Title
Subject: BID Annual Reports And Assessment Payment Approval
From: Economic And Workforce Development Department
Recommendation: Adopt The Following Pieces Of Legislation:
A Resolution: 1) Approving The Fiscal Year 2022-23 Annual Reports Of The Lakeshore/Lake Park Business Improvement Management District Of 2022 (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 Oakland Tourism Business Improvement District 2018 (Oakland Tourism District), The Downtown Oakland Community Benefit District 2018 (Downtown Oakland District), The Lake Merritt-Uptown Community Benefit District 2018 (Lake Merritt-Uptown District), And The Chinatown Community Benefit District 2021 (Chinatown District) Advisory Boards; And 2) Confirming The Continuing Annual Assessment For Each Said District And Levying Said Assessments, With The Exception Of The Jack London District That Is Expiring, For Fiscal Year 2023-24; 3) Increasing The Laurel District, Lakeshore District, Chinatown District, Downtown Oakland District, And Lake Merritt-Uptown District By Five (5) Percent And The Temescal District By Four (4) Percent For The 2023-2024 Assessment; 4) Authorizing Payment Of The City’s Cumulative Fiscal Year 2023-24 Fair Share Assessment In An Approximate Amount Of Four Hundred Four Thousand Nine Hundred Forty Dollars And Ten Cents ($404,940.10) For City-Owned Properties In The Temescal District, The Koreatown District, The Downtown Oakland District, The Lake Merritt-Uptown District, And The Chinatown District; And