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HomeMy WebLinkAboutROI NO 1086P~ESOLUTION OF INT~TION NO. 1086 A RESOLUTION OF INT~TION DECLARING I~T~a~TIONTODISESTABLISHTHEBUSINESS IMPROVEMENT DISTRICT AND SETTING TIME AND PLACE FOR PUBLIC HEARING. WHEREAS, Section 36550 of Highways Code provides the procedure a business improvement district; and WHEREAS, the business improvement improvement tax. the California Streets and for the disestablishment of City Council intends to disestablish the district and discontinue the business NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Bakersfield as follows: 1. The foregoing recitals are true and correct. 2. It is the intention of the City Council to disestablish the business improvement district and related tax set forth in Chapter 5.04 of the Bakersfield Municipal Code. 3. The reason for the disestablishment of the business improvement district and tax is that the city has received a number of complaints by taxpayers within the district expressing dissatisfaction with having to pay the additional tax; the Downtown Business Association voted not to oppose disestablishment of the district; and the response to a survey of 250 taxpayers (145 responses were received) within the district showed that 87% favored discontinuance of the business improvement district tax. 4. Upon disestablishment, it is proposed that any assets of the district acquired with the revenues of assessments levied within the business improvement district be sold as surplus city property, with any funds therefrom to be distributed to those taxpayers who paid the assessment in the current fiscal year, by the same method used to calculate the assessment. 5. This Council hereby sets WEDNESDAY, JANUARY 15, 1992, at 7:00 P.M., at the Council Chanfoers of the City Council, 1501 Truxtun Avenue, Bakersfield, California, as the time and place for the public hearing on the disestablishment of the business improvement district and related matters. .......... o0o .......... ORIGINAL I }[ERRRY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on n~ I R 1991 , by the following vote: AYES; COUNCtLMEMBERS: EDWARDS,, DeMOND, SMITH, 8RUNNI, PETERSON, McDERMOTIi-, SALVAGGIO NO~S; COUNCILMEMBERS: A-BS~ NT COLINCtLMEMBERS ABSTAIN: COUNCILMEMBERS' CITY ~LERK and ~x ~)fficio Clerk of the Council of the City of Bakersfield APPROVED DEC t 8 1991 CLARENCE E. MEDDERS MAYOR of the City of Bakersfield APPROVED as to form: LAWRENCE M. LUN~I~DINI CITY ATTORNEY of the City of Bakersfield LCM/meg BID-ROI.R-3 12/9/91 ORIGINAL