Resolution receiving and approving an annual report for the Ocean Avenue Community Benefit District for Fiscal Year (FY) 2020-2021, 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.

This resolution approves the Annual Report for the Ocean Avenue Community Benefit District for the fiscal year 2021-2022, as required by state law. It ensures compliance with the management agreement between the district and the city.

This resolution approves the annual report for the Ocean Avenue Community Benefit District for the fiscal year 2019-2020, as mandated by state law and the district's agreement with the city. It ensures compliance with reporting requirements for the district's operations and activities.