This resolution approves the annual report for the Noe Valley Community Benefit District for the fiscal year 2019-2020, as mandated by state law and the district's agreement with the city. It ensures transparency and accountability for the district's activities and finances during that period.
Resolution receiving and approving an annual report for the Noe Valley Community Benefit District for Fiscal Year (FY) 2019-2020, submitted as required by the Property and Business Improvement District Law of 1994 (California Streets and Highways Code, Sections 36600, et seq.), Section 36650, and the District’s management agreement with the City, Section 3.4.
How it got here
The legislation originated from the requirement for the Noe Valley Community Benefit District to submit an annual report as mandated by state law and its management agreement with the City.
The Board adopted Resolution No. 420-05 expressing the City’s intention to establish the Noe Valley Community Benefit District under the Property and Business Improvement District Law of 1994.
The Board adopted Resolution No. 583-05 establishing the Noe Valley CBD for a period of 15 years, commencing Fiscal Year 2005-2006.
The Board adopted Resolution No. 13-06 authorizing an agreement with the Noe Valley Association for the administration and management of the Noe Valley CBD.
The Noe Valley CBD submitted its annual report for FY 2019-2020, which was reviewed by OEWD staff to ensure compliance with the management plan and state law.
Supervisor Mandelman introduced the resolution to receive and approve the annual report for the Noe Valley CBD for FY 2019-2020.
The Government Audit and Oversight Committee recommended the resolution for passage.
The Board of Supervisors adopted the resolution receiving and approving the annual report for the Noe Valley CBD for FY 2019-2020.
The Mayor approved the resolution, finalizing the legislative process.
Reconstructed from attached documents & the official record
