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AgdaPkt 2018-01-22 Joint SA PFA
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AgdaPkt 2018-01-22 Joint SA PFA
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Last modified
1/24/2018 12:26:31 PM
Creation date
1/18/2018 1:21:49 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/22/2018
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REPORT <br />January 22, 2018 <br />SUBJECT <br />Annual report from <br />Improvement District <br />To the Honorable Mayor and City Council <br />From the City Manager <br />the Redwood City Improvement Association Community Benefit <br />RECOMMENDATION <br />Adopt a resolution accepting the annual report for fiscal year 2016-2017 from the <br />Redwood City Improvement Association Community Benefit Improvement District and <br />authorizing the organization to implement the services identified in the Management <br />District Plan <br />BACKGROUND <br />In 2014, downtown Redwood City property owners voted to approve the creation of a <br />Community Benefit Improvement District (CBID) that is known today as the Redwood <br />City Improvement Association (RCIA). The property owners created this association to <br />fund special benefits beyond normal City services that support downtown Redwood City <br />as the premier entertainment destination on the peninsula. <br />Every property owner within the district pays an assessment that is used within the <br />district to keep the downtown attractive, clean, safe, and orderly and to publicize the <br />downtown. In turn, RCIA funds five basic categories of services: sidewalk operations <br />and beautification; district identity; parking management; program management; and the <br />creation of a reserve fund. <br />As part of the formation of the CBID, the City Council requested a report on the yearly <br />activities of the RCIA organization. <br />ANALYSIS <br />The RCIA organization is represented by an 18 -member Board of Directors comprised <br />of property owners, business professionals and residents. Three sub -committees are <br />designated in the district management plan to implement the work of the RCIA <br />organization: Sidewalk Operations and Beautification, District Identity and Signage, and <br />Parking. <br />
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