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8.A. - Page 11 <br /> Section 1 <br /> Management District Plan Summary <br /> This is the Management District Plan for the proposed "Downtown Redwood City Community <br /> Benefit Improvement District" (the "CBID "). The CBID is being proposed for establishment <br /> pursuant to the Redwood City Community Benefit Improvement District Procedural Ordinance <br /> (Redwood City Municipal Code Chapter 31) (the "Ordinance "). A summary of the key elements <br /> of the proposed Downtown Redwood City Community Benefit Improvement District plan <br /> follows: <br /> Developed by the Downtown Redwood City CBID Steering Committee — this Management <br /> District Plan is proposed to improve and provide special benefits to individual parcels located <br /> within the boundaries of the newly proposed 2014 Downtown Redwood City Community <br /> Benefit Improvement District. The proposed CBID will provide special benefit district <br /> improvements and activities, including cleaning, beautification, district identity, parking <br /> management, public space management and enhancement to the public rights of way for <br /> residents, providing amenities for the new residential growth under construction in Downtown <br /> and other special benefit programs to parcels within the boundaries of the proposed CBID. <br /> The proposed Downtown Redwood City CBID serves to improve the individual parcels, attract <br /> new residents, businesses and customers to their businesses, increase sales, increase <br /> occupancies and enhance the benefitting individual parcels within the CBID. The proposed <br /> CBID seeks to fund the special benefits that will be provided over the next fifteen years, based <br /> upon keeping the Downtown Redwood City area attractive, clean, safe, orderly, well marketed <br /> with special events and programs, make the district a high quality place to live and entertain <br /> guests and to increase commerce within the boundaries. <br /> Outreach to Property Owners: <br /> As of June 1 2014, two mailings have gone out to property owners to explain the CBID, <br /> request response to the survey and then to verify our property data on file. We anticipate at <br /> least 2 more mailings prior to the completion of the public hearing on this issue in July. In terms <br /> of meetings with property owners, CBID Steering Committee meetings were held on the <br /> following dates: <br /> - September 17 2013; <br /> - October 23 2013; <br /> - December 12 2013; <br /> - January 9 2013; <br /> - January 29 2014; <br /> - February 5 2014; <br /> - February 20 2014; <br /> - March 17 2014 <br /> 3 <br />