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HomeMy Public PortalAbout97-106 (07-15-97)CITP OF LYNWOOD LOS ANGELS COUNTY, CALIFOItNIA 97-106 RESOLUTION NO. _ ' A RESOLUTION OF THE CITY COUNCIL OF THE C1TY OF LYNWOOD ALLOCATING FUNDS FROM TAE ASSESSMENT FOR Tf~ FISCAL YEAR 199'7-98 IN CONNECTION WITH THE LYNWOOD PARKING AND BUSINESS IIvIPROVEMENT DISTRICT WHEREAS, the City of Lynwood ("City") is a general law city organized and e~isting under the laws of the State of California; and WHEREA,S, pursuant to the Parking and Business Improvement Area Law of 1979, former Part 6(commencing with Section 36500) of Division 18 of the Califomia Streets and Higlnvays Code, the City Council 1985 adopted Ordinance No. 1262 establishing a parking and business impmvemem azea; and WHEREAS, the Parlflng and Business Improvement Area Law of 1979 was repealed and replaced with the Parking and Business Improvement Area Law of 1989 (Califomia Streets and Highways Code Secfions 36500, et segJ (the "Law°), which provides that every improvement area established prior to January 1, 1990, in accordance with the Parking and Business Improvement Arca Law of 1979 is valid and effective and is unaffected by the repeal of that law; and WHEREAS, the city's pazlmtg and business impmvement azea includes all of the temtory within the eaterior boundaries of the City, as the same existed on the date of adop[ion of ordinance No. 1262; and ~ WHERBAS, the Law requires that the City Council appoim an advisory boazd for the Ciry's padcing and business improvement area and azmually undertalce proceedings to levy a chazge (assessment) against every buslness entecprise located therein; and WHEREAS, by a previous resolution, the City Council established azi Advisory Bu~~d for the Ciry's pazkuig and buslness improvement azea and d'uected the Advisory Boazd to preparc a rcport for fiscal year 199'7-98; and WHEREAS, the Advisory Boazd made the following rewmmendaUOns relative to tlie allocaaon of funds for the 1997/98 fiscal year: Lynwood Chamber of Commerce $ 90,000.00 City of Lynwood Recrearion & Community Services Deparhnent $ 15,000.00 Total Funds Available 5105,000.00; and WHEREAS, a public hearing l~as been held on'I~esday, July 15, 1997 to provide ~ic opportuniry for public u~put relative to this issue; and NOW, Tf~REFORE, BE Tl' RESOLVED BY THE CPI'I' COUNCIL AS FOLLOWS: Secflon 1. Approve the following allocation for the P.B.I.D. funds upon completion o C a public hearing held July 15, 1997. ~ Lynwood Chamber of Commerce $ 90,000.00 ( Allocation for 1997-98 FY) City of Lynwood $ 15,000.00 (Cazryover Funds from 19J6- 97 FY) Total $ 105,000.00 These allocations aze to be expended solely for the pmposes authorized by State law, all of which are identified in the report. The report does not pmpose any changes in the boundaries of flie pazking ~md business improvement area, the basis and method of Ievying the assessiaents, or the classification of businesses. There aze no stuplus or deficit revenues to be carried over from the previous fiscal year, and no contribuflons aze to be made from sources other than the assessments. Section 2. Approve the following allocaflon for the P.B.I.D. funds upon completion of a public hearing held July 15, 1997. Lynwood Chamber of Commerce $ 90,000.00 ( Allocation for 1997-98 FY) Ciry of Lynwood $ 15,000.00 (Carryover Flmds from 1996- 97 FY) Total $ 105,000.00 ' These allocations are to be expended solely for the pwposes authorized by State law, all of which are iden~ed in the report. The report does not pmpose any changes in the boundaries of the pazking and business improvement area, t6e basis and method of levying the assessments, or the classification of businesses. There aze no sutplus or deficit revenues to be carried over from the previous fiscal year, ~uid no contributions aze to be made from sources other than the assessments. Section 3. The report desqibed above, as modified, is directed to be filed with the Cuy Clerk. PASSED, APPROVED AND ADOPT'ED Uris 15th da ~19 . ~ .-~ PAUL H. RIC , , ATTEST: ~~~'k~/t.~et- 01 ~ ~S~o-a-,c.0ii~ ANDREA L. HOOPER, CITY LERK APPROVED AS TO FORM: AS'CO CONTENT: V~al.~.:. a. I~...I~.~ ' CITY ATTORNEY pbid.doc RALPI-YW. DAVIS, III ASSISTANT CITY MANAGER ~