CITY COUNCIL ACTION REQUEST
Department(s):
Public Works
CEQA:
Not a Project, File No. PP17-
009, Staff Reports,
Assessments, Annual
Reports, and Informational
Memos that involve no
approvals of any City action.
Coordination:
City Attorney’s Office
and City Manager’s
Budget Office
Dept. Approval:
/s/ Matt Cano
Council District(s):
6 CMO Approval:
SUBJECT: WILLOW GLEN COMMUNITY BENEFIT IMPROVEMENT DISTRICT FINANCIAL REPORT FISCAL YEAR 2021-2022
RECOMMENDATION:
Accept the Willow Glen Community Benefit and Improvement District Financial Report for FY 2021-2022, which provides information to the public and the property owners in the district regarding the use of the assessments and the management and operations of the district.
BASIS FOR RECOMMENDATION:
The Willow Glen Community Benefit and Improvement District was approved by property owners and adopted by City Council on December 16, 2008, to raise funds for cleaner sidewalks, litter pickup, more attractive streetscapes, better parking management, and increased promotions and events. The Willow Glen Business Association (Owners’ Association) is under contract with the City to administer the operations of the district. The annual assessments collected, minus fees, are transferred to the Owners’ Association twice annually for the Owners’ Association to provide the services and promotions as described in the Willow Glen Benefit and Improvement District Management Plan. The Willow Glen Community Benefit and Improvement District is currently programmed in the Business Improvement District Fund .
Pursuant to the agreement between the City and the Owners’ Association, a Financial Report for FY 2021- 2022 was submitted on November 22, 2022, for Council review and approval. Staff reviewed the Financial Report and it meets the requirement of the agreement between parties. The Financial Report is provided in Attachment A and contains the following information as required by the agreement:
1. Summary of Assessed Services for FY 2021-2022
2. Procurement of Goods and Services
3. Property Owners’ Association meeting dates for FY 2021-2022
4. FY 2021-2022 Budget Report
5. FY 2021-2022 CPA Review
Budget elements include Administration; Contingency/Reserve; District Identity and Streetscape Improvements/Marketing and Promotions; Sidewalk Operations, Beautification, Order and Parking .
Climate Smart San Jose:
This item does not have any negative impact on Climate Smart San Jose energy, water, or mobility goals.
Commission Recommendation/Input:
This item does not require any input from a board or commission.
COST AND FUNDING SOURCE:
No costs are associated with this action.
FOR QUESTIONS CONTACT: Thomas Borden, Interim Senior Engineer, (408) 535-6831 Attachment A
COUNCIL AGENDA: 01/10/23
FILE: 23-012
ITEM: 2.11