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City °JArts &Innovation <br />City Council Memorandum <br />IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII <br />TO: <br />FROM: <br />SUBJECT: <br />ISSUES: <br />HONORABLE MAYOR AND CITY COUNCIL <br />FINANCE DEPARTMENT <br />DATE: AUGUST 16, 2022 <br />WARDS: 5 & 6 <br />ANNUAL REPORT OF ARLINGTON BUSINESS PARTNERSHIP, A <br />RESOLUTION OF INTENTION TO AMEND THE BOUNDARIES AND <br />ASSESSMENT AMOUNTS OF AND TO LEVY THE ANNUAL ASSESSMENT IN <br />THE ARLINGTON BUSINESS IMPROVEMENT DISTRICT FOR FISCAL YEAR <br />2022-2023 AND FIXING THE TIME AND PLACE FOR PUBLIC HEARING ON <br />LEVY OF PROPOSED ASSESSMENT; AND INTRODUCE AN ORDINANCE TO <br />AMEND CHAPTER 3.48 OF THE RIVERSIDE MUNICIPAL CODE <br />Approve the annual report of the Arlington Business Partnership (ABP), acting in its capacity as <br />the advisory board to the Arlington Business Improvement District (Arlington BID), review and <br />either accept or reject the recommendation of the advisory board to amend the district boundaries <br />and assessment amount, introduce an Ordinance to amend Chapter 3.48 of the Riverside <br />Municipal Code, adopt a Resolution declaring the City of Riverside's intention to amend the <br />boundaries and assessment amounts of, and to levy an annual assessment for Fiscal Year 2022- <br />2023, and fixing the time and place for a public hearing on the proposed assessment for <br />September 20, 2022. <br />RECOMMENDATIONS: <br />That the City Council: <br />1. Receive and approve the Annual Report of the Arlington Business Partnership, acting in <br />its capacity as the advisory board to the Arlington Business Improvement District; <br />2. Review and either accept or reject the recommendation of the advisory board to amend <br />the boundaries and assessment amount of the Arlington Business Improvement District <br />(Arlington BID); <br />3. Introduce an Ordinance to amend Chapter 3.48 of the Riverside Municipal Code; <br />4. Adopt a Resolution declaring the City of Riverside's intention to amend the boundaries and <br />assessment amounts of, and to levy an annual assessment in the Arlington Business <br />Improvement District for Fiscal Year 2022-2023, from November 1, 2022, through October <br />31, 2023; and <br />5. Set a public hearing for September 20, 2022, at 3:00 p.m. on the levy of the proposed <br />