Agenda Item Wording:
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Downtown Visalia Property and Business Improvement District Annual Report - Receive the 2025 Annual Operations Report for the organization.
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Deadline for Action: 5/31/2025
Submitting Department: Finance and Technology Services
Contact Name and Phone Number:
Melody Murch, Assistant Finance Director (559) 713-4379, melody.murch@visalia.city
Ruth Pena, Financial Analyst (559) 713-4327, ruth.pena@visalia.city
Department Recommendation:
That Council receive the Annual Operations Report for the Downtown Visalia Property and Business Improvement District (DTVPID), providing comment and direction as appropriate.
Background Discussion:
The Downtown Visalia Property and Business Improvement District (DTVPBID) is an assessment district which provides activities and improvements to Downtown property owners. The DTVPBID was created in 1998 and has been extended by ballot of the affected property owners ever since. The DTVPBID is in its 5th iteration, and the current duration is January 1, 2020, through December 31, 2029. In accordance with the DTVPBID Management District Plan (MDP), the City has contracted with the Downtown Visalia Property Owner's Association (DTVPOA) for the administration of the DTVPBID, and the DTVPOA has subcontracted this administration to Downtown Visalians, Inc.
The DTVPBID is required to submit the annual operations report by May 31st each year in accordance with the Property and Business Improvement District Law of 1994 (PBID Law) and the current agreement between the City and the DTVPOA. The attached report (Attachment A) summarizes past, current, and planned activities, improvements, and the financial state of the DTVPBID. The report must also include any proposed assessment increases. No increase is proposed for the 2026 tax year and this recommendation is discussed in this agenda item. The council's role, according to PBID Law, is to review the attached ...
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