To: MAYOR AND CITY COUNCIL
From: GREG KAPOVICH, WATERFRONT AND ECONOMIC DEVELOPMENT DIRECTOR
TITLE
title
??PUBLIC HEARING TO REVIEW THE RIVIERA VILLAGE BUSINESS IMPROVEMENT DISTRICT'S CALENDAR YEAR 2025 ANNUAL REPORT AND TO CONSIDER LEVYING AN ASSESSMENT FOR THE DISTRICT FOR CALENDAR YEAR 2026
PROCEDURES:
a. Open Public Hearing, take testimony; and
b. Close Public Hearing; and
c. Adopt By Title Only Resolution No. CC-2511-089
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?ADOPT BY TITLE ONLY, RESOLUTION NO. CC-2511-089, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDONDO BEACH, CALIFORNIA, CONFIRMING THE 2025 REPORT OF THE RIVIERA VILLAGE BUSINESS IMPROVEMENT DISTRICT ADVISORY BOARD AND LEVYING AN ASSESSMENT FOR CALENDAR YEAR 2026
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EXECUTIVE SUMMARY
In accordance with State law pertaining to Business Improvement Districts, the Riviera Village Business Improvement District (BID) is required to prepare an Annual Report. The Report identifies improvements, activities, and associated costs within the BID for calendar year 2025 (January 1, 2025 - December 31, 2025) and includes highlights and accomplishments to date for 2025.
On November 4, 2025, the City Council adopted Resolution No. CC-2511-085, which included approval of the Report now on file with the City Clerk. A Public Hearing is required prior to the City Council taking formal action to confirm the Report and levy an assessment for the upcoming 2026 calendar year.
The BID Advisory Board recommends that the BID boundaries and the method and basis for levying assessments remain unchanged. Absent a majority protest at the conclusion of the Public Hearing, the City Council may adopt a resolution confirming the report for Calendar Year 2025 as filed. The adoption of the Resolution also constitutes the levying of the BID assessment for Calendar Year 2026. In addition, the proposed Resolution would approve a contract with the Riviera Village Association, a non-profit corporation, to continue managing the BID's programs, contra...
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