Title 04 Administrative Agencies and Procedures
Chapter 04.31 Parking and Business Improvement Area
Section 04.31.100 Annual Budget
The ratepayer advisory board shall submit to the city council through the program manager on or before December 1st of each year a report consisting of:
- a statement of the proposed projects, programs and activities to be funded from BID assessments during the ensuing fiscal or calendar year;
- the proposed BID budget; and
- a list of ratepayers, business classifications and the assessment rates necessary for financing the proposed budget.
The city council, upon receipt of the report may approve, reject, correct, revise, modify and amend the proposed projects, programs and activities, budget and assessment and thereafter, by ordinance or resolution, approve the activities, budget and assessment as provided or as modified.
Date Passed: Monday, March 26, 2007
Effective Date: Sunday, May 6, 2007
Recodification ORD C33995 Section 1
