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That said Annual Report is hereby accepted and the City Manager is hereby directed to <br />impose the BID Assessment with an increase to the BID per owner/employee assessment rate by <br />the CPI factor of three percent to $22.20 per owner/employee for businesses in the BID Area. <br />Businesses with three or fewer owner/employees, landlords, and non -profits will continue to be <br />exempt from the BID assessment, as recommended by the Advisory Board. <br />Introduced by Councilmember Cox and passed and adopted this 5th day of December, <br />2016, by the following vote: <br />Members of the Council: <br />AYES: Councilmembers Cox, Lee, Lopez, Prola, Reed, Thomas; Mayor Cutter (7) <br />NOES: None (0) <br />ABSENT: None '-i I <br />ATTEST: <r <br />Tamika Greenwood, City Clerk <br />RESOLUTION NO. 2016-165 <br />(0) <br />