Subject: Property BID Annual Reports And Assessment Payment Approval From: Economic And Workforce Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution (1) Approving The Fiscal Year 2024-25 Annual Reports Of The Lakeshore/Lake Park Business Improvement Management District Of 2022 (Lakeshore District), The Jack London Improvement District (Jack London District), The Temescal/Telegraph Business Improvement District (Temescal District), The Laurel Business Improvement District 2016 (Laurel District), The Koreatown/Northgate Community Benefit District 2017 (Koreatown District), The Oakland Tourism Business Improvement District (Oakland Tourism District), The Downtown Oakland Community Benefit District 2018 (Downtown Oakland District), The Lake Merritt-Uptown Community Benefit District 2018 (Lake Merritt-Uptown District), And The Chinatown Community Benefit District 2021 (Chinatown District) Advisory Boards; (2) Confirming The Continuing Annual Assessment For Each Said District And Levying Said Assessments, With The Exception Of The Laurel District That Is Expiring, For Fiscal Year 2025-26; (3) Increasing The 2025-26 Assessment By 5 Percent For The Jack London District, Temescal District, Koreatown District, Lakeshore District, Lake Merritt-Uptown District, And Chinatown District And By 3.2 Percent For The Downtown Oakland District; (4) Authorizing Payment Of The City Of Oakland Cumulative Fiscal Year 2025-26 Fair Share Assessment In An Approximate Amount Of Four Hundred Eighty-Nine Thousand Four Hundred Twenty-One Dollars ($489,421) For City Of Oakland-Owned Properties In The Jack London District, The Temescal District, The Koreatown District, The Downtown Oakland District, The Lake Merritt-Uptown District, And The Chinatown District; (5) Renewing The Agreements With The Districts For Administration And Disbursement Of Funds; And

What this record is

Amount

$489K

Runs until

no end date published in this record

Type

contract

Field

Professional services

Read automatically from the title of the official record. The source document below is authoritative.

Committee

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council

Requested by

Economic & Workforce Development Department

Introduced

June 10, 2025

On agenda

July 15, 2025

Passed

July 15, 2025

Enacted

July 15, 2025

Enactment no.

90818 C.M.S

Where it was heard

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council Jul 15, 2025 Adopted Pass *Rules & Legislation Committee Jul 10, 2025 Scheduled *Community & Economic Development Committee Jul 8, 2025 Approved the Recommendation of Staff, and Forward Pass *Rules & Legislation Committee Jun 12, 2025 Scheduled