DATE: May 28, 2019
TO: Mayor and City Council
FROM: Deputy City Manager
SUBJECT
Title
Approval of FY 2019-2020 Proposed Downtown Business Improvement Area Budget
End
RECOMMENDATION
Recommendation
That Council approves the Downtown Business Improvement Area (DBIA) Advisory Board final funding recommendation for the FY 2019-2020 Budget (Attachment II).
End
SUMMARY
At the April 3, 2019 regular meeting, DBIA advisory board members, as part of winding down the affairs of the Board, voted to recommend allocating all remaining funds to the Downtown Hayward Improvement Association (DHIA) or allocating the remaining $4,620 for an as-yet to be determined downtown event in FY 2020. Based on legal restrictions, if Council approves the attached budget for FY 2019-2020, staff will allocate the remaining $4,620 for an as-yet to be determined downtown event in FY 2020 as opposed to the DHIA.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution
Attachment III DBIA Budget Update