Stockton Tourism Business
Improvement District
(STBID) Renewal
Public Hearing
Stockton City Council
Agenda Item 16.1
November 19, 2024
STBID
Background
Established in 2010- 5 Year Term
Renewed in 2014 for 10-year term
Established by City at the request of Lodging Business Community
Stockton Convention and Visitor’s Bureau was contracted to Manage and provide marketing and tourism attraction services for the STBID.
STBID requires that a budget and Management District Plan be created and approved annually by Council
STBID
Process
Jul - Sept Hoteliers sign petition to renew
Oct 1 Council adopted Resolution of Intent to Renew
Oct 4 Notice of Intent to renew mailed to Lodging Businesses Nov 2 Notice regarding public meeting and hearing mailed to lodging businesses
Nov 12 Hold Public Meeting, receive public testimony
Nov 19 Hold Public Hearing and take action on Renewal Resolutions
Resolution
Actions:
Modify the current Management District Plan to end early on December 31, 2024;
Declaring the results of the protest period - the majority supports the renewal and modification;
Approving the modified Management District Plan to include a 1% assessment increase to 5%, with 0.5% increase in year six to 5.5%; Approving the renewal of the STBID, effective January 1, 2025 through December 31, 2035; and
Approving an amendment to the management agreement with Stockton Convention and Visitors Bureau modifying the term to extend through December 31, 2035.