Title 04 Administrative Agencies and Procedures
Chapter 04.31C East Sprague Parking and Business Improvement Area
Section 04.31C.140 Renewal - Termination
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To promote continuity in services being provided by the East Sprague PBIA, and to enhance the special benefits supporting the special assessments in the PBIA, the City Council may only terminate the PBIA or repeal chapter 4.31C SMC by taking legislative action by July 1st to effectuate the termination or repeal for the subsequent year. If the Council does not take such legislative action by July 1st, the PBIA shall continue through the subsequent year.
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If by July 1st, the City Council receives a petition signed by businesses and multifamily residential or mixed-use operators within the PBIA which would pay a majority of the special assessments requesting the termination of the PBIA, the City Council shall, after a public hearing, adopt a resolution terminating the PBIA effective January 1st of the subsequent year. The City Clerk, through the City administration, shall verify that the petition signatures represent more than a majority of the businesses and multifamily residential or mixed-use operators within the PBIA which would pay a majority of the special assessments.
Date Passed: Monday, April 18, 2016
Effective Date: Saturday, May 28, 2016
ORD C35377 Section 1