Los Angeles Municipal Code Ch. 90 Citywide Council District Sidewalk Repair and Street

SECTION HISTORY

Chapter and Section Added by Ord. No. 171,030, Eff. 6-1-96. Repealed by Ord. No. 187,475, Eff. 6-9-22.

CHAPTER 91

BUSINESS IMPROVEMENT DISTRICT TRUST FUND

Section

A Business Improvement District is a designated area of the City of Los Angeles which is established by action of the City Council for the purpose of assessing the businesses within the area, or the property owners within the area, for improvements and activities that benefit the businesses within the area as set forth Section 36500 et seq of the California Streets and Highways Code, or any successor statutes.

SECTION HISTORY

Chapter and Section Added by Ord. No. 171,094, Eff. 6-29-96.

There is thereby created and established within the Treasury of the City of Los Angeles a special trust fund to be known as the “Business Improvement District Trust Fund”, hereinafter referred to in this chapter as the “Fund”.

SECTION HISTORY

Added by Ord. No. 171,094, Eff. 6-29-96.

The Fund shall be used to provide financial assistance to business groups that wish to establish a Business Improvement District. The Fund may be used for the purpose of hiring a consultant to assist in the establishment of the proposed District, including conducting a survey to determine whether sufficient interest to establish a District exists among the business community located within the proposed District; conducting public education forums regarding establishment of the proposed District; preparing and distributing newsletters relating to the formation of the proposed District; collecting data; establishing a general business plan and budget for the proposed District; and any other activities which promote the concept of the proposed District agreed upon by the business community and the City.

The Fund shall be for the payment of currently identified business improvement district assessments levied on City owned real property, as well as assessments which may be levied on City property in the future.

The Fund shall further be used to provide support for the City Clerk’s Office in administering the City’s Business Improvement District program. The Fund may be used for payment of general benefit, receipt, and disbursement of Business Improvement District recovery costs, personnel support, system upgrades, contract compliance, audits, travel expenses for Business Improvement District events, outreach, and the development and implementation of best practices workshops for operating and sustaining the Business Improvement District program.

SECTION HISTORY

Added by Ord. No. 171,094, Eff. 6-29-96. Amended by: Last Para. Added, Ord. No. 173,697, Eff. 1-21-01; In Entirety, Ord. No. 186,273, Eff. 10-1-19.

The Fund shall be administered and expenditures authorized by the City Clerk who shall establish the terms and conditions for eligibility to obtain an award of monies from the Fund and the guidelines for the appropriate use of the award in accordance with established City procedures and within the following parameters:

(a) No more than three (3) business areas within each Council District can receive monies from the Fund within any one fiscal year.

(b) A maximum of $75,000.00 may be awarded to each group eligible to receive monies from the Fund.

(c) Only business areas which do not qualify for Community Development Block Grants (CDBG) or Supplemental Earthquake

funds are eligible for awards from the Fund unless the CDBG or Earthquake fund monies are exhausted.

(d) An award from the Fund may be used for the purposes of assessing the interest in, planning for the formation of, renewing,

reestablishing, or expanding the boundaries of, a proposed or existing Business Improvement District within a specific area of the City of Los Angeles, as designated by the proponent group seeking monies from the Fund.

(e) Requests for an award from the Fund must be reviewed and approved by both the Community and Economic Development

Committee and the Budget and Finance Committee.

The Controller shall establish a separate account in the Fund for the receipt and disbursement of funds, including appropriations and transfers as required, relative to business improvement district assessments levied on parcels of City owned real property.

If the City owned property is under the management of a Department or Agency having control of its own revenues, or is funded from special purpose revenues or fees as determined by the City Clerk, the City Clerk is directed to bill that Department or Agency for the assessment and the Department or Agency is directed to make the payment from those special revenues of fees to the City Clerk.

SECTION HISTORY

Added by Ord. No. 171,094, Eff. 6-29-96. Amended by: Subsec. (d), Ord. No. 171,871, Eff. 1-30-98; Last Two Paras. Added, Ord. No. 173,697, Eff. 1-21-01.