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Agenda Item

10 16-1314 Subject: Property BID Annual Reports And Assessment Payment Approval From: Economic And Workforce Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution (A) Approving The Fiscal Year 2016-2017 Annual Reports Of The Downtown Oakland Community Benefit District Of 2008, The Lake Merritt/Uptown Community Benefit District Of 2008, The Fruitvale Property Business Improvement District Of 2011, The Lakeshore/Lake Park Business Improvement Management District Of 2012, The Jack London Improvement District, The Temescal/Telegraph Business Improvement District 2015, And The Laurel Business Improvement District 2016 Advisory Boards; (B) Confirming The Continuing Annual Assessment For Each Applicable District For Fiscal Year 2017-2018; And (C) Authorizing Payment Of The City's Cumulative Fiscal Year 2017-2018 Fair Share Assessment In An Approximate Amount Of $205,711.59 For City-Owned Properties In The Downtown Oakland District, The Lake Merritt/Uptown District, The Fruitvale District, The Jack London District, And The Temescal/Telegraph District 2015; And