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§ 161.08 NEW BUSINESS ASSESSMENT WAIVER.
   Any new business established within the district shall not be required to pay an assessment for the billing period during which said business is initiated. The business will have been considered initiated on the date of issuance of the business license. This waiver shall not apply to an existing business that has changed ownership or location within the district. The city agrees to supply the district with timely information regarding new businesses initiated within the district.
(Ord. 1218, passed 10-1-97)
§ 161.09 COLLECTION OF BENEFIT ASSESSMENT.
   The benefit assessment authorized by this chapter for city businesses (§ 161.05) shall be billed and collected once each fiscal year on September 1st. The city will bill and collect the benefit fees, at no charge to the district, and forward all funds collected to the district within 30 days of said collections. Late payment penalties may be applied to businesses that do not provide their respective benefit fee payments on the dates provided for in this chapter.
(Ord. 1218, passed 10-1-97)
§ 161.10 VOLUNTARY CONTRIBUTIONS TO DISTRICT.
   Contributions to the district shall be permitted on a voluntary basis. The boundary of the district shall not be modified as a result of the contribution, nor shall said contributing business be considered a member of the district for voting or other purposes. However, said business making a voluntary contribution may be entitled to participate in the programs of the district upon a finding by the Board of Directors that the district derives a benefit from said business' participation in the program.
(Ord. 1218, passed 10-1-97)
§ 161.11 ANNUAL BUDGET PROCESS.
   Pursuant to Cal. Sts. and High. Code § 36500 et seq., it shall be necessary for the District Board of Directors to present an annual budget for City Council review and approval prior to the beginning of any fiscal year. The purpose of this process is to comply with the Code provisions regarding public notice and hearing prior to establishing the benefit fees for the next fiscal year. The city shall not adopt, modify or otherwise amend any fiscal year budget of the district that is inconsistent in any way with said fiscal year's budget as agreed to and presented by the District Board of Directors except in the case of a written majority protest (regarding elimination or modification of a specific budget item) from business owners which will pay 50% or more of the benefit fees proposed to be levied as to any specific budget item pursuant to Cal. Gov't. Code § 36525 (b). In such case the written protest regarding any specific budget item shall be grounds to eliminate or modify said expenditure from the district's proposed budget pursuant to the written protest.
(Ord. 1218, passed 10-1-97)
§ 161.12 DECISIONS REGARDING EXPENDITURE OF FUNDS.
   As provided for within the guidelines of SB 1424, decisions of the District Board of Directors regarding expenditure of all funds generated under this program shall be final.
(Ord. 1218, passed 10-1-97)
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