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1 RESOLUTION NO. 19032 <br /> 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> RIVERSIDE, CALIFORNIA, CONFIRMING THE REPORT OF THE <br /> 3 RIVERSIDE DOWNTOWN ASSOCIATION ACTING IN ITS <br /> CAPACITY AS THE ADVISORY BOARD TO THE DOWNTOWN <br /> 4 BUSINESS IMPROVEMENT AREA, AND LEVYING THE <br /> ASSESSMENT FOR THE DOWNTOWN BUSINESS IMPROVEMENT <br /> 5 AREA FOR THE YEAR BEGINNING JANUARY 1, 1997. <br /> 6 WHEREAS the City Council by Resolution No. 19023 stated <br /> 7 its intention to hear and consider protests to the annual levy of <br /> 8 assessment for the Downtown Business Improvement Area at a public <br /> 9 hearing on January 7, 1997 at 2:00 p.m.; and <br /> 10 WHEREAS the City Council heard and considered and ruled <br /> 11 on all written and oral protests to the levy of the annual <br /> 12 assessment at said hearing; <br /> 13 NOW, THEREFORE, BE IT RESOLVED by the City Council of the <br /> 14 City of Riverside, California, pursuant to Section 36535 of the <br /> 15 Streets and Highways Code as follows: <br /> 16 1. The report of the Riverside Downtown Association, <br /> 17 acting in its capacity as the Advisory Board to the Downtown <br /> 18 Business Improvement Area, is confirmed. <br /> 19 2. The assessment for the Downtown Business Improvement <br /> 20 Area is levied for the calendar year 1997 at the rate of 50% of <br /> 21 the business tax charge. <br /> 22 3. The retention of the administration costs for billing <br /> 23 and collection of said assessment from the monthly payments to <br /> 24 the Riverside Downtown Association is reauthorized. <br /> 25 III <br /> III <br /> III <br /> <br />Attorney's Office <br />Street <br />CA 92522 <br />782-5567 <br /> F: ~WPDATA~RES~ 96242402. SY <br /> <br /> <br />