NVF:EEH RES NO.
4/1/2022
T-42379/1910253 1
Council Agenda: 04/19/2022
Item No.: 3.4(a)
DRAFT – Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.
RESOLUTION NO.
A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN
JOSE APPROVING THE CITY’S EXECUTION OF
PETITION(S) AS PROPERTY OWNER TO EXPAND AND
RENEW THE DOWNTOWN PBID
WHEREAS, in August 2007, consistent with the Property and Business Improvement District Law of 1994, Section 36600 et. seq. of the California Streets and Highways Code and provisions of Article XIIID of the State Constitution (collectively, “PBID Laws”), the City Council of the City of San José (“City Council”) formed a property and business improvement district (“PBID”) in Downtown San José for an initial five -year term which expired on December 31, 2012; and
WHEREAS, in June 2012, the City Council expanded and renewed the PBID for an additional ten-year term which expires on December 31, 2022, and must be renewed if the property assessment and the enhanced services are to continue; and
WHEREAS, to initiate the process to expand and renew the PBID requires petitions be signed by property owners in the PBID who will pay more than fifty percent of the assessment proposed to be levied; and
WHEREAS, the City has received petitions from property owners within the PBID other than the City that represent more than fifty percent of the assessment proposed to be levied; and
WHEREAS, properties in the PBID owned by the City of San Jos é represent approximately sixteen percent (16%) of the total
assessment; and
WHEREAS, as a show of support for the expansion and renewal of the PBID, the City Council desires to execute petition(s) to expand and renew the PBID; NVF:EEH RES NO.
4/1/2022
T-42379/1910253 2
Council Agenda: 04/19/2022
Item No.: 3.4(a)
DRAFT – Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SAN JOSE THAT:
The City Manager or her designee is authorized to execute the petition(s) to expand and renew the PBID on behalf of the City as a property owner subject to assessment.
ADOPTED this _____ day of ___________, 2022, by the following vote:
AYES:
NOES:
ABSENT:
DISQUALIFIED:
VACANT:
SAM LICCARDO
Mayor
ATTEST:
TONI J. TABER, CMC
City Clerk