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R 4674 RESOLUTION NO. 4674 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING THE FISCAL YEAR 2015-16 BUDGET FOR THE ARROYO GRANDE TOURISM BUSINESS IMPROVEMENT DISTRICT WHEREAS, on February 26, 2013, the City Council adopted Resolution No. 4516 establishing the Arroyo Grande Tourism Business Improvement District ("AGTBID") Advisory Board ("Advisory Board"); and WHEREAS, on May 14, 2013, the City Council adopted Ordinance No. 651 establishing the AGTBID; and WHEREAS, the purpose of the Advisory Board is to consult with and advise the City Council on those matters dealing with the method and basis of levying assessments within the AGTBID; expenditures of revenues derived from such assessments; and programs, services, improvements, and activities intended to promote lodging establishments within the District; and WHEREAS, on June 1, 2015, the Advisory Board approved the Annual Report, which included a recommended budget expenditure plan for FY 2015-16 based upon City revenue projections; and WHEREAS, on June 23, 2015, the City Council approved the Advisory Board's Annual Report and adopted a Resolution of Intention to levy and collect assessments for the 2015- 16 fiscal year and to set the date for a public hearing for July 28, 2015; and WHEREAS, on July 28, 2015, the City Council adopted a Resolution confirming the Advisory Board's Annual Report and levying an annual assessment for the AGTBID for the 2015-16 fiscal year; and WHEREAS, the budget recommendations will fund a work plan that meets the objectives, goals and responsibilities of the AGTBID. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arroyo Grande as follows: 1. The recitals set forth herein are true and correct. 2. The City Council hereby adopts the FY 2015-16 budget for the Arroyo Grande Tourism Business Improvement District attached hereto as Exhibit A. On motion by Council Member Brown, seconded by Council Member Guthrie, and on the following roll call vote, to wit: AYES: Council Members Brown, Guthrie, Harmon, Barneich, and Mayor Hill NOES: None ABSENT: None The foregoing Resolution was passed and adopted this 28th day of July, 2015. RESOLUTION NO. 4/1074-1 PAGE 2 - ii-----Th J HILL, MAYOR ATTEST: 7( -73ourij haidat Ce3. C64,4.1 � KELLY ETMORE, CITY CLERK PP; �� D ' T•�r ONTENT: IA — R�ERT MCFA '°TM CITY MANAGER APPROVED AS TO FORM: HEATHER WHITHAM, CITY ATTORNEY EXHIBIT A 5. FY 2015-2016 Projected Budget Detail REVENUES EXPENDITURES REVENUE SOURCE AMOUNT LINE ITEM EXPENDITURE TBID FEE $185,000 CITY $3,000 CITY $5,000 CHAMBER $17,000 CHAMBER $5,000 SUPPLIES $2,500 TOTAL $195,000 TOTAL $22,500 ADVERTISING/MARKETING WEBSITE CONSULTANT SERVICES $95,000 WEBSITE MAINTENANCE $20,000 TOTAL $95,000 TOTAL $20,000 MEMBERSHIP SPONSORSHIPS CCTC $500 MISC. $30,000 MISC. $5,000 TOTAL $30,000 TOTAL $5,500 EVENTS MISC. $10,000 TOTAL $10,000 EXPENDITURE TOTAL $183,000 PROJECTED FUND BALANCE $12,000 EST'1911 C O A r N�� C VINTAGE CA�'1FOR �c�J d, 6 cb - 5. OFFICIAL CERTIFICATION I, KITTY NORTON, Deputy City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify under penalty of perjury, that the attached Resolution No. 4674 was passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 28th day of July, 2015. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 31st day of July 2015. • Iiiti KITTY i RTON, DEPUTY CITY CLERK