REPORT TO THE CITY COUNCIL
December 18, 2014
FROM: BRUCE RUDD, City Manager
BY: WILMA QUAN-SCHECTER, Deputy City Manager
SUBJECT
Title
HEARING: To Approve the Renewal of the Fresno-Clovis Tourism Business Improvement District
1. ***RESOLUTION - Approving the Renewal of the Fresno-Clovis Tourism Business Improvement District
Body
RECOMMENDATION
Staff recommends City Council approve the attached Resolution Approving the Renewal of the Fresno-Clovis Tourism Business Improvement District.
EXECUTIVE SUMMARY
On October 30, 2014, the City Council approved a Resolution of Intent to renew the Fresno-Clovis Tourism Business Improvement District (FCTBID). A public meeting was held on November 20, 2014, to collect verbal and written comments pertaining to the renewal of the assessment district. No businesses lodged protests. Following the process set forth in the law governing the renewal of assessment districts of this kind, the City Council is asked to hold a final public hearing on December 18, 2014, and approve the Resolution of Formation, which is the final step in the renewal of this FCTBID.
BACKGROUND
The Fresno-Clovis Tourism Business Improvement District (FCTBID) was formed in 2010 for a five-year term ending on December 31, 2015. As the FCTBID reaches the end of its initial term, businesses have expressed a desire to renew it. The Fresno Convention and Visitor's Bureau (FCVB) serves as the FCTBID's Owner's Association and works extensively with hoteliers in the cities of Fresno and Clovis to gain support for the assessment district which is paid for by hoteliers. The assessment, as proposed in the draft Management District Plan, will generate approximately $1,400,000 annually for the first five of its ten year operation. The anticipated budget for the last five years of its ten year operation will be approximately $2,000,000 per year.
On October 30, 2014, the Fresno City Council approved the Resolution of Inten...
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