Citrus Heights Municipal Code Art. V Sunrise Marketplace Property and Business Improvement District

The City of Citrus Heights hereby renews the Sunrise MarketPlace Property and Business Improvement District (SMPPBID), for a ten year life, beginning January 1, 2025, or as soon as possible thereafter, and ending ten years from its start date, under the provisions of the Property and Business Improvement District Law of 1994, as set forth in the Streets and Highways Code § 36600 et seq.

(Ord. No. 2024-003, § 1, 6-13-2024)

The management district plan (plan) dated March 14, 2024 is hereby adopted and approved.

(Ord. No. 2024-003, § 1, 6-13-2024)

(a) The improvements, maintenance, and activities to be provided in the SMPPBID will be funded by the levy of the assessments specified in the assessment roll. The revenue from the levy of such assessments shall not be used to provide improvements, maintenance, and activities outside the SMPPBID or for any purpose other than the purposes specified in the resolution of intention, the resolution of formation, the ordinance, and the plan. Notwithstanding the foregoing, improvements, maintenance, and activities that must be provided outside the SMPPBID boundaries to create a special benefit to the assessed parcels may be provided, but shall be limited to marketing or signage pointing to the SMPPBID.

(b) The city council finds as follows:

(1) All assessed property within the SMPPBID will be benefited specially and directly by the improvements, maintenance, and activities funded by the assessments proposed to be levied.

(2) The assessments levied for the SMPPBID shall be applied towards district enhancement programs, economic development, and related policy development and administration, and other improvements, maintenance, and activities as set forth in the plan.

(Ord. No. 2024-003, § 1, 6-13-2024)

The initial SMPPBID annual assessment budget will total approximately $882,637.95. The annual assessment budget may be subject to an increase in assessment rates of no more than five percent per year. The assessment funds will be supplemented by non-assessment funds (such as grants and event income) so that the total budget for the initial year is estimated at $910,472.39, as shown in the engineer's report.

(Ord. No. 2024-003, § 1, 6-13-2024)

Bonds shall not be issued to fund the SMPPBID.

(Ord. No. 2024-003, § 1, 6-13-2024)

The SMPPBID is located in a regionally important commercial district of the City of Citrus Heights, which includes several shopping centers, restaurants, retail and professional services. The boundary generally includes parcels along both sides of Sunrise Boulevard between Madison Avenue in the south and Arcadia Drive in the north; parcels along the east side of Sunrise Boulevard north of Arcadia Drive as depicted on the map parcels along both sides of Greenback Lane between Birdcage Street in the west and Fair Oaks Boulevard in the east, as shown on the map in section IV of the plan.

(Ord. No. 2024-003, § 1, 6-13-2024)

(a) The assessment rate (cost to the parcel owner) is based on parcel type and parcel size. The initial annual rate to each parcel is shown in the table below.

(b) The assessments shall be used for the purposes set forth herein and any funds remaining at the end of any year may be used in subsequent years in which the SMPPBID assessment is levied as long as they are used consistent with the requirements set forth herein.

(Ord. No. 2024-003, § 1, 6-13-2024)

As provided by state law, the SMPPBID assessment will appear as a separate line item on annual property tax bills prepared by the County of Sacramento. Property tax bills are generally distributed in the fall, and payment is expected by lump sum or installment. The City of Citrus Heights shall distribute funds collected to the owners' association. Existing laws for enforcement and appeal of property taxes, including penalties and interest, apply to the SMPPBID assessments.

(Ord. No. 2024-003, § 1, 6-13-2024)

The city council, through adoption of this article and the plan, has the right pursuant to Streets and Highways Code § 36651, to identify the body that shall implement the proposed program, which shall be the owners' association of the SMPPBID as defined in Streets and Highways Code § 36612. The SMPPBID shall continue to be governed by Sunrise MarketPlace, Inc., with oversight from the Citrus Heights City Council. Sunrise MarketPlace, Inc. shall serve as the owners' association described in the Streets and Highways Code § 36651. The board of directors of Sunrise MarketPlace, Inc. and its staff are charged with the day-to-day operations of the SMPPBID.

A majority of the board of directors of Sunrise MarketPlace, Inc. must be parcel owners paying the assessment.

(Ord. No. 2024-003, § 1, 6-13-2024)

Sunrise MarketPlace, Inc., pursuant to Streets and Highways Code § 36650, shall cause to be prepared a report for each fiscal year, except the first year, for which assessments are to be levied and collected to pay the costs of the improvements, maintenance, and activities described in the report. The first report shall be due after the first year of operation of the renewed SMPPBID.

(Ord. No. 2024-003, § 1, 6-13-2024)

The SMPPBID renewed pursuant to this article shall be subject to any amendments to the Property and Business Improvement District Law of 1994 (California Streets and Highways Code § 36600 et seq.).

(Ord. No. 2024-003, § 1, 6-13-2024)