Agmt20 Redwood City Improvement Association-CBID Operating Agreement

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Exhibit B 01/26/2015 ORIGINAL ORDINANCE NO. 2411 ORDINANCE OF THE CITY OF REDWOOD CITY ADDING A NEW SECTION 31.15 TO CHAPTER 31 OF THE MUNICIPAL CODE RELATING TO THE PROVISION OF IMPROVEMENTS AND ACTIVITIES BY COMMUNITY BENEFIT IMPROVEMENT DISTRICTS NOW, THEREFORE, THE COUNCIL OF THE CITY OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: Section 1. The City Council makes the following findings: 1. The Redwood City Community Benefit Improvement District Procedural Ordinance (Chapter 31 of the Redwood City Municipal Code) (the "Procedural Ordinance") authorizes the City to establish Community Benefit Improvement Districts ("CBID's") and to levy an annual benefit assessment against real property located within each CBID; and 2. Proceeds of the assessment levied in connection with a CBID are used to fund improvements and activities, such as security, safety, sanitation, beautification, and marketing services, that specially benefit assessed property in that CBID; and 3. Streets & Highways Code Sections 36614.5 and 36651, which are incorporated into the Procedural Ordinance by virtue of Section 31.5 of the Procedural Ordinance, contemplate that the City may contract with an "Owner's Association" to provide the improvements and activities funded by a CBID; and 4. The City Council desires to amend the Procedural Ordinance to clarify the contracting procedures applicable to a contract with an Owner's Association. Section 2. A new Section 31.15 is hereby added to Chapter 31 of the Redwood City Municipal Code, to read as follows: 31.15 Owner's Association. The City may contract with an Owner's Association, as defined in Section 36614.5 of the PBID Law, to provide the improvements and activities ATTY/ORD.406/RC CBID PROCEDURE ORDINANCE AMENTMENT ORD. # 2411 REV: 12-16-14 PT FORMERLY MUFF # 506 Page 1 of 2