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_. �_.r _ �._� �._.�. � �.� _� . <br /> 06/09/2014 <br /> This plan proposes that there will be two Benefit Zones for the Downtown CBID. It was <br /> determined by CBID Steering Committee in formulating the services plan for this CBID that the <br /> properties in the area described as Benefit Zone 1 below required additional parking <br /> management as well as parking lot leasing and valet services for customers and clientele <br /> transacting business in Zone 1 which will not be provided to Zone 2 properties. <br /> The parcels within each benefit zone were set by the Downtown CBID Steering Committee, <br /> who, based upon their knowledge of the critical mass of pedestrian traffic concentration, retail <br /> concentration and frequency of use by visitors to Downtown, set the boundaries based upon <br /> the frequency and type of services that the specific parcels would receive. The Steering <br /> Committee determined that all parcels would benefit equally within the CBID boundaries based <br /> upon Sidewalk Operations and Beautification services, District Identity, Administration and <br /> other overhead expenses in operating the special benefits district. <br /> The one service distinction between the two benefit zones was based solely on parking <br /> management needs. Whereas Benefit Zone 1 parcels specifically advocated for valet, parking <br /> leasing and parking operational services in the evening hours for the retail, restaurant, and <br /> entertainment businesses fronting on Broadway in the CBID, Middlefield (west of Broadway), <br /> and on Pennsylvania Street between Broadway and Middlefield, the other individual parcels <br /> peripheral to these Benefit Zone 1 parcels within the CBID boundaries, would not require the <br /> valet and parking lot rental services due to their non-retail and restaurant land uses. Benefit <br /> Zone 1 parcels will fund the enhanced parking services through their supplemental assessment <br /> assessed to the building square footage costs,which are slightly higher in Zone 1 vs.Zone 2. <br /> Zone 2 parcels have qualitatively different parking needs centering NOT on specific evening <br /> retail and restaurant needs, but rather needs related to parking and circulation, possible CBID <br /> wide shuttle services, and parking mitigation for daytime construction worker use of limited <br /> street parking needs. Zone 1 property owners through the Steering Committee direction, <br /> specifically understand that Zone 1 parcels would need to pay their proportional share of the <br /> parking special benefit needs, funded through the supplemental building square foot <br /> assessments. These supplemental building assessments are specifically earmarked for parking <br /> benefit services only to Zone 1 parcels. <br /> CBID wide special benefit parking needs may be funded from time to time, and based upon <br /> Owners Association direction, from the linear frontage assessments which fund Sidewalk <br /> Operations and Beautification services. The decision to use linear frontage assessments, which <br /> are equally apportioned throughout the CBID, is a decision to be made by the Owners <br /> Association in the implementation of the programs and activities of the CBID. <br /> Benefit Zone 1 would include: <br /> a. All parcels fronting along Broadway from Maple Street on the East to EI Camino on the <br /> west, also the site of the new Crossings 900 office building <br /> b. Courthouse Square <br /> c. Parcels fronting on Theatre Way <br /> RESO.#15347 <br /> MUFF#506 <br />