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HomeMy WebLinkAboutReso 2012-172RESOLUTION NO. 2012-172 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACKNOWLEDGING THE SUBMITTAL OF PETITIONS TO DISESTABLISH THE CHULA VISTA TOURISM AND MARKETING DISTRICT (CVTMD) FROM BUSINESS OWNERS WHO PAY 50 PERCENT OR MORE OF THE CVTMD ASSESSMENTS, DECLARING ITS INTENTION TO DISESTABLISH THE CVTMD, AND NOTICING A PUBLIC HEARING TO CONSIDER SAME FOR OCTOBER 16, 2012 AT 4:00 P.M. WHEREAS, the Chula Vista Tourism and Marketing District ("CVTMD") was established in 2009 pursuant to the Property and Business Improvement District Law of 1994 (the "PBID Law"); and WHEREAS, the PBID Law provides that the CVTMD may be disestablished by petition of business owners who pay 50 percent or more of the district assessments; and WHEREAS, on June 12, 2012 the City Council adopted a resolution approving administrative procedures for the handling of petitions that might be submitted for disestablishment of the CVTMD; and WHEREAS, the 30-day petition period for 2012 commenced on July 14th and ended on August 13th; and WHEREAS, during the petition period, the City received petitions to disestablish the CVTMD from twelve members of the CVTMD; and WHEREAS, the Finance Director has reviewed the petitions submitted pursuant to the criteria established in the adopted administrative procedures; and WHEREAS, the Finance Director has determined that valid petitions to disestablish the CVTMD have been submitted by business owners or authorized representatives who pay more than 50 percent (50%) of the CVTMD assessment; and WHEREAS, the City Clerk has verified the finding of the Finance Department; and WHEREAS, Section 36670(a)(2) of the Streets and Highways Code and the adopted administrative procedures require that upon written petition of the business owners or authorized representatives who pay 50 percent (50%) or more of the district assessments, the City Council adopt a resolution of intention to disestablish the district and notice a hearing on disestablishment; and Resolution No. 2012-172 Page 2 WHEREAS, Section 36670(a)(2) of the Streets and Highways Code and the adopted administrative procedures requires that the resolution of intention to disestablish the district state the reason for the disestablishment, state the time and place of the public heazing to consider disestablishment, and contain a proposal to dispose of any assets acquired with the revenues of the assessments levied within the district; and WHEREAS, the disestablishment is under consideration pursuant Section 36670(a)(2) of the Streets and Highways Code and the adopted administrative procedures and the receipt of petitions to disestablish the district received from business owners or authorized representatives paying 50 percent (50%)or more of the annual CVTMD assessments which meet all criteria outlined in the administrative procedures; and WHEREAS, the public hearing to consider disestablishment of the CVTMD shall be held at 4:00 p.m. on Tuesday, October 16, 2012 in Council Chambers; and WHEREAS, the City proposes to dispose of any CVTMD assets as follows: (i) any assets acquired using the revenues of the assessments levied within the district be liquidated by the City following disestablishment of the district; (ii) the annual financial audit required by the adopted Agreement for Tourism Marketing District Management Services ("Agreement") be used to identify the assets to be liquidated; (iii) the audit for Fiscal Yeaz 2011/2012, to be submitted to the City no later than September 30, 2012, for the period July 1, 2011 through June 30, 2012 pursuant to the Agreement, be extended to cover activity through the date of disestablishment; and (iv) all revenues from the liquidation be distributed in accordance with Section 36671. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it acknowledges the submittal of petitions to disestablish the Chula Vista Tourism and Marketing District (CVTMD) from business owners who pay 50 percent (50%) or more of the CVTMD assessments, declazes its intention to disestablish the CVTMD and notices a public hearing to consider same on October 16, 2012 at 4:00 p.m. Presented ~-~ Maria Cachadoorian Direct r of Finance/Treasurer Approved as to form by J n _ a vV\ len R. ogins 'ty Atto ey Resolution No. 2012-172 Page No. 3 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 11th day of September 2012 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, Castaneda, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None ~~kkti~-,]~-l~ Cheryl Cox, M r ATTEST: ~~ ~~ ~~ Donna R. Norris, CMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2012-172 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 11th day of September 2012. Executed this 11th day of September 2012. ~Iku~c. ~t/yol,.~ Donna R. Norris, CMC, City Clerk