Loading...
HomeMy WebLinkAboutCorona del Mar BID Agenda Packet 06/22/2017CITY OF NEWPORT BEACH CORONA DEL MAR BUSINESS IMPROVEMENT DISTRICT BOARD AGENDA 100 Civic Center Drive, Bay 1E, Newport Beach Thursday, June 22, 2017 - 7:30 AM Corona del Mar Business Improvement District Board Members: Bernie Svalstad, Chair Scott Laidlaw, Vice Chair Keith Dawson, Treasurer Edward Hanley, Director Hamid Kianipur, Director Scott LaFleur, Director Shawn Lim, Director Jim Walker, Director Vacant, Director Staff Members: Mary Locey, Management Analyst The Corona del Mar Business Improvement District meeting is subject to the Ralph M. Brown Act. Among other things, the Brown Act requires that the Corona del Mar Business Improvement District agenda be posted at least seventy-two (72) hours in advance of each regular meeting and that the public be allowed to comment on agenda items before the Business Improvement District and items not on the agenda but are within the subject matter jurisdiction of the Corona del Mar Business Improvement District. The Chair may limit public comments to a reasonable amount of time, generally three (3) minutes per person. The City of Newport Beach’s goal is to comply with the Americans with Disabilities Act (ADA) in all respects. If, as an attendee or a participant at this meeting, you will need special assistance beyond what is normally provided, we will attempt to accommodate you in every reasonable manner. Please contact Mary Locey, Management Analyst, at least forty-eight (48) hours prior to the meeting to inform us of your particular needs and to determine if accommodation is feasible at (949) 644-3031 or mlocey@newportbeachca.gov. NOTICE REGARDING PRESENTATIONS REQUIRING USE OF CITY EQUIPMENT Any presentation requiring the use of the City of Newport Beach’s equipment must be submitted to the City Manager’s Office 24 hours prior to the scheduled meeting. I.CALL MEETING TO ORDER II.ROLL CALL III.PUBLIC COMMENTS ON AGENDA AND NON-AGENDA ITEMS Public comments are invited on agenda and non-agenda items generally considered to be within the subject matter jurisdiction of the Corona del Mar Business Improvement District (CdM BID). Speakers must limit comments to three (3) minutes. Before speaking, we invite, but do not require, you to state your name for the record. The CdM BID has the discretion to extend or shorten the speakers’ time limit on agenda or non-agenda items, provided the time limit adjustment is applied equally to all speakers. As a courtesy, please turn cell phones off or set them in the silent mode. IV.CURRENT BUSINESS A.Approval of Minutes Summary: Board to review the draft meeting minutes from previous meeting(s). Recommended Action: Board to approve the draft meeting minutes. Draft Meeting Minutes B.City Council Report June 22, 2017 Page 2 Corona del Mar Business Improvement District Board Meeting Summary: Oral reports from present City Council members. Recommended Action: None C.Board of Directors Nominations for FY 2017-2018 Summary: Board to review applications received to serve on the BID Board for FY 2017-2018 and recommend up to two applicants for City Council appointment. Recommended Action: Board to nominate up to two applicants and recommend the City Council appoint the nominees to serve on the FY 2017-20018 CdM BID Advisory Board of Directors. Board Application D.Financial Reports Summary: Board to review the current BID financial reports. Recommended Action: Accept and file. CdM BID Financial Reports Ending May 2017 E.South Entry Summary: Board to review the sub-committee recommended concepts for improvements to the south entry. Recommended Action: None F.Flower Street Sign Project Summary: Board to review and approve the updated project sign design and costs. Recommended Action: Board to approve revised sign design and updated project cost proposals. G.Parking Summary: Parking sub-committee to provide an update on parking initiative for board approval and make recommendation to submit to the City Council for approval and request for a study session. Recommended Action: Board to accept parking initiative and recommend submittal to the City Council with a request to be added to an upcoming Study Session Agenda. H.Landscaping Summary: Sub-committee report and recommendation to the Board for a landscaping vendor. Recommended Action: Board to accept the sub-committee's recommendation and recommend the City contract for the services. June 22, 2017 Page 3 Corona del Mar Business Improvement District Board Meeting I.Median Electrical Summary: Board to review and approve costs for electrical lines and outlets to be installed at the north entry median. Recommended Action: Board to recommend the City contract for electrical services. J.Marketing and Administration Report Summary: 1) Board to receive and review a status report on the Explore CdM Campaign and approve the campaign's advertising components for the next phase. 2) Board to review the BID's tri-fold brochures for recommendations prior to printing for the upcoming fiscal year. Recommended Action: 1) Board to approve the Explore CdM Campaign's next phase advertising component. 2) Board to approve recommended changes to the BID's tri-fold brochure. K.Corona del Mar Chamber of Commerce Report Summary: Chamber and community updates. Recommended Action: None V.BOARD/COMMITTEE/COMMISSION ANNOUNCEMENTS OR MATTERS WHICH MEMBERS WOULD LIKE PLACED ON A FUTURE AGENDA FOR DISCUSSION, ACTION OR REPORT (NON-DISCUSSION ITEM) VI.ADJOURNMENT Next meeting July 27, 2017 1 Corona del Mar Business Improvement District Board Meeting Minutes – May 25, 2017 City of Newport Beach Civic Center Corona del Mar Conference Room, 1st Floor, Bay E, 100 Civic Center Drive, Newport Beach, CA I. Call to Order Chairman Svalstad called the meeting to order at 7:35 a.m. II. Roll Call Chairman Svalstad called the roll, and everyone in the room introduced themselves. Board Members Present: Chairman Svalstad, Director Dawson, Director Hanley, Director Laidlaw, Director La Fleur, Director Lim Board Members Absent: Director Walker BID Consultants: Linda Leonhard, BID Marketing and Administrative Services Consultant (Corona del Mar Chamber of Commerce) Guests: Scott Peotter, Newport Beach Councilmember; Michele Peschel and Jim Moser III. Public Comments on Agenda Items – Chairman Svalstad and Linda Leonhard reported that the LA Times and a few other news racks have been updated or are in the process of being updated. IV. CURRENT BUSINESS A. Approval of Minutes MOTION: Director Dawson made a motion to approve the April 23, 2017 minutes. Director Lim seconded the motion and the motion carried by the roll call vote. B. City Council Report(s) Councilman Scott Peotter discussed the following topics: (1) Bayside Drive lane and bike changes (2) City Budget (3) Ocean front walk & pedestrian regulations (4) Skate board and bike traffic (5) Council approved an intention for BID’s renewal. Chairman Svalstad made the motion to address agenda item G before C. Director Dawson seconded the motion. MOTION: The motion carried by the roll call vote. C. Parking subcommittee meeting update Director Laidlaw presented a draft letter regarding CdM Village Parking initiatives and the request for allocation of staff time to be presented to City Council for consideration in upcoming FY projects. 2 The BID Advisory Board agreed to have Chairman Svalstad submit the Letter to City Council with revisions discussed. A straw vote was entertained and passed with no objections. D. Board of Directors Nominations for Fiscal Year FY 2017-18 Two open seats are available. Ms. Leonhard notified the Board that Ernie Capanera with Harcourt Realty is interested. E. Financial Reports Chairman Svalstad made a motion to receive and file the financial reports, Director Hanley so moved the motion and it was seconded by Director Dawson. MOTION: The motion carried by the roll call vote F. BID Renewal Process for FY 2017-2018 Board reviewed and discussed the timeline and process for renewal for FY 2017-2018. G. Flower Street Sign Project The Board discussed the sample sign and modifications were noted and will be relayed to City staff. The item to be continued at the June Board Meeting to review another sample along with final pricing. H. Landscaping Pinnacle landscape contract will be expiring at the end of June and the City currently has an RFP out. The Board formed a subcommittee to review the vendors submitted and make suggestions to the full board at the June 22 Board Meeting. Director Laidlaw made a motion that the Board approve a landscaping subcommittee consisting of Directors La Fluer, Dawson and Laidlaw to review proposals and make a recommendation to the board on June 22. MOTION: The motion carried by the roll call vote. I. Median Electrical Linda Leonhard will get the price to run electricity to southern median for next meeting. Director Hanley and LaFluer volunteered to be on the subcommittee to investigate what improvements are needed at the south end. J. Marketing and Administration Report 1) Chairman Svalstad recused himself and Director Laidlaw took over the meeting for the discussion of the renewal of the marketing agreement between the CdM Chamber and the BID. Director Dawson made a motion to approve the marketing administrative contract for 2017-2018, Director Hanley seconded the motion. MOTION: The motion passed by the roll call vote. 2) Beautification awards were discussed and the Board decided to skip the award for this month. 3 3) Explore CdM Campaign updates where discussed. Lite pole banners will be going back up after the Scenic 5k and then direct mail pieces will follow. 4) The BID’s staffing and exhibit space was discussed at the Scenic 5K. The Board agreed to feature the Flower Street Program. 5) The BID’s informational brochure will be put onto the next agenda for edits and inventory. K. Corona del Mar Chamber of Commerce Report - Ms. Leonhard discussed current Chamber programs and projects. V. BOARD/COMMITTEE/COMMISSION ANNOUNCEMENTS OR MATTERS WHICH MEMBERS WOULD LIKE PLACED ON A FUTURE AGENDA FOR DISCUSSION, ACTION OR REPORT (NON-DISCUSSION ITEM) VI. ADJOURNMENT Meeting Adjourned: 9 a.m. Motion to adjourn was made by Director Dawson and seconded by Director Hanley. Next meeting scheduled for June 22, 2017 May 31, 17 ASSETS Current Assets Checking/Savings Bill.com Money Out Clearing 30.00 Bank Balance 118,883.10 Total Checking/Savings 118,913.10 Accounts Receivable 1200 · Accounts Receivable -681.99 Total Accounts Receivable -681.99 Total Current Assets 118,231.11 TOTAL ASSETS 118,231.11 LIABILITIES & EQUITY Equity 3900 · Retained Earnings 85,599.56 Net Income 32,631.55 Total Equity 118,231.11 TOTAL LIABILITIES & EQUITY 118,231.11 12:04 PM Corona del Mar Business Improvement District 06/12/17 Balance Sheet Cash Basis As of May 31, 2017 Page 1 11:57 AM 06/12/17 Cash Basis Corona del Mar Business Improvement District Profit & Loss Budget vs. Actual July 2016 through June 2017 Jul '16 - Jun 17 Budget $ Over Budget Ordinary Income/Expense Income City Matching Funds 40,000.00 40,000.00 0.00 Late Fees 3,584.76 0.00 3,584.76 Member Assessment 94,103.25 107,000.00 -12,896.75 Reimbursed Expenses 75.00 0.00 75.00 Total Income 137,763.01 147,000.00 -9,236.99 Expense Highway Decor - Dekralite Contigency 0.00 3,000.00 -3,000.00 Holiday Decor (Contract)23,721.70 21,000.00 2,721.70 Banner Program (Lite Pole)2,588.35 5,178.00 -2,589.65 Total Highway Decor - Dekralite 26,310.05 29,178.00 -2,867.95 Website - Development Contingency 0.00 1,000.00 -1,000.00 Website - Dev. & Project Mgmt.5,000.00 9,100.00 -4,100.00 Website - Developer 5,000.00 0.00 5,000.00 Total Website - Development 10,000.00 10,100.00 -100.00 Marketing & Administration Website - Maintenance 1,250.00 7,200.00 -5,950.00 Contingency 0.00 5,000.00 -5,000.00 Consulting (Reporting)11,722.19 23,000.00 -11,277.81 Website - Hosting/Tech Support 1,500.00 1,500.00 0.00 Membership decals 724.56 1,200.00 -475.44 Annual Meeting 1,104.21 1,000.00 104.21 Social Media/Communications 582.50 1,200.00 -617.50 Office Facilities/Storage/Phone 3,600.00 3,500.00 100.00 Beautification Award Program 367.50 1,000.00 -632.50 Dolphins 233.75 1,000.00 -766.25 Christmas Walk 4,000.00 4,000.00 0.00 Directory 7,500.00 7,500.00 0.00 Collateral/Brochures 1,131.60 1,600.00 -468.40 Marketing Campaigns & Programs 8,882.33 15,000.00 -6,117.67 Total Marketing & Administration 42,598.64 73,700.00 -31,101.36 Streetscape Street Furniture (Benches)0.00 5,000.00 -5,000.00 Street Furniture (Maintenance)0.00 1,000.00 -1,000.00 Total Streetscape 0.00 6,000.00 -6,000.00 Landscaping Landscaping Contingency 1,372.31 6,000.00 -4,627.69 Landscaping/Tree Wells - Pinn.12,184.00 12,480.00 -296.00 Backflow Valve 0.00 2,000.00 -2,000.00 Total Landscaping 13,556.31 20,480.00 -6,923.69 6100 · Administration Acctng service fee (bill.com)914.74 0.00 914.74 Page 1 of 2 Management use only. Not prepared according to GAAP. 11:57 AM 06/12/17 Cash Basis Corona del Mar Business Improvement District Profit & Loss Budget vs. Actual July 2016 through June 2017 Jul '16 - Jun 17 Budget $ Over Budget Admin Bank Service Charge 80.79 0.00 80.79 Account. & Fin. Reporting Svcs.10,400.00 15,600.00 -5,200.00 Mailings 496.54 1,400.00 -903.46 Total 6100 · Administration 11,892.07 17,000.00 -5,107.93 Improvements News Racks 0.00 20,000.00 -20,000.00 Gateway Electrical Maintenance 0.00 1,000.00 -1,000.00 Consulting / Studies 0.00 2,800.00 -2,800.00 Parking 0.00 3,000.00 -3,000.00 Marguerite Project (Landscape)0.00 22,000.00 -22,000.00 Total Improvements 0.00 48,800.00 -48,800.00 Outreach Community Workshops 774.39 842.00 -67.61 Contributions (Sherman Gardens)0.00 500.00 -500.00 Total Outreach 774.39 1,342.00 -567.61 Total Expense 105,131.46 206,600.00 -101,468.54 Net Ordinary Income 32,631.55 -59,600.00 92,231.55 Other Sources/Uses Other Sources Retained Earnings (Carry over from prior years 85,599.56 64,000.00 21,599.56 Total Other Sources 85,599.56 64,000.00 21,599.56 Net Other Sources 85,599.56 64,000.00 21,599.56 Total Equity 118,231.11 4,400.00 113,831.11 Page 2 of 2 Management use only. Not prepared according to GAAP. Current 1 - 30 31 - 60 61 - 90 > 90 TOTAL Community Business Solutions 1,466.43 0.00 0.00 0.00 0.00 1,466.43 Corona Del Mar Chamber 1,516.25 0.00 0.00 0.00 0.00 1,516.25 Pinnacle 1,040.00 0.00 0.00 0.00 0.00 1,040.00 TOTAL 4,022.68 0.00 0.00 0.00 0.00 4,022.68 12:08 PM Corona del Mar Business Improvement District 06/12/17 A/P Aging Summary All Transactions Management use only. Not prepared according to GAAP. Page 1 Register: Bank Balance From 05/01/2017 through 06/12/2017 Sorted by: Date, Type, Number/Ref Date Number Payee Account Memo Payment C Deposit Balance 05/05/2017 Bill.com Community Business... 2000 · Accounts Payable Inv#32- Bill.co... 163.45 X 123,544.38 05/08/2017 1499 · Undeposited Fu... Deposit X 1,035.00 124,579.38 05/11/2017 Pinnacle 2000 · Accounts Payable Non-Contract 801.07 X 123,778.31 05/26/2017 bill.com Pinnacle 2000 · Accounts Payable Non-contract 173.24 X 123,605.07 05/26/2017 Bill.com Corona Del Mar Cha... 2000 · Accounts Payable Inv#17052 - M... 3,170.56 X 120,434.51 05/26/2017 Bill.com Community Business... 2000 · Accounts Payable Inv#34 - Finan... 1,300.00 X 119,134.51 05/26/2017 Bill.com Pinnacle 2000 · Accounts Payable Contract - April 1,040.00 X 118,094.51 05/31/2017 1499 · Undeposited Fu... Deposit X 732.00 118,826.51 05/31/2017 Reimbursed Expenses Citi Bank Reim... X 75.00 118,901.51 05/31/2017 CitiBank 6100 · Administration:... 13.41 X 118,888.10 05/31/2017 CitiBank 6100 · Administration:... 5.00 X 118,883.10 Corona del Mar Business Improvement District 6/12/2017 12:06 PM Page 1 Account Summary Account Activity Date Description CreditsReference Date Description Credits Date Description Debits Date Description Reference Debits Beginning balance (4/28/2017) Credits Total credits Debits Total debits Ending balance (5/31/2017) Contact us: Analyzed Business Checking Account #: DEPOSITS ELECTRONIC CREDITS ELECTRONIC DEBITS OTHER DEBITS 023 0830N BILL.COM PAYABLES CCD CORONA DEL MAR MULTIPLE PAYMENTS BILL.COM PAYABLES 015YQILTFJL8RU4 TSYS/TRANSFIRST DISCOUNT CCD CITY OF NB-CDM 41399800999184 CI TY OF NB-CDMBID DISCOUNT TSYS/TRANSFIRST BKCD STLMT CCD CITY OF NB-CDM 41399800999184 CI TY OF NB-CDMBID 051117 EASI LINK ACCOUNT SETUP FOR 04/17 TSYS/TRANSFIRST BKCD STLMT CCD CITY OF NB-CDM 41399800999184 CI TY OF NB-CDMBID 051717 BILL.COM PAYABLES CCD CORONA DEL MAR MULTIPLE PAYMENTS BILL.COM PAYABLES 015CNTHZSGLKNWA Account number Minimum balance $118,883.10 Average balance $122,970.53 Avg. collected balance $122,939.00 5-5 Preauthorized Debit 964.52 5-10 Deposit 1,035.00 5-10 Preauthorized Debit 13.41 5-15 Preauthorized Credit 732.00 5-16 Service Charge 5.00 5-19 Preauthorized Credit 75.00 5-26 Preauthorized Debit 5,683.80 $123,707.83 Deposits (1)+ 1,035.00 Electronic cr (2)+ 807.00 Other credits (0)+ 0.00 +$1,842.00 Checks paid (0)- 0.00 Electronic db (3)- 6,661.73 Other debits (1)- 5.00 - $6,666.73 $118,883.10 800 773-7100 Orange CO Airport Office 18111 Von Karman Ave., Ste. 100 Irvine CA 92612 cnb.com Page 1 (0) This statement: May 31, 2017 Last statement: April 28, 2017 CITY OF NEWPORT BEACH (CDM BID) 100 CIVIC CENTER DR NEWPORT BEACH CA 92660 CITY OF NEWPORT BEACH Date Amount Date Amount Date Amount Date Amount Account #: DAILY BALANCES 4-28 123,707.83 5-5 122,743.31 5-10 123,764.90 5-15 124,496.90 5-16 124,491.90 5-19 124,566.90 5-26 118,883.10 Page 2 May 31, 2017 Thank you for banking with Orange CO Airport Office