Recommendation to approve the Downtown Long Beach Property and Business Improvement District Annual Report for the period of January 1, 2018 through December 31, 2018, automatically extending the Agreement for Funding with the Downtown Long Beach Alliance for one year; authorize payment of $531,523 in City property assessments from the Civic Center Fund (IS 380) in the Public Works Department (PW); and, $5,398 from Successor Agency Fund (SA) in the Development Services Department (DV); and Increase appropriations in the Civic Center Fund (IS 380) in the Public Works Department (PW) by $101,282, offset by a reduction in funds available. (Districts 1,2)
Motion case. Thank you. Item 27. Next item. Report from Economic Development and Public Works. Recommendation to approve the downtown Long Beach Property and Business Improvement District Annual Report. Automatically extending the agreement for funding with the downtown Long Beach Alliance for one year districts one and two. Thank you. Report from staff. I think I have to excuse myself. My partner Adam works for the DLP, so I will excuse me. Okay. Okay. Madam Clerk, meet with the item or we'll just read the item. Staff can. Just now. I mean, just backwards. Sure. I mean, members of the city council. This item is the annual approval of the downtown Long Beach Property and Business Improvement District Annual Ongoing Assessment. The recommended action in this item continues the assessment for another year. There are no proposed changes to the basis of assessment. However, the downtown Long Beach Alliance board voted on May 4th, 2017, to raise the assessment rates 3% per the allowed Consumer Price Index adjustment, which is reflected in the annual report. There are no significant changes in proposed activity. Staff requested the City Council approve the annual report and continue the assessment and authorize the city manager to extend the agreement for one additional year. That conclusion report. Thank you, Councilmember Pearce. Yes. I just want to thank the DOJ for their hard work. I want to thank Eric and the team for working with the Dolby. I know we roll these out a little differently than we did last year. And I also want to highlight that the deal is taking on a little bit more in supporting our arts park , bringing on insurance so we can have that open more often. So again, creating a safe downtown. So thank you. Thank you, Vice Mayor Richardson. Hear, hear. Keep the public comment on this item. CNN. Please cast your votes.