Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
JUNE 15, 2016
Subject/Action
SUBJECT: VENICE BEACH BUSINESS IMPROVEMENT DISTRICT
ACTION: AUTHORIZE PARTICIPATION IN THE VENICE BEACH BUSINESS IMPROVEMENT DISTRICT
Heading
RECOMMENDATION
Title
CONSIDER:
A. SUPPORTING the establishment of the proposed Venice Beach Business Improvement District ("BID) in the City of Los Angeles and the resulting assessments on properties within the District boundaries owned by Metro; and
B. AUTHORIZING the Chief Executive Officer ("CEO") or his delegate to sign any necessary petitions and cast any subsequent ballots in support of the BID and property assessments.
Issue
ISSUE
The Metro Board adopted the General Guidelines for Metro Participation in Proposed Assessment Districts ("Guidelines") in June 1998. The Guidelines require staff to analyze each assessment district and/or improvement based on whether they improve Metro property or facility, benefit Metro employees, benefit Metro's passengers, or reduce costs for the agency. Staff is to provide the Board with an analysis, on a case by case basis, that determines whether Metro property benefits from the proposed services or improvements; and whether the benefit to the property exceeds the cost of the assessment. Based on the guidelines, the Board must determine whether or not to participate in the proposed district.
Establishment of the District is a two-step process that includes (1) submission of favorable petitions from property owners representing more than 50% of total assessments to be paid; and (2) return of mail ballots evidencing a majority of ballots cast in favor of the assessment. As a property owner in the proposed District, Metro has received notice of the establishment of the District and has been requested to sign a Petition to establish the District and to ultimately vote to in favor of the assessment.
POLICY IMPLICATIONS
Proposition 218, which was approved in November 1996, requires that all p...
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