(A) Benefit to business. The City Council hereby finds and determines that the uses set forth in division (C) herein are of substantial economic benefit to business establishments located within the areas.
(B) Proportional assessments. The City Council hereby further finds and determines that the benefits thereof to such business establishments vary in relation to the size and volume of business of such business establishments and, for that reason, it is fair and equitable to use as a standard in computing the amount of the assessment to be levied for this purpose a multiple of the business license levied against such business establishments under the provisions of Chapter 5.04 of this code.
(C) Use. The purpose and intent of this chapter is to impose an additional tax or levy upon the owners of those businesses in a parking and business improvement area which is in addition to the general business license tax imposed upon various businesses within the city and to use the proceeds from such additional special assessment for any one or more of the following purposes:
(1) The acquisition, construction or main-tenance of parking facilities for the benefit of the area.
(2) Decoration of any public place in the area.
(3) Promotion of public events which are to take place on or in public places in the area.
(4) Furnishing of music in any public place in the area.
(5) The general promotion of retail trade activities in the area.
(D) Authority for establishment of areas. In adopting this chapter and in establishing any parking and business improvement area hereunder the City Council intends to, and does, utilize and rely upon all powers which it may have under its Freeholder's Charter and also all powers which it may have under the Parking and Business Improvement Area Law of 1965, as set forth in Cal. Sts. & High. Code §§ 36000 et seq.
('86 Code, § 12.32.020) (Ord. 3346, passed - - ; Am. Ord. 3613, passed - - )