NVF:CD
5/26/2022
T-42379 / 1925874.docx 1
Council Agenda: 06/07/2022
Item No.: 3.6(b)
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 CASTING A BALLOT IN FAVOR OF THE
EXPANSION AND RENEWAL OF THE DOWNTOWN SAN
JOSE PROPERTY-BASED BUSINESS IMPROVEMENT
DISTRICT AS THE PROPERTY OWNER OF REAL
PROPERTY IN THE PROPOSED DISTRICT AND THE
IMPOSITION OF AN ASSESSMENT OF CITY-OWNED
PROPERTY IN THE AMOUNT OF $748,264, WITH
ANNUAL INCREASES OVER THE NEXT NINE (9) YEARS
OF UP TO FIVE PERCENT (5%) PER YEAR, PLUS UP TO
AN ADDITIONAL FIVE PERCENT (5%) ON ENTERPRISE
GOVERNMENT PARCELS
WHEREAS, on April 19, 2022, the City Council of the City of San José adopted Resolution No. 80468 approving the City property owner petition that supports the expansion and renewal of the Downtown San José Property-Based Business Improvement District (“PBID”); and
WHEREAS, the City Council has held a public hearing for the expansion and renewal of a PBID; and
WHEREAS, City staff recommends that the City Council cast a ballot in favor of the expansion and renewal of the PBID and the imposition of an assessment on City-owned property; and
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SAN JOSE THAT:
A ballot is cast in favor of the expansion and renewal of the Downtown San José Property-Based Business Improvement District and the imposition of an assessment on City-owned property in the amount of $748,264, with annual increases over annual NVF:CD
5/26/2022
T-42379 / 1925874.docx 2
Council Agenda: 06/07/2022
Item No.: 3.6(b)
DRAFT – Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.
increases over the next nine (9) years of up to five percent (5%) per year, plus up to an additional five percent (5%) on enterprise government parcels.
ADOPTED this _____ day of ___________, 2022, by the following vote:
AYES:
NOES:
ABSENT:
DISQUALIFIED:
VACANT:
SAM LICCARDO
Mayor
ATTEST:
TONI J. TABER, CMC
City Clerk
NVF:CD
5/26/2022
ATTACHMENT A
T-42379 / 1925874.docx Attachment A
Council Agenda: 06/07/2022
Item No.: 3.6(b)
DRAFT – Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.