Recommendation to approve the Downtown Long Beach Parking and Business Improvement Area (DLBPBIA) Annual Report continuing the DLBPBIA assessment for the period of October 1, 2018 through September 30, 2019; and, authorize City Manager, or designee, to extend the agreement with the Downtown Long Beach Alliance for a one-year term.  (Districts 1,2)
Motion carries. Now we move to item 19. Report from Economic Development Recommendation to approve the downtown Long Beach Parking and Business Improvement Area Annual Report. Continuing the assessment for the period of October one, 2018 through September 30, 2019. Districts one and two. Council and Pearce. Their staff report. Eric Romero. Honorable Vice Mayor and members of the City Council. This item is the annual approval of the downtown Long Beach Parking and Business Improvement Area Annual Ongoing Assessment. The downtown Long Beach Alliance has two established sources of business improvement district revenue that pass through the city of Long Beach to the organization. This recommended action relates to the business operator assessment funds that are used to promote and market the downtown Long Beach. Downtown Long Beach on behalf of the businesses located in the downtown Long Beach Parking Business Improvement Area. The 2018 19 LBA budget narrative describes proposed activities and budget information as well as the method and basis for continuation of the assessment. The budget narrative proposes no change in the boundaries and no significant change in proposed activities. The debate board voted on April 18, 2018, to raise the assessment rates by 2.79% per the allowed Consumer Price Index adjustment staff across the City Council continue the levy of the assessment and authorize the city manager to extend the agreement for one additional year. That concludes my staff report. It's been. Awesome. Thank you. Councilmember Arango. Any public comment on this now? Please cast your vote.