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RESOLUTION - RESOLUTION 1) APPROVING THE DOWNTOWN ACTION ORGANIZATION AS THE MANAGEMENT ORGANIZATION FOR THE DOWNTOWN COMMUNITY BENEFIT DISTRICT, 2) AUTHORIZING THE SANTA ROSA DOWNTOWN COMMUNITY BENEFIT DISTRICT MANAGEMENT AND DISBURSEMENT AGREEMENT, 3) APPROPRIATING GENERAL AND PARKING DISTRICT FUNDS TO PAY CITY ASSESSMENT, AND 4) AUTHORIZING THE FINANCE DEPARTMENT TO DISBURSE ASSESSMENT FUNDS
RECOMMENDATION: It is recommended by the Planning and Economic Development Department that the Council, by resolution, 1) approve the Downtown Action Organization as the management organization of the Santa Rosa Downtown Community Benefit District, 2) approve the Santa Rosa Downtown Community Benefit District Management and Disbursement Agreement between the City of Santa Rosa and the Downtown Action Organization, 3) increase appropriations in the Economic Development key by $137,066.74, with the sources of funding being the unassigned reserves of the General Fund and the Parking District Fund ...
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