 45,492 $0.0207 $941.91 $6,514.61 00902420220000 910 X ST Commercial 31,581 $0.0723 $2,282.61 17,103 $0.0207 $354.12 $2,636.72 00902440010000 1001 BROADWAY Commercial 6,053 $0.0723 $437.50 1,578 $0.0207 $32.67 $470.17 00902440050000 1020 YALE ST Residential 6,033 $0.0258 $155.57 1,365 $0.00 $155.57 00902440060000 1024 YALE ST Residential 5,987 $0.0258 $154.38 966 $0.00 $154.38 00902440170000 1029 BROADWAY Residential 2,515 $0.0258 $64.85 0 $0.00 $64.85 00902440190000 1031 BROADWAY Commercial 2,680 $0.0723 $193.70 0 $0.0207 $0.00 $193.70 00902440210000 1039 BROADWAY Commercial 2,648 $0.0723 $191.39 0 $0.0207 $0.00 $191.39 00902440220000 1049 BROADWAY Commercial 17,830 $0.0723 $1,288.71 6,110 $0.0207 $126.51 $1,415.22 00902510150000 1228 X ST Commercial 6,400 $0.0723 $462.58 4,898 $0.0207 $101.41 $563.99 00902510160000 1232 X ST Residential 3,049 $0.0258 $78.62 1,043 $0.00 $78.62 00902510170000 1236 X ST Residential 3,049 $0.0258 $78.62 1,954 $0.00 $78.62 00902510180000 1228 X ST Commercial 3,200 $0.0723 $231.29 3,200 $0.0207 $66.26 $297.55 00902510190000 2414 13TH ST Commercial 3,049 $0.0723 $220.38 1,248 $0.0207 $25.84 $246.21 00902510210000 2401 RIVERSIDE BLVD Govt/NP 60,113 $0.0516 $3,100.19 36,268 $0.00 $3,100.19 00902510230000 1226 X ST Commercial 6,341 $0.0723 $458.31 4,898 $0.0207 $101.41 $559.73 00902510240000 1220 X ST Commercial 6,593 $0.0723 $476.53 0 $0.0207 $0.00 $476.53 00902520020000 BROADWAY Commercial 871 $0.0723 $62.95 0 $0.0207 $0.00 $62.95 00902520080000 1223 BROADWAY Commercial 9,600 $0.0723 $693.87 6,400 $0.0207 $132.51 $826.38

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
00902520090000 1233 BROADWAY Commercial 4,800 $0.0723 $346.93 3,960 $0.0207 $81.99 $428.93 00902520100000 2422 13TH ST Commercial 4,819 $0.0723 $348.31 6,640 $0.0207 $137.48 $485.79 00902520150000 1101 BROADWAY Commercial 25,000 $0.0723 $1,806.95 1,328 $0.0207 $27.50 $1,834.44 00902520160000 1211 BROADWAY Commercial 24,000 $0.0723 $1,734.67 6,272 $0.0207 $129.86 $1,864.53 00902530010000 2411 13TH ST Commercial 6,400 $0.0723 $462.58 0 $0.0207 $0.00 $462.58 00902530020000 2401 13TH ST Commercial 6,534 $0.0723 $472.26 0 $0.0207 $0.00 $472.26 00902530030000 1306 X ST Commercial 6,534 $0.0723 $472.26 0 $0.0207 $0.00 $472.26 00902530040000 1314 X ST Commercial 6,400 $0.0723 $462.58 0 $0.0207 $0.00 $462.58 00902530050000 1318 X ST Commercial 12,800 $0.0723 $925.16 0 $0.0207 $0.00 $925.16 00902530060000 2400 14TH ST Commercial 4,356 $0.0723 $314.84 1,956 $0.0207 $40.50 $355.34 00902530070000 2408 14TH ST Residential 3,485 $0.0258 $89.87 1,042 $0.00 $89.87 00902530080000 2412 14TH ST Residential 4,792 $0.0258 $123.57 0 $0.00 $123.57 00902530140000 1301 BROADWAY Commercial 12,000 $0.0723 $867.33 6,949 $0.0207 $143.88 $1,011.21 00902530160000 1331 BROADWAY Commercial 24,000 $0.0723 $1,734.67 13,738 $0.0207 $284.45 $2,019.11 00902530170000 1313 BROADWAY Commercial 9,975 $0.0723 $720.97 6,612 $0.0207 $136.90 $857.87 00902530180000 1309 BROADWAY Commercial 3,006 $0.0723 $217.27 3,604 $0.0207 $74.62 $291.89 00902540040000 2400 15TH ST Commercial 26,876 $0.0723 $1,942.54 1,682 $0.0207 $34.83 $1,977.36 00902540070000 1400 X ST Commercial 28,258 $0.0723 $2,042.43 9,770 $0.0207 $202.29 $2,244.71 00902540100000 1429 BROADWAY Commercial 15,986 $0.0723 $1,155.43 3,000 $0.0207 $62.12 $1,217.55 00902540110000 1401 BROADWAY Commercial 37,488 $0.0723 $2,709.55 14,400 $0.0207 $298.15 $3,007.70 00902610010000 2407 15TH ST Commercial 12,800 $0.0723 $925.16 7,088 $0.0207 $146.76 $1,071.91 00902610020000 1510 X ST Commercial 6,534 $0.0723 $472.26 691 $0.0207 $14.31 $486.57 00902610090000 1525 BROADWAY Commercial 12,000 $0.0723 $867.33 2,442 $0.0207 $50.56 $917.90 00902610100000 1515 BROADWAY Commercial 24,000 $0.0723 $1,734.67 9,626 $0.0207 $199.31 $1,933.97 00902610110000 2416 16TH ST Commercial 12,000 $0.0723 $867.33 7,950 $0.0207 $164.61 $1,031.94 00902610120000 2400 16TH ST Commercial 19,200 $0.0723 $1,387.73 13,285 $0.0207 $275.07 $1,662.80 00902610130000 1520 X ST Commercial 12,800 $0.0723 $925.16 4,800 $0.0207 $99.38 $1,024.54 00902620010000 1500 BROADWAY Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 00902620020000 1506 BROADWAY Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 00902620030000 1508 BROADWAY Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
00902620040000 1518 BROADWAY Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 00902620050000 1518 BROADWAY Commercial 3,920 $0.0723 $283.33 32,539 $0.0207 $673.72 $957.05 00902620060000 2504 LAND PARK DR Commercial 8,276 $0.0723 $598.17 0 $0.0207 $0.00 $598.17 00902620070000 LAND PARK DR Residential 17,875 $0.0258 $460.93 0 $0.00 $460.93 00902640010000 2415 16TH ST Commercial 3,247 $0.0723 $234.69 748 $0.0207 $15.49 $250.17 00902640070000 1616 X ST Residential 3,247 $0.0258 $83.73 3,468 $0.00 $83.73 00902640090000 1622 X ST Residential 6,534 $0.0258 $168.49 1,340 $0.00 $168.49 00902640100000 2400 17TH ST Residential 3,049 $0.0258 $78.62 1,264 $0.00 $78.62 00902640110000 2408 17TH ST Residential 3,049 $0.0258 $78.62 1,262 $0.00 $78.62 00902640120000 2410 17TH ST Residential 3,049 $0.0258 $78.62 780 $0.00 $78.62 00902640130000 2414 17TH ST Residential 3,049 $0.0258 $78.62 946 $0.00 $78.62 00902640140000 2418 17TH ST Commercial 6,494 $0.0723 $469.37 2,439 $0.0207 $50.50 $519.87 00902640220000 2401 16TH ST Commercial 16,237 $0.0723 $1,173.57 1,512 $0.0207 $31.31 $1,204.88 00902640230000 1614 X ST Commercial 9,742 $0.0723 $704.13 2,953 $0.0207 $61.14 $765.27 00902640240000 1601 BROADWAY Commercial 20,574 $0.0723 $1,487.04 5,835 $0.0207 $120.81 $1,607.86 00902640250000 1631 BROADWAY Commercial 24,886 $0.0723 $1,798.71 10,490 $0.0207 $217.20 $2,015.90 00902650010000 1600 BROADWAY Commercial 11,700 $0.0723 $845.65 4,662 $0.0207 $96.53 $942.18 00902650020000 1614 BROADWAY Commercial 4,012 $0.0723 $289.98 0 $0.0207 $0.00 $289.98 00902650030000 1618 BROADWAY Commercial 4,011 $0.0723 $289.91 3,464 $0.0207 $71.72 $361.63 00902650040000 1620 BROADWAY Commercial 4,013 $0.0723 $290.05 1,168 $0.0207 $24.18 $314.23 00902650050000 1626 BROADWAY Commercial 4,015 $0.0723 $290.20 3,200 $0.0207 $66.26 $356.45 00902650060000 2522 17TH ST Commercial 5,563 $0.0723 $402.08 4,726 $0.0207 $97.85 $499.93 00902650120000 2500 16TH ST Commercial 9,800 $0.0723 $708.32 5,372 $0.0207 $111.23 $819.55 00902650160000 LAND PARK DR Commercial 9,763 $0.0723 $705.65 0 $0.0207 $0.00 $705.65 00902660010000 2415 17TH ST Residential 3,049 $0.0258 $78.62 1,006 $0.00 $78.62 00902660020000 2411 17TH ST Residential 3,049 $0.0258 $78.62 816 $0.00 $78.62 00902660030000 2401 17TH ST Residential 3,049 $0.0258 $78.62 1,136 $0.00 $78.62 00902660040000 1704 X ST Residential 3,049 $0.0258 $78.62 1,098 $0.00 $78.62 00902660090000 1726 X ST Residential 3,049 $0.0258 $78.62 816 $0.00 $78.62 00902660100000 2402 18TH ST Residential 3,049 $0.0258 $78.62 2,382 $0.00 $78.62

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
00902660110000 2412 18TH ST Residential 3,049 $0.0258 $78.62 1,113 $0.00 $78.62 00902660120000 2414 18TH ST Residential 3,049 $0.0258 $78.62 2,508 $0.00 $78.62 00902660160000 1717 BROADWAY Commercial 12,164 $0.0723 $879.19 3,960 $0.0207 $81.99 $961.18 00902660170000 1701 BROADWAY Commercial 6,083 $0.0723 $439.67 2,400 $0.0207 $49.69 $489.36 00902660200000
1714 X ST BROADWAY
ALY Residential 2,822 $0.0258 $72.77 1,273 $0.00 $72.77 00902660210000 2417 17TH ST Residential 3,049 $0.0258 $78.62 1,024 $0.00 $78.62 00902660220000 2416 18TH ST Commercial 12,093 $0.0723 $874.06 5,752 $0.0207 $119.10 $993.15 00902660230000 2421 17TH ST Commercial 12,153 $0.0723 $878.39 8,935 $0.0207 $185.00 $1,063.39 00902660240000 1714 X ST Commercial 12,973 $0.0723 $937.66 6,145 $0.0207 $127.23 $1,064.89 00902660250000 1716 X ST Residential 5,996 $0.0258 $154.62 1,164 $0.00 $154.62 00902660260000 1722 X ST Residential 6,982 $0.0258 $180.04 2,295 $0.00 $180.04 00902670010000 1700 BROADWAY Commercial 4,851 $0.0723 $350.62 6,540 $0.0207 $135.41 $486.03 00902670020000 1704 BROADWAY Commercial 4,024 $0.0723 $290.85 1,440 $0.0207 $29.82 $320.66 00902670030000 1708 BROADWAY Commercial 4,026 $0.0723 $290.99 3,440 $0.0207 $71.23 $362.22 00902670040000 1710 BROADWAY Commercial 8,059 $0.0723 $582.49 3,360 $0.0207 $69.57 $652.06 00902670050000 1720 BROADWAY Commercial 6,048 $0.0723 $437.14 0 $0.0207 $0.00 $437.14 00902670060000 1724 BROADWAY Commercial 5,043 $0.0723 $364.50 3,725 $0.0207 $77.13 $441.62 00902670070000 1730 BROADWAY Commercial 5,532 $0.0723 $399.84 4,200 $0.0207 $86.96 $486.80 00902700370000 Residential 273,992 $0.0258 $7,065.27 $0.00 $7,065.27 00902860020000 1ST AVE Commercial 7,094 $0.0723 $512.74 0 $0.0207 $0.00 $512.74 00902860030000 1ST AVE Commercial 9,072 $0.0723 $655.70 0 $0.0207 $0.00 $655.70 00902860040000 1ST AVE Commercial 7,447 $0.0723 $538.25 0 $0.0207 $0.00 $538.25 00902860050000 1ST AVE Commercial 7,380 $0.0723 $533.41 0 $0.0207 $0.00 $533.41 00902860060000 2600 5TH ST Commercial 39,156 $0.0723 $2,830.11 0 $0.0207 $0.00 $2,830.11 00902860070000 2601 5TH ST Commercial 15,000 $0.0723 $1,084.17 18,500 $0.0207 $383.04 $1,467.21 00902860080000 2601 5TH ST Commercial 15,000 $0.0723 $1,084.17 0 $0.0207 $0.00 $1,084.17 00902860090000 2601 5TH ST Commercial 15,000 $0.0723 $1,084.17 0 $0.0207 $0.00 $1,084.17 00902860100000 2601 5TH ST Commercial 30,063 $0.0723 $2,172.89 0 $0.0207 $0.00 $2,172.89 00902860190000 2600 5TH ST Commercial 2,350 $0.0723 $169.85 0 $0.0207 $0.00 $169.85

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
00902860200000 2600 5TH ST Commercial 2,350 $0.0723 $169.85 0 $0.0207 $0.00 $169.85 00902860210000 2600 5TH ST Commercial 2,350 $0.0723 $169.85 0 $0.0207 $0.00 $169.85 00902860220000 2600 5TH ST Commercial 2,350 $0.0723 $169.85 0 $0.0207 $0.00 $169.85 00902860230000 2600 5TH ST Commercial 12,267 $0.0723 $886.63 0 $0.0207 $0.00 $886.63 00902860240000 2601 5TH ST Commercial 21,150 $0.0723 $1,528.68 0 $0.0207 $0.00 $1,528.68 00902860250000 2601 5TH ST Commercial 2,820 $0.0723 $203.82 0 $0.0207 $0.00 $203.82 00902910160000 2631 RIVERSIDE BLVD Commercial 11,301 $0.0723 $816.81 4,236 $0.0207 $87.71 $904.52 00902910180000 2505 RIVERSIDE BLVD Commercial 5,752 $0.0723 $415.74 0 $0.0207 $0.00 $415.74 00902910190000 2505 RIVERSIDE BLVD Commercial 7,990 $0.0723 $577.50 0 $0.0207 $0.00 $577.50 00902910200000 2505 RIVERSIDE BLVD Commercial 361,548 $0.0723 $26,131.89 113,759 $0.0207 $2,355.39 $28,487.28 00902910240000 1341 BURNETT WAY Residential 6,098 $0.0258 $157.25 1,336 $0.00 $157.25 00902910450000 2617 RIVERSIDE BLVD Commercial 12,235 $0.0723 $884.32 2,821 $0.0207 $58.41 $942.73 00902910460000 2615 RIVERSIDE BLVD Commercial 13,661 $0.0723 $987.39 4,365 $0.0207 $90.38 $1,077.76 00902910470000 1326 BROADWAY Commercial 19,600 $0.0723 $1,416.64 5,130 $0.0207 $106.22 $1,522.86 00902940010000 1400 BROADWAY Commercial 13,680 $0.0723 $988.76 9,805 $0.0207 $203.01 $1,191.77 00902940020000 1418 BROADWAY Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 00902940030000 1418 BROADWAY Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 00902940040000 1418 14TH ST Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 00902940050000 1418 14TH ST Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 00902940060000 1418 BROADWAY Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 00902940070000 1418 BROADWAY Residential 26,400 $0.0258 $680.76 0 $0.00 $680.76 00902940080000 1400 BROADWAY Residential 5,872 $0.0258 $151.42 0 $0.00 $151.42 00903210010000 2633 RIVERSIDE BLVD Commercial 18,213 $0.0723 $1,316.40 3,746 $0.0207 $77.56 $1,393.96 00903210410000 2657 RIVERSIDE BLVD Commercial 12,390 $0.0723 $895.52 12,880 $0.0207 $266.68 $1,162.20 00903210600000 2685 RIVERSIDE BLVD Govt/NP 45,738 $0.0516 $2,358.83 6,553 $0.00 $2,358.83 00903210610000 2661 RIVERSIDE BLVD Commercial 20,434 $0.0723 $1,476.92 1,820 $0.0207 $37.68 $1,514.61 00904300010000 1006 YALE ST Residential 2,542 $0.0258 $65.55 1,822 $0.00 $65.55 00904300020000 1008 YALE ST Residential 2,541 $0.0258 $65.52 1,822 $0.00 $65.52 00904300030000 1010 YALE ST Residential 2,541 $0.0258 $65.52 1,822 $0.00 $65.52 00904300040000 1012 YALE ST Residential 2,541 $0.0258 $65.52 1,822 $0.00 $65.52

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
00904300050000 1014 YALE ST Residential 2,541 $0.0258 $65.52 1,822 $0.00 $65.52 00904300060000 1016 YALE ST Residential 2,550 $0.0258 $65.76 1,822 $0.00 $65.76 00904300070000 1015 BROADWAY Residential 1,537 $0.0258 $39.63 1,326 $0.00 $39.63 00904300080000 1019 BROADWAY Residential 1,540 $0.0258 $39.71 1,326 $0.00 $39.71 00904300090000 1023 BROADWAY Residential 1,541 $0.0258 $39.74 1,326 $0.00 $39.74 00905100010000 2424 BINNEN LN Residential 1,008 $0.0258 $25.99 0 $0.00 $25.99 00905100020000 2422 BINNEN LN Residential 992 $0.0258 $25.58 0 $0.00 $25.58 00905100030000 2420 BINNEN LN Residential 992 $0.0258 $25.58 0 $0.00 $25.58 00905100040000 2418 BINNEN LN Residential 992 $0.0258 $25.58 0 $0.00 $25.58 00905100050000 2416 BINNEN LN Residential 1,141 $0.0258 $29.42 0 $0.00 $29.42 00905100060000 2417 BINNEN LN Residential 1,234 $0.0258 $31.82 0 $0.00 $31.82 00905100070000 2419 BINNEN LN Residential 1,167 $0.0258 $30.09 0 $0.00 $30.09 00905100080000 2421 BINNEN LN Residential 1,167 $0.0258 $30.09 0 $0.00 $30.09 00905100090000 2423 BINNEN LN Residential 1,344 $0.0258 $34.66 0 $0.00 $34.66 00905100100000 2425 BINNEN LN Residential 1,548 $0.0258 $39.92 1,580 $0.00 $39.92 00905100110000 2427 BINNEN LN Residential 1,297 $0.0258 $33.44 1,581 $0.00 $33.44 00905100120000 2429 BINNEN LN Residential 1,297 $0.0258 $33.44 1,581 $0.00 $33.44 00905100130000 2431 BINNEN LN Residential 1,297 $0.0258 $33.44 1,581 $0.00 $33.44 00905100140000 2433 BINNEN LN Residential 1,297 $0.0258 $33.44 1,581 $0.00 $33.44 00905100150000 2435 BINNEN LN Residential 1,297 $0.0258 $33.44 1,581 $0.00 $33.44 00905100160000 2437 BINNEN LN Residential 1,297 $0.0258 $33.44 1,581 $0.00 $33.44 00905100170000 2439 BINNEN LN Residential 1,478 $0.0258 $38.11 1,584 $0.00 $38.11 00905100180000 825 BROADWAY Residential 5,057 $0.0258 $130.40 0 $0.00 $130.40 01002110010000 2415 18TH ST Residential 3,049 $0.0258 $78.62 1,051 $0.00 $78.62 01002110020000 2409 18TH ST Residential 3,049 $0.0258 $78.62 936 $0.00 $78.62 01002110030000 1800 X ST Residential 3,049 $0.0258 $78.62 1,355 $0.00 $78.62 01002110040000 1804 X ST # B Residential 3,049 $0.0258 $78.62 1,736 $0.00 $78.62 01002110050000 1808 X ST Residential 6,534 $0.0258 $168.49 1,425 $0.00 $168.49 01002110090000 1826 X ST Residential 3,049 $0.0258 $78.62 999 $0.00 $78.62 01002110100000 2406 19TH ST Residential 3,049 $0.0258 $78.62 766 $0.00 $78.62

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
01002110110000 2408 19TH ST Residential 3,049 $0.0258 $78.62 1,093 $0.00 $78.62 01002110120000 2414 19TH ST Residential 3,049 $0.0258 $78.62 1,039 $0.00 $78.62 01002110130000 2416 19TH ST Residential 6,098 $0.0258 $157.25 960 $0.00 $157.25 01002110140000 2420 19TH ST Residential 6,098 $0.0258 $157.25 3,345 $0.00 $157.25 01002110150000 1817 BROADWAY Commercial 12,172 $0.0723 $879.77 6,962 $0.0207 $144.15 $1,023.91 01002110190000 2417 18TH ST Residential 6,098 $0.0258 $157.25 2,700 $0.00 $157.25 01002110200000 1818 X ST Commercial 19,465 $0.0723 $1,406.89 28,773 $0.0207 $595.75 $2,002.63 01002110230000 2423 18TH ST Residential 3,485 $0.0258 $89.87 962 $0.00 $89.87 01002110250000 1801 BROADWAY Commercial 6,900 $0.0723 $498.72 0 $0.0207 $0.00 $498.72 01002110260000 1815 BROADWAY Commercial 7,885 $0.0723 $569.91 0 $0.0207 $0.00 $569.91 01002120010000 2505 18TH ST Commercial 4,202 $0.0723 $303.71 4,981 $0.0207 $103.13 $406.84 01002120020000 1804 BROADWAY Commercial 4,772 $0.0723 $344.91 0 $0.0207 $0.00 $344.91 01002120170000 1814 BROADWAY Commercial 19,040 $0.0723 $1,376.17 914 $0.0207 $18.92 $1,395.09 01002120180000 1808 BROADWAY Commercial 8,000 $0.0723 $578.22 1,950 $0.0207 $40.37 $618.60 01002130030000 2414 20TH ST Commercial 12,800 $0.0723 $925.16 2,204 $0.0207 $45.63 $970.79 01002130040000 1945 BROADWAY Commercial 12,800 $0.0723 $925.16 3,600 $0.0207 $74.54 $999.69 01002130080000 1901 BROADWAY Commercial 54,450 $0.0723 $3,935.53 27,288 $0.0207 $565.00 $4,500.53 01002130100000 BROADWAY Commercial 16,535 $0.0723 $1,195.11 0 $0.0207 $0.00 $1,195.11 01002130110000 BROADWAY Commercial 10,665 $0.0723 $770.84 0 $0.0207 $0.00 $770.84 01002140010000 1900 BROADWAY Commercial 11,360 $0.0723 $821.08 0 $0.0207 $0.00 $821.08 01002140020000 1904 BROADWAY Commercial 4,359 $0.0723 $315.06 4,476 $0.0207 $92.68 $407.73 01002150040000 1969 BURNETT WAY Commercial 3,500 $0.0723 $252.97 1,955 $0.0207 $40.48 $293.45 01002150070000 1939 BURNETT WAY Commercial 2,356 $0.0723 $170.29 0 $0.0207 $0.00 $170.29 01002150100000 1942 BROADWAY Commercial 24,496 $0.0723 $1,770.52 9,530 $0.0207 $197.32 $1,967.84 01002160010000 2000 X ST Residential 3,049 $0.0258 $78.62 1,048 $0.00 $78.62 01002160020000 2006 X ST Residential 3,049 $0.0258 $78.62 1,126 $0.00 $78.62 01002160030000 2010 X ST Residential 3,049 $0.0258 $78.62 1,069 $0.00 $78.62 01002160040000 2014 X ST Residential 3,049 $0.0258 $78.62 1,000 $0.00 $78.62 01002160050000 2018 X ST Residential 3,049 $0.0258 $78.62 1,068 $0.00 $78.62 01002160060000 2020 X ST Residential 3,049 $0.0258 $78.62 2,586 $0.00 $78.62

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
01002160070000 2026 X ST Residential 3,049 $0.0258 $78.62 1,202 $0.00 $78.62 01002160080000 2404 21ST ST Commercial 3,200 $0.0723 $231.29 2,785 $0.0207 $57.66 $288.95 01002160090000 2414 21ST ST Commercial 4,800 $0.0723 $346.93 2,240 $0.0207 $46.38 $393.31 01002160100000 2021 YALE ST Residential 4,792 $0.0258 $123.57 1,978 $0.00 $123.57 01002160110000 2019 YALE ST Residential 3,049 $0.0258 $78.62 1,270 $0.00 $78.62 01002160120000 2015 YALE ST Residential 3,049 $0.0258 $78.62 1,387 $0.00 $78.62 01002160130000 2011 YALE ST Residential 3,049 $0.0258 $78.62 3,402 $0.00 $78.62 01002160140000 2005 YALE ST Residential 3,049 $0.0258 $78.62 2,490 $0.00 $78.62 01002160150000 2001 YALE ST Residential 3,049 $0.0258 $78.62 1,487 $0.00 $78.62 01002170020000 2003 BROADWAY Commercial 4,800 $0.0723 $346.93 0 $0.0207 $0.00 $346.93 01002170030000 2013 BROADWAY Commercial 4,800 $0.0723 $346.93 2,480 $0.0207 $51.35 $398.28 01002170040000 2015 BROADWAY Commercial 4,800 $0.0723 $346.93 2,520 $0.0207 $52.18 $399.11 01002170070000 2001 BROADWAY Commercial 9,600 $0.0723 $693.87 4,400 $0.0207 $91.10 $784.97 01002170080000 2025 BROADWAY Commercial 14,400 $0.0723 $1,040.80 1,444 $0.0207 $29.90 $1,070.70 01002180020000 2010 BROADWAY Commercial 3,920 $0.0723 $283.33 0 $0.0207 $0.00 $283.33 01002180030000 2020 BROADWAY Commercial 3,938 $0.0723 $284.63 1,820 $0.0207 $37.68 $322.31 01002180070000 21ST ST Commercial 381 $0.0723 $27.54 0 $0.0207 $0.00 $27.54 01002180080000 2530 21ST ST Commercial 3,500 $0.0723 $252.97 1,757 $0.0207 $36.38 $289.35 01002180090000 2027 BURNETT WAY Commercial 3,938 $0.0723 $284.63 0 $0.0207 $0.00 $284.63 01002180100000 2017 BURNETT WAY Commercial 3,938 $0.0723 $284.63 0 $0.0207 $0.00 $284.63 01002180110000 2015 BURNETT WAY Commercial 3,938 $0.0723 $284.63 0 $0.0207 $0.00 $284.63 01002180120000 2001 BURNETT WAY Commercial 3,938 $0.0723 $284.63 0 $0.0207 $0.00 $284.63 01002180140000 2000 BROADWAY Commercial 7,875 $0.0723 $569.19 0 $0.0207 $0.00 $569.19 01002180150000 2504 21ST ST Commercial 10,149 $0.0723 $733.55 6,240 $0.0207 $129.20 $862.75 01002210010000 2415 21ST ST Commercial 3,200 $0.0723 $231.29 0 $0.0207 $0.00 $231.29 01002210020000 2409 21ST ST Commercial 3,200 $0.0723 $231.29 1,800 $0.0207 $37.27 $268.56 01002210060000 2114 X ST Residential 6,534 $0.0258 $168.49 3,120 $0.00 $168.49 01002210070000 2116 X ST Residential 6,534 $0.0258 $168.49 3,038 $0.00 $168.49 01002210080000 2122 X ST Commercial 6,534 $0.0723 $472.26 1,355 $0.0207 $28.06 $500.32 01002210170000 2101 BROADWAY Commercial 6,000 $0.0723 $433.67 0 $0.0207 $0.00 $433.67

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
01002210180000 2425 21ST ST Commercial 6,000 $0.0723 $433.67 0 $0.0207 $0.00 $433.67 01002210190000 2423 21ST ST Commercial 6,000 $0.0723 $433.67 3,388 $0.0207 $70.15 $503.82 01002210200000 2417 21ST ST Commercial 6,000 $0.0723 $433.67 2,650 $0.0207 $54.87 $488.54 01002210210000 2121 BROADWAY Commercial 24,000 $0.0723 $1,734.67 7,752 $0.0207 $160.51 $1,895.17 01002210220000 2100 X ST Commercial 12,800 $0.0723 $925.16 10,000 $0.0207 $207.05 $1,132.21 01002210230000 2400 22ND ST Commercial 12,800 $0.0723 $925.16 10,273 $0.0207 $212.70 $1,137.86 01002220090000 2222 X ST Residential 6,534 $0.0258 $168.49 4,431 $0.00 $168.49 01002220100000 2400 23RD ST Residential 3,049 $0.0258 $78.62 1,309 $0.00 $78.62 01002220110000 2406 23RD ST Residential 3,049 $0.0258 $78.62 1,066 $0.00 $78.62 01002220120000 2410 23RD ST Commercial 3,049 $0.0723 $220.38 0 $0.0207 $0.00 $220.38 01002220130000 2414 23RD ST Commercial 3,200 $0.0723 $231.29 0 $0.0207 $0.00 $231.29 01002220180000 2201 BROADWAY Commercial 51,401 $0.0723 $3,715.15 79,888 $0.0207 $1,654.09 $5,369.24 01002220210000 2200 X ST Commercial 32,492 $0.0723 $2,348.45 47,904 $0.0207 $991.86 $3,340.31 01002230010000 2415 23RD ST Commercial 3,200 $0.0723 $231.29 3,760 $0.0207 $77.85 $309.14 01002230020000 2409 23RD ST Residential 3,049 $0.0258 $78.62 1,653 $0.00 $78.62 01002230030000 2405 23RD ST Residential 3,049 $0.0258 $78.62 1,048 $0.00 $78.62 01002230040000 2300 X ST Residential 3,049 $0.0258 $78.62 1,202 $0.00 $78.62 01002230070000 2316 X ST Residential 6,534 $0.0258 $168.49 5,864 $0.00 $168.49 01002230080000 2320 X ST Residential 6,534 $0.0258 $168.49 4,642 $0.00 $168.49 01002230090000 2402 24TH ST Residential 3,049 $0.0258 $78.62 2,354 $0.00 $78.62 01002230100000 2404 24TH ST Residential 3,049 $0.0258 $78.62 2,221 $0.00 $78.62 01002230110000 2410 24TH ST Residential 3,049 $0.0258 $78.62 2,365 $0.00 $78.62 01002230120000 2414 24TH ST Commercial 3,049 $0.0723 $220.38 1,047 $0.0207 $21.68 $242.05 01002230170000 2331 BROADWAY Commercial 12,121 $0.0723 $876.08 0 $0.0207 $0.00 $876.08 01002230180000 2421 23RD ST Commercial 6,000 $0.0723 $433.67 5,600 $0.0207 $115.95 $549.62 01002230190000 2419 23RD ST Commercial 6,000 $0.0723 $433.67 0 $0.0207 $0.00 $433.67 01002230200000 2308 X ST Commercial 12,632 $0.0723 $913.01 10,940 $0.0207 $226.51 $1,139.53 01002230210000 BROADWAY RD Commercial 24,348 $0.0723 $1,759.82 3,493 $0.0207 $72.32 $1,832.14 01002240030000 2300 BROADWAY Commercial 4,800 $0.0723 $346.93 4,345 $0.0207 $89.96 $436.90 01002240040000 2316 BROADWAY Commercial 4,800 $0.0723 $346.93 4,345 $0.0207 $89.96 $436.90

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
01002240050000 2320 BROADWAY Commercial 4,800 $0.0723 $346.93 3,200 $0.0207 $66.26 $413.19 01002240090000 2349 BURNETT WAY Commercial 4,792 $0.0723 $346.36 1,630 $0.0207 $33.75 $380.10 01002240120000 2319 BURNETT WAY Commercial 4,792 $0.0723 $346.36 0 $0.0207 $0.00 $346.36 01002240130000 2313 BURNETT WAY Commercial 4,800 $0.0723 $346.93 0 $0.0207 $0.00 $346.93 01002240140000 2307 BURNETT WAY Commercial 4,800 $0.0723 $346.93 0 $0.0207 $0.00 $346.93 01002240150000 2301 BURNETT WAY Commercial 4,800 $0.0723 $346.93 2,832 $0.0207 $58.64 $405.57 01002240220000 2100 BROADWAY Commercial 22,500 $0.0723 $1,626.25 1,680 $0.0207 $34.78 $1,661.04 01002240240000 2333 BURNETT WAY Commercial 9,600 $0.0723 $693.87 8,565 $0.0207 $177.34 $871.21 01002240260000 2330 BROADWAY Commercial 19,200 $0.0723 $1,387.73 1,569 $0.0207 $32.49 $1,420.22 01002240270000 2110 BROADWAY Govt/NP 295,772 $0.0516 $15,253.77 152,440 $0.00 $15,253.77 01002310010000 2415 24TH ST Residential 3,200 $0.0258 $82.52 958 $0.00 $82.52 01002310020000 2409 24TH ST Residential 3,200 $0.0258 $82.52 3,695 $0.00 $82.52 01002310030000 2401 24TH ST Residential 3,200 $0.0258 $82.52 2,331 $0.00 $82.52 01002310040000 2404 X ST Residential 3,200 $0.0258 $82.52 940 $0.00 $82.52 01002310050000 2408 X ST Commercial 6,400 $0.0723 $462.58 4,072 $0.0207 $84.31 $546.89 01002310060000 2414 X ST Residential 6,400 $0.0258 $165.03 2,284 $0.00 $165.03 01002310070000 2416 X ST Commercial 6,400 $0.0723 $462.58 4,602 $0.0207 $95.28 $557.86 01002310080000 2420 X ST Commercial 6,400 $0.0723 $462.58 4,680 $0.0207 $96.90 $559.48 01002310090000 2400 25TH ST Residential 3,200 $0.0258 $82.52 903 $0.00 $82.52 01002310100000 2404 25TH ST Residential 3,200 $0.0258 $82.52 795 $0.00 $82.52 01002310110000 2412 25TH ST Residential 3,049 $0.0258 $78.62 3,420 $0.00 $78.62 01002310120000 2414 25TH ST Residential 3,200 $0.0258 $82.52 3,176 $0.00 $82.52 01002310130000 2431 BROADWAY Commercial 4,356 $0.0723 $314.84 582 $0.0207 $12.05 $326.89 01002310140000 2431 BROADWAY Commercial 12,600 $0.0723 $910.70 2,156 $0.0207 $44.64 $955.34 01002310150000 2417 BROADWAY Commercial 7,200 $0.0723 $520.40 2,250 $0.0207 $46.59 $566.99 01002310160000 2401 BROADWAY Commercial 12,000 $0.0723 $867.33 1,118 $0.0207 $23.15 $890.48 01002310170000 2425 24TH ST Commercial 12,000 $0.0723 $867.33 10,500 $0.0207 $217.40 $1,084.74 01002330010000 2415 25TH ST Residential 3,200 $0.0258 $82.52 3,154 $0.00 $82.52 01002330020000 2409 25TH ST Residential 3,200 $0.0258 $82.52 1,228 $0.00 $82.52 01002330030000 2500 X ST Residential 3,200 $0.0258 $82.52 974 $0.00 $82.52

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
01002330040000 2504 X ST Residential 3,049 $0.0258 $78.62 1,032 $0.00 $78.62 01002330050000 2512 X ST Residential 6,534 $0.0258 $168.49 4,841 $0.00 $168.49 01002330060000 2514 X ST Residential 6,534 $0.0258 $168.49 1,541 $0.00 $168.49 01002330070000 2516 X ST Residential 6,534 $0.0258 $168.49 2,422 $0.00 $168.49 01002330080000 2518 X ST Residential 6,534 $0.0258 $168.49 5,889 $0.00 $168.49 01002330090000 2400 26TH ST Commercial 3,049 $0.0723 $220.38 2,896 $0.0207 $59.96 $280.34 01002330100000 2404 26TH ST Residential 3,200 $0.0258 $82.52 1,046 $0.00 $82.52 01002330110000 2408 26TH ST Residential 3,200 $0.0258 $82.52 1,046 $0.00 $82.52 01002330120000 2414 26TH ST Residential 3,049 $0.0258 $78.62 1,139 $0.00 $78.62 01002330130000 2416 26TH ST Residential 3,200 $0.0258 $82.52 1,218 $0.00 $82.52 01002330140000 2418 26TH ST Residential 3,049 $0.0258 $78.62 989 $0.00 $78.62 01002330150000 2426 26TH ST Residential 3,049 $0.0258 $78.62 963 $0.00 $78.62 01002330160000 2531 BROADWAY Commercial 3,200 $0.0723 $231.29 1,815 $0.0207 $37.58 $268.87 01002330230000 2523 BROADWAY Commercial 12,800 $0.0723 $925.16 7,418 $0.0207 $153.59 $1,078.75 01002330240000 2509 BROADWAY Commercial 6,265 $0.0723 $452.82 4,680 $0.0207 $96.90 $549.72 01002330250000 2515 BROADWAY Commercial 6,588 $0.0723 $476.17 4,800 $0.0207 $99.38 $575.55 01002330260000 2501 BROADWAY Commercial 12,985 $0.0723 $938.53 1,241 $0.0207 $25.69 $964.22 01002350010000 2415 26TH ST Residential 3,200 $0.0258 $82.52 561 $0.00 $82.52 01002350020000 2411 26TH ST Residential 3,200 $0.0258 $82.52 3,363 $0.00 $82.52 01002350030000 2600 X ST Commercial 3,049 $0.0723 $220.38 1,459 $0.0207 $30.21 $250.58 01002350040000 2604 X ST Residential 3,200 $0.0258 $82.52 916 $0.00 $82.52 01002350050000 2610 X ST Commercial 12,632 $0.0723 $913.01 11,852 $0.0207 $245.40 $1,158.41 01002350060000 2618 X ST Residential 6,534 $0.0258 $168.49 1,949 $0.00 $168.49 01002350070000 2620 X ST Residential 6,534 $0.0258 $168.49 947 $0.00 $168.49 01002350080000 2400 27TH ST Residential 3,200 $0.0258 $82.52 1,974 $0.00 $82.52 01002350090000 2404 27TH ST Residential 3,200 $0.0258 $82.52 892 $0.00 $82.52 01002350100000 2408 27TH ST Residential 3,200 $0.0258 $82.52 892 $0.00 $82.52 01002350110000 2414 27TH ST Residential 3,200 $0.0258 $82.52 1,287 $0.00 $82.52 01002350120000 2416 27TH ST Residential 3,200 $0.0258 $82.52 1,089 $0.00 $82.52 01002350130000 2420 27TH ST Residential 3,200 $0.0258 $82.52 1,732 $0.00 $82.52

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
01002350140000 2424 27TH ST Residential 3,200 $0.0258 $82.52 1,040 $0.00 $82.52 01002350150000 2631 BROADWAY Commercial 3,200 $0.0723 $231.29 2,350 $0.0207 $48.66 $279.95 01002350210000 2417 26TH ST Residential 6,534 $0.0258 $168.49 5,646 $0.00 $168.49 01002350220000 2615 BROADWAY Commercial 32,000 $0.0723 $2,312.89 3,516 $0.0207 $72.80 $2,385.69 01002360160000 2630 BROADWAY Commercial 15,500 $0.0723 $1,120.31 2,900 $0.0207 $60.04 $1,180.35 01002360170000 2400 BROADWAY Govt/NP 250,470 $0.0516 $12,917.43 0 $0.0516 $0.00 $12,917.43 01002410020000 2409 27TH ST Residential 3,049 $0.0258 $78.62 1,020 $0.00 $78.62 01002410030000 2700 X ST Residential 3,049 $0.0258 $78.62 1,222 $0.00 $78.62 01002410040000 2706 X ST Residential 3,049 $0.0258 $78.62 2,473 $0.00 $78.62 01002410060000 2716 X ST Commercial 6,400 $0.0723 $462.58 1,961 $0.0207 $40.60 $503.18 01002410070000 2720 X ST Residential 6,534 $0.0258 $168.49 3,974 $0.00 $168.49 01002410080000 2722 X ST Commercial 6,534 $0.0723 $472.26 1,312 $0.0207 $27.17 $499.43 01002410090000 2736 X ST Commercial 3,049 $0.0723 $220.38 2,464 $0.0207 $51.02 $271.39 01002410100000 2406 28TH ST Residential 3,049 $0.0258 $78.62 893 $0.00 $78.62 01002410110000 2408 28TH ST Commercial 3,200 $0.0723 $231.29 1,845 $0.0207 $38.20 $269.49 01002410120000 2414 28TH ST Commercial 3,200 $0.0723 $231.29 0 $0.0207 $0.00 $231.29 01002410130000 2416 28TH ST Commercial 3,049 $0.0723 $220.38 1,562 $0.0207 $32.34 $252.72 01002410140000 2422 28TH ST Residential 3,049 $0.0258 $78.62 794 $0.00 $78.62 01002410150000 2731 BROADWAY Commercial 6,400 $0.0723 $462.58 720 $0.0207 $14.91 $477.49 01002410160000 2721 BROADWAY Commercial 6,400 $0.0723 $462.58 3,360 $0.0207 $69.57 $532.15 01002410170000 2719 BROADWAY Commercial 6,400 $0.0723 $462.58 4,200 $0.0207 $86.96 $549.54 01002410250000 2701 BROADWAY Commercial 12,800 $0.0723 $925.16 1,155 $0.0207 $23.91 $949.07 01002410280000 2413 27TH ST Residential 3,200 $0.0258 $82.52 2,066 $0.00 $82.52 01002410290000 2710 X ST Commercial 6,400 $0.0723 $462.58 2,842 $0.0207 $58.84 $521.42 01002410300000 2415 27TH ST Commercial 3,485 $0.0723 $251.89 2,303 $0.0207 $47.68 $299.57 01002410310000 2421 27TH ST Commercial 9,583 $0.0723 $692.64 2,655 $0.0207 $54.97 $747.61 01002420190000 2730 BROADWAY Commercial 54,450 $0.0723 $3,935.53 66,744 $0.0207 $1,381.94 $5,317.46 01002420200000 2700 BROADWAY Commercial 15,600 $0.0723 $1,127.53 3,442 $0.0207 $71.27 $1,198.80 01002420210000 2716 BROADWAY Commercial 5,400 $0.0723 $390.30 2,560 $0.0207 $53.00 $443.31 01002430210000 2808 X ST Commercial 11,892 $0.0723 $859.53 2,920 $0.0207 $60.46 $919.99

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
01002430220000 2800 X ST Commercial 12,720 $0.0723 $919.37 0 $0.0207 $0.00 $919.37 01002430230000 2811 BROADWAY Commercial 44,431 $0.0723 $3,211.38 15,930 $0.0207 $329.83 $3,541.21 01002440010000 2800 BROADWAY Commercial 18,168 $0.0723 $1,313.14 5,299 $0.0207 $109.72 $1,422.86 01002470010000 2525 FRANKLIN BLVD Commercial 4,369 $0.0723 $315.78 1,296 $0.0207 $26.83 $342.62 01002470030000 2830 BROADWAY Commercial 9,060 $0.0723 $654.84 0 $0.0207 $0.00 $654.84 01002470230000 2830 BROADWAY Commercial 3,664 $0.0723 $264.83 0 $0.0207 $0.00 $264.83 01002470240000 2830 BROADWAY Commercial 4,130 $0.0723 $298.51 0 $0.0207 $0.00 $298.51 01002470320000 2830 BROADWAY Commercial 9,040 $0.0723 $653.39 0 $0.0207 $0.00 $653.39 01002470330000 BROADWAY Commercial 63 $0.0723 $4.55 0 $0.0207 $0.00 $4.55 01002470390000 BROADWAY Commercial 1,600 $0.0723 $115.64 0 $0.0207 $0.00 $115.64 01002750380000 1908 BROADWAY Commercial 50,094 $0.0723 $3,620.68 0 $0.0207 $0.00 $3,620.68 01002750390000 1920 BROADWAY Commercial 39,725 $0.0723 $2,871.24 0 $0.0207 $0.00 $2,871.24 01002760020000 2540 21ST ST Commercial 3,200 $0.0723 $231.29 1,592 $0.0207 $32.96 $264.25 01002760030000 2548 21ST ST Commercial 3,049 $0.0723 $220.38 1,877 $0.0207 $38.86 $259.24 01002760040000 2556 21ST ST Commercial 4,792 $0.0723 $346.36 0 $0.0207 $0.00 $346.36 01002760050000 2564 21ST ST Commercial 4,800 $0.0723 $346.93 1,950 $0.0207 $40.37 $387.31 01002760060000 2572 21ST ST Commercial 4,800 $0.0723 $346.93 4,200 $0.0207 $86.96 $433.89 01002760070000 2574 21ST ST Commercial 4,800 $0.0723 $346.93 3,200 $0.0207 $66.26 $413.19 01002760080000 2590 21ST ST Commercial 3,200 $0.0723 $231.29 7,200 $0.0207 $149.08 $380.37 01002760090000 2025 1ST AVE Commercial 3,200 $0.0723 $231.29 0 $0.0207 $0.00 $231.29 01002760100000 2025 1ST AVE Commercial 3,200 $0.0723 $231.29 0 $0.0207 $0.00 $231.29 01002770020000 2604 21ST ST Commercial 3,200 $0.0723 $231.29 1,688 $0.0207 $34.95 $266.24 01002770030000 2600 21ST ST Commercial 3,200 $0.0723 $231.29 1,374 $0.0207 $28.45 $259.74 01002770150000 2620 21ST ST Commercial 24,000 $0.0723 $1,734.67 10,053 $0.0207 $208.15 $1,942.82 01003370580000 2650 21ST ST Commercial 27,581 $0.0723 $1,993.49 16,602 $0.0207 $343.75 $2,337.24 01200210010000 2701 RIVERSIDE BLVD Commercial 10,544 $0.0723 $762.10 1,463 $0.0207 $30.29 $792.39 01200210140000 1113 CASTRO WAY Commercial 15,858 $0.0723 $1,146.18 6,823 $0.0207 $141.27 $1,287.45 01200210150000 2709 RIVERSIDE BLVD Commercial 5,486 $0.0723 $396.52 3,080 $0.0207 $63.77 $460.29 01200220010000 2725 RIVERSIDE BLVD Commercial 10,820 $0.0723 $782.05 6,000 $0.0207 $124.23 $906.28 01200220180000 2739 RIVERSIDE BLVD Commercial 5,387 $0.0723 $389.36 3,000 $0.0207 $62.12 $451.48

APN Site Address
Use
Category Lot SF Rate/SF Levy Bldg SF Rate/SF Levy
PARCEL
ASSMT
01200220190000 2735 RIVERSIDE BLVD Commercial 5,204 $0.0723 $376.13 2,800 $0.0207 $57.97 $434.11 01200220200000 2741 RIVERSIDE BLVD Commercial 5,785 $0.0723 $418.13 3,130 $0.0207 $64.81 $482.93 01200220210000 2747 RIVERSIDE BLVD Commercial 4,831 $0.0723 $349.17 3,887 $0.0207 $80.48 $429.65 TOTAL $451,101.20

ATTACHMENT B

Greater Broadway
Property and Business
Improvement District
Engineer’s Report

Sacramento, California
February 8, 2022

Prepared by:

Terrance Lowell of Kristin Lowell Inc.

Prepared pursuant to the State of California
Property and Business Improvement District Law of 1994
and Article XIIID of the California Constitution
to renew a property-based business improvement district

TABLE OF CONTENTS

ENGINEER’S STATEMENT ............................................................................... 1 ENGINEER’S REPORT:

SECTION A: Legislative and Judicial Review ............................................... 2 SECTION B: Improvements and Activities .................................................... 4 SECTION C: Benefitting Parcels .................................................................... 5 SECTION D: Proportional Benefits ................................................................ 7 SECTION E: Special and General Benefits ................................................. 10 SECTION F: Cost Estimate ........................................................................... 15 SECTION G: Apportionment Method ........................................................... 16

Attachment B:

Greater Broadway PBID Engineer’s Report Page 1 of 18

This Engineer’s Report is prepared pursuant to Article XIIID of the California State Constitution and the State of California Property and Business Improvement District Law of 1994 (California Streets and Highways Code § 36600 et seq.) (the “PBID Law”).

The Greater Broadway Property-Based Business Imp rovement District (“ GBPBID”) will provide activities either currently not provided or above and beyond what the City of Sacramento (“City”) provides. These activities will specially benefit each individual assessable parcel in the GBPBID.

Every individual assessed parcel within the GBPBID receives special benefit from the activities identified under Section B of this Engineer’s Report. Only those individual assessed parcels within the GBPBID receive the special benefit of these proposed activities; parcels contiguous to and outside the GBPBID and the public at large may receive a general benefit, as outlined in Section E. The cost to provide general benefits, if any, will be funded from sources other than special assessments.

The duration of the GBPBID renewal is ten (10) years, commencing January 1, 20 23. An estimated budget for the GBPBID improvements and activities is set forth in Section D .

Assessments will be subject to an annual increase of up to 5% per year as determined by the Owners’ Association. Assessment increases must stay between 0 % and 5% in any given year.

Funding for the GBPBID services and activities shall be derived from a p roperty-based assessment of each specially benefitted parcel in the GBPBID. A detailed description of the methodology for determining the proportional special benefit each individual assessable parcel receives from the service and the assessment for each parcel is set forth in Section F.

I hereby certify to the best of my professional knowledge that each of the identified assessable parcels located within the GBPBID will receive a special benefit which is a particular and distinct benefit over and above general benefits conferred on real property located in a district or to the public at large and that the amount of the proposed special assessment is proportional to, and no greater than, the special benefits received.

Respectfully submitted,

Terrance E. Lowell, P.E.

ENGINEER’S STATEMENT

Attachment B:

Greater Broadway PBID Engineer’s Report Page 2 of 18

SECTION A: LEGISLATIVE AND JUDICIAL REVIEW

Property and Business Improvement District Law of 1994
The PBID Law is the legislation that authorizes the City to levy assessments upon real property for the purposes of providing improvements and activities that specially benefit each individual assessed parcel in the GBPBID. The purpose of the GBPBID is to encourage c ommerce, investment, and business activities, and keep the GBPBID area safe and clean. In order to meet these goals , the GBPBID funds activities and improvements, such as, enhanced safety and cleaning. Unlike other assessment districts which fund the construction of public capital improvements or maintenance thereof, GBPBIDs provide activities and improvements “to promote the economic revitalization and physical maintenance of the business districts i n order to create jobs, attract new businesses, and prevent the erosion of the business districts.” (Streets and Highways Code Section 36601(b)). The improvements and activities funded through the GBPBID are over and above those already provided by the City within the GBPBID’s boundaries.

Each of the GBPBID activities or improvements is intended to increase building occupancy and lease rates, to encourage new business development, attract businesses that serve the community, and improve the quality of life.

Specifically, the PBID Law defines “Improvements” and “Activities” as follows:

"Improvement" means the acquisition, construction, installation, or maintenance of any tangible property with an estimated useful life of five years…”1

"Activities" means, but is not limited to, all of the following:
(a) Promotion of public events which benefit businesses or real property in the district. (b) Furnishing of music in any public place within the district. (c) Promotion of tourism within the district.
(d) Marketing and economic development, including retail retention and recruitment. (e) Providing safety, sanitation, graffiti removal, street and sidewalk cleaning, and other municipal services supplemental to those normally provided by the municipality. (f) Activities which benefit businesses and real property located in the district.2

Article XIIID of the State Constitution
Article XIIID of the California Constitution determines the way local agencies enact local taxes and levy assessments on real property. It states, in relevant part, that:

(a) An agency which proposes to levy an assessment shall identify all parcels which will have a special benefit conferred upon them and up on which an assessment will be imposed. The proportionate special benefit derived by each identified parcel shall be determined in relationship to the entirety of the capital cost of a public improvement, the maintenance and operation expenses of a public improvement, or the cost of the property related service being provided. No assessment shall be imposed on any parcel which exceeds the reasonable cost of the proportional special benefit conferred on that parcel.

Only special benefits are assessable, and an agency shall separate the general benefits from the special benefits conferred on a parcel. Parcels within a district that are owned or

1 California Streets and Highways Code, Section 36610.
2 California Streets and Highways Code, Section 36606.

Attachment B:

Greater Broadway PBID Engineer’s Report Page 3 of 18

used by any agency, the State of California or the United States shall not be exempt from assessment unless the ag ency can demonstrate by clear and convincing evidence that those publicly owned parcels in fact receive no special benefit. (b) All assessments shall be supported by a detailed engineer's report prepared by a registered professional engineer certified by the State of California.3

"Special benefit" means a particular and distinct benefit over and above general benefits conferred on real property located in the district or to the public at large. General enhancement of property value does not constitute "special benefit."4

Judicial Guidance
Since the enactment of Article XIIID, the courts have rendered opinions regarding various aspects of Article XIIID. The notable portions of cases that apply to assessment districts in general and this GBPBID in particular are noted below.

“The engineer’s report describes the services to be provided by the PBID [i.e., the PBID]; (1) security and homeless outreach , (2) maintenance (e.g., street sweeping, gutter cleaning, graffiti removal), and (3) marketing and special events. They are all services over and above those already provided by the City within the boundaries of the PBID. And they are particular and distinct benefits to be provided only to the properties within the PBID, not to the public at large —they ‘affect the assessed property in a way that is particular and distinct from [their] effect on other parcels and that real property in general and the public at large do not share.’”5

“…separating the general from the special benefits of a public improvement project and estimating the quantity of each in relation to the other is essential if an assessment is to be limited to the special benefits.”6

“…the agency must determine or approximate the percentage of the total benefit conferred by the service or improvement that will be enjoyed by the gene ral public and deduct that percentage of the total cost of the service or improvement from the special assessment levied against the specially benefitted property owners.”7

“…even minimal general benefits must be separated from special benefits and quantified so that the percentage of the cost of services and improvements representing general benefits, however slight, can be deducted from the amount of the cost assessed against specially benefitting properties.”8

The contents of this Engineer’s Report are prepared in compliance with the above noted PBID Law, Article XIIID of the California Constitution and applicable judicial opinions.

3 Section 4, Article XIIID of the State Constitution.
4 Section 2 (i), Article XIIID of the State Constitution. 5 Dahms v. Downtown Pomona Property and Business Improvement District (2009) 174 Cal.App. 4th 708, 722.
6 Beutz v. County of Riverside (2010) 184 Cal. App. 4th 1516, 1532. 7 Golden Hill Neighborhood Association, Inc. v. City of San Diego (2011) 199 Cal.App. 4th 416, 438. 8 Golden Hill Neighborhood Association, Inc. v. City of San Diego (2011) 199 Cal.App. 4th 416, 439.

Attachment B:

Greater Broadway PBID Engineer’s Report Page 4 of 18

SECTION B: IMPROVEMENTS AND ACTIVITIES

The GBPBID Renewal Committee collectively determined the priority for improvements and activities that the GBPBID will deliver. Accordingly, the GBPBID will provide the following services, as described in greater detail in Section 3 of this Management District Plan: Clean, Safe & Beautiful; Economic Vitality; and Administration & Reserve.

Attachment B:

Greater Broadway PBID Engineer’s Report Page 5 of 18

SECTION C: BENEFITTING PARCELS

GBPBID Boundary Description
The GBPBID is approximately 2 miles long. It is roughly bounded by Broadway to the South, X Street to the north, I -5 to the west and Franklin Boulevard to the east. It will also include commercial parcels south of Broadway on the east side of Riverside Boulevard to Markham Way, plus commercial parcels on the west of 21st to Sloat Way.

A map of the proposed district boundary is on the following page.

Attachment B:

Greater Broadway PBID Engineer’s Report Page 6 of 18

Attachment B:

Greater Broadway PBID Engineer’s Report Page 7 of 18

SECTION D: PROPORTIONAL BENEFITS

Methodology
Article XIIID Section 4(a) of the State Constitution states that “The proportionate special benefit derived by each identified parcel shall be determined in relationship to the entirety of the capital cost of the public improvement, the maintenance and operation expenses of a public improvement, or the cost of the property related service being provided.”

Determining the proportionate special benefit for the parcels of real property within the proposed assessment district which benefit from the proposed improvements, services, and activities is the result of a four-step process:

1. Defining the proposed activities,

2. Determining which parcels specially benefit from the proposed activities,

3. Determining the amount of special benefit each parcel receives,

4. Determining the proportional special benefit a parcel receives in relation to the amount of special benefit all other parcels in the GBPBID receive after subtracting any general benefit.

Each identified parcel within the GBPBID will be assessed based upon each parcel’s unique characteristics in relationship to all other specially benefitted parcels’ characteristics. Due to the proportionate special benefits received by each parcel from the GBPBID services, each parcel will be assessed a rate which is commensurate with the amount of special benefits received.

Treatment of Tax-Exempt Uses: At the time of the GBPBID renewal there are 8 tax exempt non- conforming use parcels in the GBPBID boundary:

• Sacramento Housing and Redevelopment Agency (SHRA) property (APN 009-0030-040- 0000),
• City Cemetery (APN 009-0030-030-0000),
• City fire department and park (APN 009-0030-001-0000), • State of California DMV (APN 010-0236-017-0000),
• Buddhist Church (APN 009-0251-021-0000)
• Roman Catholic Church (APN 009-0321-060-0000), and
• Sacramento Unified School District (APNs 009-0237-001-0000, 009-0237-013-0000)

Since the GBPBID is largely aimed at providing services to commercial use parcels, these 8 tax- exempt non-conforming use parcels do not require nor receive the same level of benefit as all other parcels in the GBPBID. These parcels will fully benefit from the Clean, Safe, and Beautiful activities and will pay their proportionate share of these services. However, the services identified under Economic Vitality are aimed at promoting and encouraging commerce in the district area, which are not the primary goals of these parcels. Therefore, these tax-exempt parcels will not receive special Attachment B:

Greater Broadway PBID Engineer’s Report Page 8 of 18

benefit from these Economic Vitality activities and thus will not be assessed for those services. If an owner of one of these parcels chooses to fully participate in the GBPBID, it must agree in writing to the GBPBID assessment. The Owners’ Association will annually review the status of the Tax Exempt parcels and calculate the assessments accordingly.

Treatment of Residential Parcels: Like the Tax Exempt parcels, residential parcels do not require nor receive the same level of service as the commercial use parcels. Due to their unique nature and significantly lower pedestrian traffic, residential parcels will receive one half the level of service from the Clean, Safe, and Beautiful activities, and therefore will be assessed at 50% the rate for this activity. In addition, like the Tax Exempt parcels, residential parcels will not receive any special benefit from the Economic Vitality activities and thus will not be assessed for those services.

Change in Property Use: If at any time a parcel changes its use, based on a change in zoning designation or otherwise, then it will be subject to the assessment methodology for the new use of that property. As a result, the GBPBID may experience the addition or subtraction of assessable lot or building square footage for parcels included and assessed within the GBPBID boundaries. The modification of use for an assessed parcel within the GBPBID may then change upwards or downwards the amount of total lot and building square footage assessment for that parcel. In future years, determination of the special benefits bestowed upon individual assessed parcels may change in accordance with the assessment methodology formula listed in th is Management District Plan and Engineer’s Report, but the assessment formula itself can only be changed in accordance with the provisions of the PBID Law and any other applicable laws.

Special Benefit Factor
The methodology to levy assessments upon real property that receives special benefits from the services and activities of the GBPBID is Lot Square Footage for all parcels plus Building Square Footage for commercial parcels only. To determine the benefit relationship between the assessed parcels we assign Benefit Units to every parcel. In this way we relate the building square footage and lot square footage of each parcel to all other parcels in the GBPBID. These factors are an equitable way to identify the proportional special benefit that each of the parcels receive. Building square footage for commercial parcels is relevant to the current use of a property and is also closely correlated to the potential pedestrian traffic from each commercial parcel and the demand for GBPBID activities, as commercial parcels generate more pedestrian traffic than non- commercial parcels. Whereas a parcel’s lot square footage reflects the long-term value implications of the GBPBID which specially benefits all properties in the GBPBID. Together, these factors serve as the basic unit of measure to calculate how much special benefit each parcel receives in relationship to other parcels in the GBPBID, which is the basis to then proportionately allocate the cost of the special benefits.

Building square footage is defined as the total building square f ootage as determined by the outside measurements of a building. The gross building square footage is taken from the County Assessor’s records. Building square footage plus lot square footage is used as the factor to assess the Economic Vitality budget to commercial use parcels within the GBPBID.

Lot square footage is defined as the total amount of area within the boundaries of the parcel.

Greater Broadway PBID Engineer’s Report Page 9 of 18

footage is used as the factor to assess the Economic Vitality budget to commercial use parcels.

Each one of these factors represents the Benefit Units allocated to each specially benefitted parcel. For Residential parcels the Benefit Units for lot square footage reflects the 50% reduction in Clean, Safe & Beautiful services and no charge for Economic Vitality services , as discussed above. The total number of assessable Benefit Units in the GBPBID are as follows:

Factor
Benefit Units
Commercial Tax Exempt Residential
Building Square Footage 1,462,673 0 0
Lot Square Footage 3,562,554 2,755,720 411,125

Attachment B:

Greater Broadway PBID Engineer’s Report Page 10 of 18

SECTION E: SPECIAL and GENERAL BENEFITS

PBID Law, Article XIIID of the State Constitution, and judicial opinions require that assessments be levied according to the estimated special benefit each assessed parcel receives from the activities and improvements. Article XIIID Section 4(a) of the California Constitution in part states that “only special benefits are assessable,” which requires that we separate the general benefits, if any, from the special benefits provided by the proposed activities and improvements.

As of January 1, 2015, the State Legislature amended the PBID Law to clarify and de fine both special benefit and general benefit as they relate to the improvements and activities these districts provide. Specifically, the amendment (Section 36615.5 of the Streets and Highways Code) defines special benefit as follows: “‘Special benefit’ means, for purposes of a property -based district, a particular and distinct benefit over and above general benefits conferred on real property located in a district or to the public at large. Special benefit includes incidental or collateral effects that arise from the improvements, maintenance, or activities of property -based districts even if those incidental or collateral effects benefit property or persons not assessed.”

In addition, the amendment (Section 36609.5 of the Streets and Highways Code) defines general benefit as follows: “‘General benefit’ means, for purposes of a property-based district, any benefit that is not a ‘special benefit’ as defined in Section 36615.5.”

Furthermore, the amendment (Section 36601(h)(2)) states: “Activities undertaken for the purpose of conferring special benefits upon property to be assessed inherently produce incidental or collateral effects that benefit property or persons not assessed. Therefore, for special benefits to exist as a separate and distinct category from general benefits, the incidental or collateral effects of those special benefits are inherently part of those special benefits. The mere fact that special benefits produce incidental or collateral effects that benefit property or persons not assessed does not convert any portion of those special benefits or their incidental or collateral effects into general benefits.”

Special Benefit Analysis
All special benefits derived from the assessments outlined in this Engineer’s Report a re for property-related activities that are specifically intended for and directly benefiting each individual assessed parcel in the GBPBID. The special benefit must affect the individual assessable parcel in a way that is particular and distinct from its effect on other parcels in the district and the public at large. No parcel’s assessment shall be greater than the special benefits received.

Streets and Highways Code Section 36601(e) states that “Property and business improvement districts formed thro ughout this state have conferred special benefits upon properties and businesses within their districts and have made those properties and businesses more useful by providing the following benefits: (1) Crime reduction. A study by the Rand Corporation has confirmed a 12-percent reduction in the incidence of robbery and an 8 -percent reduction in the total incidence of violent crimes within the 30 districts studied. (2) Job creation. (3) Business attraction. (4) Business retention. (5) Economic growth. (6) New investments.”

The GBPBID’s goal is to fund activities and improvements to provide a cleaner, safer, and more attractive and economically vibrant environment as outlined in Section 3 of this Management District Plan. The goal of improving the economic vitality is to improve the economic development Attachment B:

Greater Broadway PBID Engineer’s Report Page 11 of 18

of each individual specially benefitted parcel in an effort to increase commerce, to increase building occupancy and lease rates and to attract more customers , employees, tenan ts and investors.

Each parcel is assessed for the special benefits it receives from the GBPBID services, which may include;

• Cleaner sidewalks, streets and common areas
• Real and perceived public safety improvements
• Greater pedestrian traffic
• Enhanced rental incomes
• Improved business climate
• New business and investment
• Well managed GBPBID programs and services

Specifically, the special benefit each assessed parcels receives from each of the GBPBID activities is defined below.

Clean, Safe, and Beautiful
The enhanced safety activities make the Broadway corridor area safer which attracts more businesses, customers, and residents, and ultimately private investment. When business location decisions are made, “lower levels of public safety lead to increased uncertainty in decision making and can be perceived as a signal of a socio-institutional environment unfavorable for investment.” Uncertainty affects the investment environment in general , but in particular it increases the fear of physical damage to investment assets (or to people) or their returns…Almost universally, places with lower crime rates are perceived as more desirable.”9

The cleaning and beautification activities specially benefit each assessed p arcel within the GBPBID by providing a clean and aesthetically appealing environment. This is achieved through sidewalk sweeping, power washing, removing litter and graffiti, trash removal, and streetscape furniture. These activities create the environment needed to achieve the GBPBID’s other goals.

Sidewalks that are dirty and unclean, particularly from vagrant activities, deter pedestrians and commercial activity.

The Clean, Safe and Beautiful activities are expected to provide special benefits to the assessed parcels in a variety of ways. For example:

• Maintaining and cleaning sidewalks in front of each parcel creates a cohesive environment and allows pedestrians to move freely throughout the GBPBID. Sidewalks that are dirty and unkempt deter pedestri ans and commercial activity . “ Walkable communities offer many financial benefits, such as a reduction in healthcare costs. Homes with sidewalks tend to sell for more money and in less time than similar homes without sidewalks.

Businesses also benefit as residents are more likely to shop locally when there is increased connectivity between residential and business/commercial districts. The well -

9 “Accelerating economic growth and vitality through smarter public safety manageme nt” IBM Global Business Services Executive Report, September 2012, pg. 2
Attachment B:

Greater Broadway PBID Engineer’s Report Page 12 of 18

maintained sidewalks, accessibility, and inviting atmosphere of downtown helps to attract tourists.”10
• Removing graffiti from assessed buildings to keep the aesthetic appeal uniform throughout the GBPBID.
• The beautification activities specially benefit each assessed parcel by providing maintained landscaped corridors and streetscape furniture in public pla ces. These activities create the environment needed to achieve the GBPBID’s other goals.

Economic Vitality
The Economic Vitality activities consist of services directly benefitting the assessed commercial parcels. For example, the GBPBID will promote businesses within the GBPBID area , help assessed property owners attract high -paying tenants through advertising and neighborhood branding efforts and highlight the special benefits that the assessed commercial parcels are receiving through a website and district marketing and special events. These activities will specially benefit each assessed commercial parcel by encouraging business development and investment and increased commercial activity (e.g., filling vacant spaces, increased lease rates for commercial spaces). Decisions on where to shop, eat or conduct business are largely based on a perception of the place. If these economic vitality activities were not performed, it would be a deterrent to pedestrian traffic, business and commerce for the assessed commercial parcels.

Administration and Reserve
The GBPBID requires a professional staff to properly manage programs, communicate with stakeholders, advocate with City departments, and provide leadership. Each parcel will specially benefit from the GBPBID executive staff that will ensure that the GBPBID activities are provided and deployed to assessed parcels and will provide leadership to represent the community with one clear voice.

Special Benefit Conclusion
Based on the special benefits each assessed parcel receives from the GBPBID activities, each of the proposed activities provides special benefits to applicable real property within the district and that each parcel’s assessment is in direct relationship to and no greater than the special benefits received. All parcels within the GBPBID will specially benefit from the Clean, Safe and Beautiful activities, and all commercial parcels specially benefit from the Economic Vitality activities.

The special benefit to parcels from the proposed GBPBID activities and improvements described in this report are equal to the total amount of the proposed assessment. Each individual assessed parcel’s assessment is in proportion to the special benefit it receives from the GBPBID activities.

10 “Benefits of Sidewalks”, Iowa Healthiest State Initiative, November 1, 2017 Attachment B:

Greater Broadway PBID Engineer’s Report Page 13 of 18

General Benefit Analysis
As required by the State Constitution, Article XIIID Section 4(a), the general benefits of an assessment district must be quantified and separated out so that the cost of the activities that are attributed to general benefit are deducted from the cost assessed against each specially benefitted parcel. General benefits are benefits from the GBPBID activities and improvements that are not special in nature, are not “particular and distinct” and are not over and above the benefits that other parcels in the district or the general public receives. This analysis will evaluate and determine the level of general benefits that (1) parcels inside of the GBPBID, (2) parcels outside of the GBPBID, and (3) the public at large may receive.

General Benefit to Parcels Inside the GBPBID
The GBPBID provides funds for activities and services that are designed and created to provide special benefits to each individually assessed parcel within the GBPBID. The Clean, Safe and Beautiful activities are provided to the sidewalks and public rights-of-way in front of each assessed parcel while the Economic Vitality activities are targeted to promote the commercial parcels within the district. The special benefits conferred on these parcels are distinct and special in nature. Any general benefits the parcels may receive are incidental to providing special benefits to the assessed parcels, and thus any cost associated to the incidental benefits are not reduced from the cost of providing special benefits to the assessed parcels.11

General Benefit to Parcels Outside of the GBPBID
All the GBPBID activities and services are narrowly designed and are provided solely to each of the individual assessed parcels in the GBPBID boundary. Each of the GBPBID activities is provided to the public right-of-ways (streets, sidewalks) adjacent to all specially benefitted parcels or tenants in the GBPBID. None of the surrounding parcels will directly receive any of the GBPBID activities. “The value of any incidental, secondary, or collateral effects that arise from the improvements, maintenance, or activities of a property-based district and that benefit property or persons not assessed shall not be deducted from the entirety of the cost of any special benefit or affect the proportionate special benefit derived by each identified parcel”12. Any benefits parcels outside the GBPBID may receive are incidental to providing special benefits to the assessed parcels, and thus any cost associated to the incidental benefits are not reduced from the cost of providing special benefits to the assessed parcels.

General Benefit to the Public At Large
In addition to general benefit analysis to the parcels outside of the GBPBID boundary, there may be general benefits to the public at large, i.e., those people that are either in the GBPBID boundary and not specially benefitted from the activities , or people outside of the GBPBID boundary that may benefit from the GBPBID activities. In the case of the GBPBID, the public at large are those people that are within the GBPBID boundary that do not pay an assessment and do not specially benefit from the GBPBID activities.

To calculate the general benefit the public at large may receive, a determination is made for the percentage of each GBPBID activity budget that may benefit the general public. In this case, the Economic Vitality activities are tailored to benefit and promote each assessed commercial parcel in the district and is not intended to benefit the general public. If there are any public benefits, they are incidental and collateral to providing special benefits to the assessed commercial parcels.

11 Streets and Highways Code Section 36622 (k)(2)
12 Streets and Highways Code, Section 36622 (k)(2)
Attachment B:

Greater Broadway PBID Engineer’s Report Page 14 of 18

By contrast, the Clean, Safe and Beautiful activities do generally benefit the general public to some degree, as the general public may appreciate the enhanced level of maintenance and security as it passes through the GBPBID. To quantify this, we first determine a “relative benefit” factor for the Clean, Safe and Beautiful activities. The relative benefit factor is a unit of measure that compares the special benefit that the assessed parcels receive compared to the general benefit that the general public receives. To determine the relative benefit factor, previous studies that conducted intercept surveys in the Sacramento area were reviewed (Mack Road (2019) and Sunrise Marketplace (2019)), in addition to studies in other parts of California: San Francisco Union Square (2019), and Los Angeles ( Historic Downtown (2019), Leimert Park (2014), Arts District (2019), Downtown Industrial (2015), Fashion District (2014), and Sherman Oaks (2015).

Note: The GBPBID was not able to conduct its own intercept survey due to the COVID -19 pandemic which had shelter in place orders and very low pedestrian traffic within the district. In light of that, the above -mentioned existing surveys were used to determine the percentage of people within a district who were generally benefitted and did not engage in business activity.

The surveys found that on average 2.5% of the respondents within the district boundary were not receiving any special benefits and were just passing through. Therefore, based on professional experience and the results of previous studies, it is reasonable to conclude that this relative benefit factor properly accounts for the general public in the GBPBID that is not specially benefitted. The relative benefit factor is then multiplied by the GBPBID activity’s budget to determine the overall general benefit for the Clean, Safe and Beautiful activities. The following table illustrates this calculation.

ACTIVITY
A

Budget
Amount
B

Relative
Benefit Factor
C

General Benefit Allocation
(A x B)
Clean, Safe and Beautiful + Admin $355,952 2.50% $8,899

This analysis indicates that $8,899 of the Clean, Safe and Beautiful activities may be attributed to general benefit to the public at large and must be raised from sources other than the special assessments.

Total General Benefits
Using the sum of the three measures of general benefit described above, in year one of the renewal term, $8,899 (2.5% of the Clean, Safe and Beautiful budget, which is equal to 1.9 3% of the total GBPBID budget) is general in nature and will be funded from sources other than special assessments.

Attachment B:

Greater Broadway PBID Engineer’s Report Page 15 of 18

SECTION F: COST ESTIMATE

2023 GBPBID Assessment Budget
The GBPBID’s operating budget takes into consideration:

1. The improvements and activities needed to provide special benefits to each individual parcel within the GBPBID boundary (Section B),

2. The parcels that specially benefit from said improvements and activities (Section C), and

3. The costs associated with the special and general benefits conferred (Section E).

EXPENDITURES
TOTAL
BUDGET % of Budget
Clean, Safe, and Beautiful $325,000 70.65%
Economic Vitality $95,000 20.65%
Administration and Reserve $40,000 8.70%
Total Expenditures $460,000 100.00%

REVENUES
Assessment Revenues $451,101 98.07%
Other Revenues (1) $8,899 1.93%
Total Revenues $460,000 100.00%
(1) Other non-assessment funding to cover the cost associated with general benefit.

Budget Notations
The services proposed for year one of the renewal term are the same services that are proposed for subsequent years. Assessments will be subject to an annual increase of up to 5% per year to address changes in the cost of providing services. The determination of annual adjustments in assessment rates will be subject to review and approval by the GBPBID Owners’ Association and City Council and will be subject to the requirements of the PBID Law.

Bond Issuance
No bonds will be issued to finance improvements.

Attachment B:

Greater Broadway PBID Engineer’s Report Page 16 of 18

SECTION G: APPORTIONMENT METHOD

The GBPBID services and activities will be provided uniformly throughout the district. The cost of the special benefits received from these services is apportioned in direct relationship to each parcel’s use, building square footage and lot square frontage as discussed above. Each parcel is assigned a proportionate benefit unit for each building square foot for commercial parcels, and lot square foot for all parcels. For Tax-Exempt parcels, the Benefit Units for lot square footage reflects the no charge fo r Economic Vitality services. For Residential parcels, the Benefit Units for lot square footage reflects the 50% reduction for Clean, Safe and Beautiful services as well as the no charge for Economic Vitality services, as discussed above. The sum of the to tal assessable Benefit Units in the GBPBID is then divided into the assessment budget to determine the assessment rate for each benefit unit. The total number of assessable Benefit Units in the GBPBID are as follows:

As previously discussed in Section D, the GBPBID is broken down into three property use classifications and assessable Benefit Units. The table below summarizes the assessable Benefit Units for each property use classification:

Factor
Benefit Units
Commercial Tax Exempt Residential
Building Square Footage 1,462,673 0 0
Lot Square Footage 3,562,554 2,755,720 411,125

Calculation of Assessments
Based on the property use classifications, the assessable Benefit Units plus the proposed budget, all of which are discussed above, the following table illustrates the maximum annual assessment per assessable benefit unit for per each benefit zone. Note, assessment rates are rounded off to the fourth decimal place and a parcel’s assessment may vary slightly when calculated using the assessment rates below.

Property Use
Assmt Rate per
Benefit Unit
Commercial - Lot SF $0.0723
Commercial - Building SF $0.0207
Tax Exempt: Lot SF $0.0516
Residential: Lot SF $0.0258

Specifically, the assessment rates are calculated as follows:

All Properties:

Clean, Safe and Beautiful + Administration and Reserve – General Benefit = $347,054 100% allocated to lot square footage.

Budget / sum of lot SF
($347,054 / 6,729,399) = $0.0516 per lot square foot
Attachment B:

Greater Broadway PBID Engineer’s Report Page 17 of 18

Residential parcel’s assessment rate, assessed at 50% as discussed above = $0.0258 ($0.0516 / 2)

Commercial Properties Only:

Economic Vitality + Administration and Reserve = $104,048 100% of budget is allocated to commercial lot + building square footage.

Budget / sum of commercial lot + building square feet
$104,048 / 5,025,227 = $ 0.0207 per square foot of commercial lot + building

The total commercial lot square footage assessment rate for all GBPBID services = $0.0723 ($0.0516 + 0.0207)

The total commercial parcel assessment is calculated as follows:

$0.0516 per lot SF for Clean, Safe and Beautiful +
$0.0207 per lot SF for Economic Vitality +
$0.0207 per building SF for Economic Vitality

Sample Parcel Assessment
The assessment for a Commercial parcel with 2,000 building square feet, and 4,000 lot square feet is calculated as follows:

Bldg square footage x the assessment rate (2,000 x $0.0207) = $ 41.48 Lot square footage x the assessment rate (4,000 x $0.0723) = $ 289.04 Initial annual parcel assessment $ 330.52

The assessment for a Tax Exempt parcel with and 4,000 lot square feet is calculated as follows:

Lot square footage x the assessment rate (4,000 x $0.0516) = $ 206.40 Initial annual parcel assessment $ 206.40

The assessment for a Residential parcel with 4,000 lot square feet is calculated as follows:

Lot square footage x the assessment rate (4,000 x $0.0258) = $ 103.04 Initial annual parcel assessment $ 103.04

Maximum Annual Assessment Adjustments
Assessments will be subject to an annual increase of up to 5% per year to address changes in the cost of providing services. The determination of annual adjustments in assessment rates will be subject to review and approval by the GBPBID Owners’ Association and City Council and will be subject to the requirements of the PBID Law.

The cost of providing programs and services may vary depending on the market cost for those programs and services. Expenditures may require adjustment up or down to continue the intended level of programs and services. The Owner’s Association shall have the right to propose reallocation up to 10% by li ne item of budget allocation within the budgeted categories. Any change will be approved by the Owners’ Association Board of Directors and submitted to the City Attachment B:

Greater Broadway PBID Engineer’s Report Page 18 of 18

of Sacramento within its annual planning report pursuant to Section 36650 of the California Streets and Highways Code. The overall budget shall remain consistent with this Management District Plan. Each assessed parcel pays for 100% of the special benefit received based on the level of benefit received.

Future Development
As a result of continued development, the GBPBID may experience the addition or subtraction of assessable footage for parcels included and assessed within the GBPBID boundaries. The modification of parcel improvements assessed within the GBPBID may then change upwards or downwards the amount of total footage assessment for these parcels, pursuant to Government Code 53750(h)(3), and such change will be prorated to the date the parcel receives the temporary and/or permanent certificate of occupancy.

EXHIBIT B

EXHIBIT C
GREATER BROADWAY (FUND 2236)

PROPERTY AND BUSINESS IMPROVEMENT DISTRICT (PBID)
FY2022/23 DISTRICT FUND BUDGET
& PARCEL ASSESSMENT

Estimated Beginning Fund Balance -
Total Assessed to Property Owners 451,101
Total Resources $451,101

PBID Activities
Estimated Disbursement 448,244

Administrative Costs
Infrastructure Finance Division
Administration 1,500
Parcel Reporting -
Accounting Division
Administration 1,098
County Billing 259
Total Expenditures $451,101
Estimated Ending Fund Balance -
Year-Over-Year Change in Fund Balance -

Parcel Assessment

Annual assessment rates are based on special benefit received as defined by the Management District Plan. Assessments will be subject to an annual increase of up to 5% per year. These special benefits have been calculated based on an allocation of program costs and a calculation of lot square footage plus building square footage, as shown in the table below:

Land Use Lot Sq.Ft. Building Sq.Ft.

Commercial $0.0723 $0.0207
Tax Exempt $0.0516 $0.0000
Residential $0.0258 $0.0000

Sacramento City CouncilJuly 26, 2022

Sacramento City Council
July 26, 2022