Recommendation to receive supporting documentation into the record, conclude the public hearing, adopt resolution continuing the Fourth Street Parking and Business Improvement Area assessment levy for the period of October 1, 2020 through September 30, 2021; and authorize City Manager, or designee, to extend the agreement with the Fourth Street Business Improvement Association for a one-year term.  (District 2)
Okay, great. We're going to go back to the agenda. We have two hearings. One side is to hearing tape. Please report from economic development recommendations, receive supporting documentation into the record, conclude the public hearing and adopt a resolution continuing the Fourth Street Parking and Business Improvement Area Assessment Levee District two. Mr. Modica. Good evening, Mayor. I'd like to introduce Eric Romero, project manager, Economic Development Department. He'll make the staff presentation for this item. And Eric, just give us a quick overview. Sure. The fourth Street parking and business improvement area was established by the City Council in 27, allowing for the live even annual assessment to be paid by businesses located in the district. The city contracts with the Fourth Street Business Improvement Association to manage the district. State law requires that a public hearing be held on the proposed program, an assessment at its November 17, 2020, meeting. The City Council approved a resolution granting approval to any report declaring the intention of the City Council to levy the assessment and sets a day of the data public hearing. So the Council shaheer and consider all protest from area businesses against the settlement program are boundaries and proposed in any report. That concludes my staff report. Any public comment, Madam Clerk? No public comment on this item. Council member Pearce made the motion. Let's go to a rock. There's a second bike. Who's got the second Sunday house. Okay. And please walk over. District 1. A.m.. District two. I. District three. I District four, district five. I. District seven. I. District eight. I. District nine. I. Motion carries. Okay. Thank you. Hearing 29 please.