Agmt 2013 San Leandro Improvement Association

Home

Section 5 District Rules and Regulations and Governance There are no specific rules and regulations prescribed for the proposed Downtown San Leandro Community Benefit District Management Corporation except that it will adhere to the open meeting provisions of the Ralph M. Brown Act and will seek to be as open and transparent to the CBD assessees and the public at large as is reasonably possible. Pursuant to the City of San Leandro Community Benefit District Ordinance and Section 36600 of the California Streets and Highway Code, a District Management Corporation or Owners' Association, will review District budgets and policies annually within the limitations of the Management District Plan. The Management Corporation will file Annual Reports with the City of San Leandro and will oversee the day-to-day implementation of services as defined in the Management District Plan. Section 36614.5 states: "The "Owners' association" means a private nonprofit entity that is under contract with a city to administer or implement activities and improvements specified in the management district plan. An owners'association may be an existing nonprofit entity or o newly formed nonprofit entity. An owners' association is a private entity and may not be considered o public entity for any purpose, nor may its board members or staff be considered to be public officials for any purpose." Bonds: The District will not issue any bonds related to any program. Section 6 Implementation Timetable The Downtown San Leandro CBD is expected to be established and begin assessing benefiting parcels as of.July 1, 2013. Due to the timing of revenue collection and need to establish the owners' association or District Management Corporation, implementation of the Management District Plan is scheduled to occur on January 1, 2014. Consistent with the local enabling ordinance, the Downtown San Leandro CBD will have a fifteen-year term through June 30, 2028 with operations winding down by December 31, 2028. 30