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HomeMy WebLinkAboutResolutions - No. 2007-18RESOLUTION NO. 2007-18 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING INCREASE IN ASSESSMENT RATES BY 20% FOR THE DOWNTOWN LODI BUSINESS PARTNERSHIP WHEREAS, the Downtown Lodi Business Partnership has submitted the required annual budget as per Lodi Municipal Code 12.06.1 10; and WHEREAS, the protests received from affected businesses to modify or eliminate the budget were not sufficient to qualify as grounds to eliminate the increase in assessment fees of 20%; and WHEREAS, Ordinance No. 1789 was approved by Council on January 17,2007, which allows for establishment of the annual benefit fee to be assessed in the business area; and WHEREAS, staff recommends that the following annual fees be assessed as follows: Lodi Area Annual Benefit Ede Type 1. Retailers and Restaurants 2. Service Businesses 3. Professional Businesses 4. Financial Institutions Zone A $240.00 $360.00 $480.00 $180.00 $120.00 $600.00 (1-3 employees) (4-6 employees) (7+ employees) Zone B $120.00 $180.00 $240.00 $90.00 $60.00 $600.00 This increase represents a supplemental assessment and is in addition to the initial assessment that was made on January 1, 2007. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve the Lodi Area Annual Benefit Fee increase as outlined above. Dated February7,2007 I hereby certify that Resolution No. 2007-18 was passed and adopted by the City Council of the City of Lodi in a regular meeting held February 7, 2007, by the following vote: AYES: COUNCIL MEMBERS — Hansen, Hitchcock, Katzakian, Mounce, and Mayor Johnson NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — 2007-18