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R 4600 RESOLUTION NO. 4600 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING THE FISCAL YEAR 2014-15 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 Advisory Board ("Advisory Board"); and WHEREAS, on May 14, 2013, the City Council adopted Ordinance No. 651 establishing the Arroyo Grande Tourism Business Improvement District; 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 Arroyo Grande Tourism Business Improvement District; expenditures of revenues derived from such assessments; and programs, services, improvements, and activities intended to promote lodging establishments within the District; and WHEREAS, on April 28, 2014, the Advisory Board approved the Annual Report, which included a recommended budget expenditure plan for FY 2014-15 based upon City revenue projections; and WHEREAS, on June 10, 2014, the City Council approved a Resolution confirming the Advisory Board's report and levying an annual assessment for the AGTBID for the 2014-2015 fiscal year; and WHEREAS, the budget recommendations will fund a work plan that meets the objectives, goals and responsibilities of the Arroyo Grande Tourism Business Improvement District. 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 2014-15 budget for the Arroyo Grande Tourism Business Improvement District attached hereto as Exhibit A. On motion by Council Member Costello, seconded by Council Member Brown, and on the following roll call vote, to wit: AYES: Council Members Costello, Brown, Barneich, Guthrie, and Mayor Ferrara NOES: None ABSENT: None The foregoing Resolution was passed and adopted this 10th day of June, 2014. RESOLUTION NO. L/(0 00 PAGE 2 TONY FER AYOR ATTEST: J / KELLY ETM a RE, CITY CLERK APPROVED AS TO CONTENT: ST EN ADAMS, CITY MANAGER APPROVED AS TO FORM:7TIMO HY J. CA E ATTORNEY OFFICIAL CERTIFICATION I, KELLY WETMORE, 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. 4600 is a true, full, and correct copy of said Resolution passed and adopted at a Regular meeting of the City Council of the City of Arroyo Grande on the 10th day of June, 2014. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 12th day of June, 2014. , itigikee,&te KELLY ET) ORE, CITY CLERK