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Res14 15347
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Res14 15347
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Last modified
10/11/2019 7:51:49 AM
Creation date
10/11/2019 7:51:36 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency
Date
6/9/2014
Description
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY DECLARING ITS INTENTION TO FORM THE DOWNTOWN REDWOOD CITY COMMUNITY BENEFIT IMPROVEMENT DISTRICT PURSUANT TO THE REDWOOD CITY COMMUNITY BENEFIT IMPROVEMENT DISTRICT PROCEDURAL ORDINANCE AND SETTING A TIME AND PLACE FOR A PUBLIC HEARING IN CONNECTION THEREWITH
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i ��. � _ _ _ <br /> 06/09/2014 <br /> ■ Holiday decorations <br /> ■ Branding of Downtown Redwood City so a positive image is supported <br /> ■ Banner programs <br /> ■ Public art displays <br /> ■ Logo development <br /> ■ Public space design and work <br /> ■ Other marketing and promotion strategies and programs <br /> ■ Management of district identity related services <br /> ■ Signage <br /> PARKING MANAGEMENT 7% <br /> Parking management services are special benefits conferred to property owners based upon <br /> their location within the two Benefit Zones in the CBID. Benefit Zone 1 parcels will pay a <br /> premium on their building square footage to fund the services for Zone 1 valet services as well <br /> as rental of private parking lots to accommodate Zone 1 businesses along Broadway and Main <br /> Streets. All CBID parcels may have special benefit parking management services funded <br /> through the linear frontage costs, which may include other Sidewalk operations services. <br /> Benefit Zone 1 and 2 parcels may determine that they need to manage parking services related <br /> to mitigation of parking from new construction projects that will be occurring predominantly in <br /> the Zone 2 area for at least the next 5 years. Therefore,there will be two distinct levels of Zone <br /> parking management services based upon the special benefit needs of Zone 1, Zone 2 or their <br /> common need for overall parking management services throughout the CBID. Examples of <br /> these special benefit services and costs include, but are not limited to: <br /> ■ District parking valet program (Funded by Benefit Zone 1 property owners) <br /> ■ Rental of private parking lots within Benefit Zone 1 (Funded by Benefit Zone 1 property <br /> owners) <br /> ■ Possible shuttle to peripheral parking structures (provided to property owners in both <br /> Benefit Zones and funded by linear frontage in both Benefit Zones); * <br /> ■ Parking management services district wide, including a shuttle, leased parking (provided <br /> to property owners in both Benefit Zones and funded by linear frontage assessments in <br /> both Benefit Zones); * <br /> ADMINISTRATION AND CORPORATE OPERATIONS: 15% <br /> These are overhead expenses to oversee the implementation of programs and activities in the <br /> CBID. <br /> ■ Staff and administrative costs <br /> ■ Directors and Officers insurance, general liability insurance <br /> ■ Office related expenses, equipment, rent <br /> ■ Financial reporting, accounting <br /> ■ Legal work <br /> RESO.#15347 <br /> MUFF#506 <br />
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