SUBJECT: Adoption of a Resolution of Intention to Establish a Tourism Business Improvement District (TBID); Granting Preliminary Approval of the Proposed Management Plan; Scheduling a Public Meeting for November 4, 2024; and Scheduling a Public Hearing for December 2, 2024 REPORT IN BRIEF Considers approving the Resolution of Intention which includes the proposed management plan and conducting both a public meeting as well as a public hearing regarding the installation of a Tourism Businesses Improvement District (TBID). RECOMMENDATION: City Council - Adopt a motion adopting Resolution 2024-92, a Resolution of Intention of the City Council of the City of Merced, California, Initiating Formation Proceedings for the Tourism Business Improvement District.

Committee

City Council/Public Finance and Economic Development Authority/Parking Authority

Introduced

September 26, 2024

On agenda

October 7, 2024

Passed

October 7, 2024

Where it was heard

City Council/Public Finance and Economic Development Authority/Parking Authority Oct 7, 2024 approved Pass

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