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Agenda Item

2.9 21-0391 Subject: Property Bid Annual Reports And Assessment Payment Approval From: Economic And Workforce Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution: 1. Approving The Fiscal Year 2020-21 Annual Reports Of The Fruitvale Property Business Improvement District Of 2011 (Fruitvale District), The Lakeshore/Lake Park Business Improvement Management District Of 2012 (Lakeshore District), The Jack London Improvement District (Jack London District), The Temescal/Telegraph Business Improvement District 2015 (Temescal District), The Laurel Business Improvement District 2016 (Laurel District), The Koreatown/Northgate Community Benefit District 2017 (Koreatown District), The Downtown Oakland Community Benefit District 2018 (Downtown Oakland District), And The Lake Merritt-Uptown Community Benefit District 2018 (Lake Merritt-Uptown District) Advisory Boards; 2. Confirming The Continuing Annual Assessment For Each Said District, With The Exception Of The Fruitvale District That Is Expiring, For Fiscal Year 2021-22 And Levying Said Assessments; 3. Increasing The Lakeshore/Lake Park Business Improvement Management District Of 2012 By Five (5) Percent For The 2021-2022 Assessment; 4. Authorizing Payment Of The City's Cumulative Fiscal Year 2021-22 Fair Share Assessment In An Approximate Amount Of Two Hundred Seventy-Two Thousand Four Hundred Seventy-Seven Dollars And Four Cents ($272,477.04) For City-Owned Properties In The Jack London District, The Temescal District, The Koreatown District, The Downtown Oakland District And The Lake Merritt-Uptown District; And 5. Renewing The Agreements With The Districts For Administration And Disbursement Of Funds; And