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Agmt20 Redwood City Improvement Association-CBID Operating Agreement
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Agmt20 Redwood City Improvement Association-CBID Operating Agreement
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Last modified
12/19/2023 4:02:59 PM
Creation date
8/12/2020 12:38:10 PM
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Template:
Agreement
Contractor Name
Redwood City Improvement Association
PROJECT NAME
Management and Disbursement Agreement
RMP File Number
304
Date
7/28/2020
Reso Ref
Ordinance 2411
MO Ref
See Ord 2411
Amendment
Yes
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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 1st, 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 17th, 2013; <br />-October 23 rd 2013; <br />-December 12th, 2013; <br />-January 9th, 2013; <br />-January 29th, 2014; <br />-February 5th, 2014; <br />-February 20th, 2014; <br />-March 17th, 2014 <br />3 <br />
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