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HomeMy WebLinkAboutCorona del Mar BID Agenda Packet 08/24/2017CITY OF NEWPORT BEACH CORONA DEL MAR BUSINESS IMPROVEMENT DISTRICT BOARD AGENDA 100 Civic Center Drive, Corona del Mar Conference Room, Bay 1E Thursday, August 24, 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 Ernie Caponera, 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 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: Review the draft meeting minutes from previous meeting(s) Recommended Action: Board to approve the draft meeting minutes Attachment - Draft Meeting Minutes August 24, 2017 Page 2 Corona del Mar Business Improvement District Board Meeting B.City Council Report(s) Summary: Oral reports from present City Council members. Recommended Action: None C.Parking Subcommittee Report Summary: Status report from the Parking Subcommittee members. Recommended Action: None Attachment - Parking Study Timeline D.Flower Street Sign Project Summary: 1) Project status report 2) Old flower street signs Recommended Action: None Attachment - Flower Street Signs E.Marguerite and PCH Landscape Improvements Summary: Discussion of landscape improvements to Marguerite and PCH Recommended Action: None F.Landscaping Agreement Status Summary: Status of the landscaping agreement Recommended Action: None G.Gateway Median Electrical Summary: Review costs for electrical installation in the median at MacArthur and PCH Recommended Action: Board to approved costs for the electrical installation in the MacArthur and PCH median H.Financial Reports Summary: Review the current BID financial reports Recommended Action: Receive and file Attachment - July 2017 Financial Reports I.Marketing and Administration Report Summary: 1) Explore CdM - Shop Local Campaign a) Newspaper ad campaign b) Sidewalk sales 2) Member static window decals August 24, 2017 Page 3 Corona del Mar Business Improvement District Board Meeting Recommended Action: None J.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 September 28, 2017 CdM BID Meeting Minutes | Page 1 Corona del Mar Business Improvement District Board Meeting Minutes – July 27, 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 Laidlaw, Director Kianipur, Director Caponera. BID Consultant: Linda Leonhard, BID Marketing and Administrative Services Consultant (Corona del Mar Chamber of Commerce). Guests: Jasmine Mortazavi, Resident. III.Public Comments on Agenda Items - None IV.Current Business A.Approval of Minutes Director Dawson commented that the minutes needed to reflect that Director Lim was present at the June 22 meeting. MOTION: Director Kianipur made a motion to approve the minutes as revised and the motion was seconded by Director Dawson. The motion carried by the following roll call vote: Svalstad, Laidlaw, Dawson, Kianipur, Caponera. B.Election of Officers MOTION: Director Dawson made a motion to reinstate the Officers from last FY to serve in the same capacity for FY 2017-18. The motion was seconded by Director Kianipur and the motion carried by the following roll call vote: Svalstad, Laidlaw, Dawson, Kianipur, Caponera C.City Council Report(s) – No Report D.Parking Subcommittee Report Director Laidlaw discussed results of the Parking Subcommittee meeting and will be working with City staff on the scope of work to include in the RFP for a Parking Study. The goal is to have the study complete by the end of the calendar year. The CdM BID Meeting Minutes | Page 2 next Parking Subcommittee meeting will take place on August 8, 2017. Ms. Leonhard will look into establishing Google results for public parking areas in the district. MOTION: None. E. South Entry Improvements Director Svalstad reported that the South Entry Subcommittee met to review options for improvements to the area, but determined that the median was too small for a monument installation. The subcommittee will be looking at other options such as larger streetlight banners to welcome visitors into the village. MOTION: None. F. Flower Street Sign Project Board discussed the installation schedule and reviewed artwork. MOTION: None G. Landscaping Board reviewed the proposed quote for irrigation repairs to the tree wells from Mariposa. MOTION: Director Kianipur made a motion to approved the Mariposa invoice for irrigation repairs with the BID and City to split to payment and the BID not to exceed $7,000 for repairs. H. Gateway Median Electrical The Board discussed the Gateway electrical and are awaiting costs from the City for electrical in this area for up-lighting the monument sign and the holiday garland. It was also acknowledged that the up-lighting at the marguerite medians are not being maintained and asked the City for checking the bulbs and getting those lights functioning. MOTION: None I. Bench Removal The Board reviewed the request by Recycled Rags to remove the bench in front of its business and relocate. Director Laidlaw mentioned that he knew of a business that would like the bench. Director Caponera commented that the CdM BID Meeting Minutes | Page 3 bench might be a bus stop and confirmed that the bench paid for by the BID stays in the district. MOTION: Director Kianipur made a motion that the BID approve the removal of the bench at Recycled Rags, if it is not a bus stop and relocate to a new location to be determined. The motion was seconded by Director Dawson. The motion carried by the following roll call vote: Svalstad, Laidlaw, Dawson, Kianipur, Caponera. J. Financial Reports The Board reviewed the current financial reports. Ms. Leonhard commented that the BID assessment billing for FY 2017-2018 are complete with a few exceptions that are requiring research. MOTION: Director Dawson made a motion to review and file the current BID financial reports and Director Laidlaw seconded the motion. The motion carried by the following roll call vote: Svalstad, Laidlaw, Dawson, Kianipur, Caponera. K. Marketing and Administration Report Ms. Leonhard reported on the following topics: 1. Explore CdM Shop Local Campaign - The postcards have been mailed and the newspaper ads will begin running next week. 2. BID tri-fold brochure - The new BID brochures were distributed to the Board and are included in the BID assessment invoice billing. 3. Member window decals - The BID window decals are being redesigned and will be finished soon. 4. Website updated - The website database will be updated with the latest billing. 5. Dolphin decor program - The Dolphin décor program is currently being revamped with new décor and an established scheduled. 6. District Street Signs - Options for selling the old street signs were discussed and will be put on the next agenda. L. Corona del Mar Chamber of Commerce Report  Ms. Leonhard discussed Chamber programs and calendar of events  Upcoming Chamber Mixers  August 29 at El Cholo  September 26 at Pelican Hill V. ADJOURNMENT CdM BID Meeting Minutes | Page 4 MOTION: Director Kianipur made a motion to adjourn the meeting and the motion was seconded by Director Dawson. The motion carried by the following roll call vote: Svalstad, Laidlaw, Dawson, Kianipur, Caponera. Meeting adjourned 9:15 a.m. CdM BID Parking Subcommittee Parking Study Timeline DATE*ACTION ITEM 7/11/2017 Designation of Scott Laidlaw to work with staff to develop scope 8/8/2017 Review and approval of scope for RFQ 8/11/2017 RFQ let by City 8/25/2017 RFQ submittal deadline TBD Laidlaw to review submittals with staff and recommend 1-3 for interview 9/6/2017 Special Subcommittee Meeting Interview candidates and select most qualified to perform parking study 9/19/2017 Special Subcommittee Meeting Meet with selected proposer to refine scope of services for parking study 10/2/2017 Proposer to submit scope and fees for services 10/10/2017 Subcommittee Meeting Recommend that the scope of services and fees for the parking study are submitted to the CdM BID for review to contract for services 10/26/2017 CdM BID Meeting Review scope of services and fees for parking study and recommend that the City contract for services. BID Board to allocate funding for the services 10/27/2017 Staff prepares an agreement with proposer (allow 3-4 weeks) TBD Study begins TBD Study ends TBD Subcommittee Meeting Presentations and review of draft analysis and recommendations TBD Subcommittee Meeting Recommend draft parking study be submitted to CdM BID for review TBD CdM BID Meeting Review and recommend that the parking study recommendations are submitted to the City Council for consideration of implementing the recommendations and/or starting the process to amend the parking use ordinance *Dates are tentative and subject to change. Jul 31, 17 ASSETS Current Assets Checking/Savings Bill.com Money Out Clearing 30.00 Bank Balance 100,244.83 Total Checking/Savings 100,274.83 Accounts Receivable 1200 · Accounts Receivable -556.48 Total Accounts Receivable -556.48 Other Current Assets 1499 · Undeposited Funds -249.00 Total Other Current Assets -249.00 Total Current Assets 99,469.35 TOTAL ASSETS 99,469.35 LIABILITIES & EQUITY Equity 3900 · Retained Earnings 115,229.13 Net Income -15,759.78 Total Equity 99,469.35 TOTAL LIABILITIES & EQUITY 99,469.35 5:52 PM CITY OF NEWPORT BEACH / CDM BID 08/14/17 Balance Sheet Cash Basis As of July 31, 2017 Page 1 10:31 AM 08/15/17 Cash Basis CITY OF NEWPORT BEACH / CDM BID Profit & Loss Budget vs. Actual July 2017 Jul 17 Budget $ Over Budget Ordinary Income/Expense Income City Matching Funds 0.00 3,333.34 -3,333.34 Late Fees 0.00 166.66 -166.66 Member Assessment 0.00 8,333.34 -8,333.34 Total Income 0.00 11,833.34 -11,833.34 Expense Highway Decor - Dekralite Contigency 0.00 250.00 -250.00 Holiday Decor (Contract)10,444.01 2,000.00 8,444.01 Banner Program (Lite Pole)1,316.32 583.34 732.98 Total Highway Decor - Dekralite 11,760.33 2,833.34 8,926.99 Website Maint & Support Service Website Maintenance & Mgmt 600.00 600.00 0.00 Website Hosting 0.00 20.00 -20.00 Website Contingency 0.00 83.37 -83.37 Total Website Maint & Support Service 600.00 703.37 -103.37 Marketing & Administration Contingency 0.00 416.63 -416.63 Consulting (Reporting)680.00 1,916.63 -1,236.63 Membership decals 0.00 100.00 -100.00 Annual Meeting 0.00 83.37 -83.37 Social Media/Communications 42.50 83.37 -40.87 Office Facilities/Storage/Phone 300.00 333.37 -33.37 Beautification Award Program 0.00 83.37 -83.37 Dolphins 0.00 83.37 -83.37 Christmas Walk 0.00 333.37 -333.37 Directory 0.00 625.00 -625.00 Collateral/Brochures 0.00 133.37 -133.37 Marketing Campaigns & Programs 0.00 2,083.37 -2,083.37 Total Marketing & Administration 1,022.50 6,275.22 -5,252.72 Streetscape Street Furniture (Benches)0.00 416.63 -416.63 Street Furniture (Maintenance)0.00 83.37 -83.37 Total Streetscape 0.00 500.00 -500.00 Landscaping Landscaping Contingency 0.00 500.00 -500.00 Landscaping/Tree Wells - Pinn.1,040.00 1,300.00 -260.00 Total Landscaping 1,040.00 1,800.00 -760.00 6100 · Administration Acctng service fee (bill.com)0.00 200.00 -200.00 Admin Bank Service Charge 36.95 10.00 26.95 Account. & Fin. Reporting Svcs.1,300.00 1,300.00 0.00 Mailings 0.00 83.37 -83.37 Page 1 of 2 Management use only. Not prepared according to GAAP. 10:31 AM 08/15/17 Cash Basis CITY OF NEWPORT BEACH / CDM BID Profit & Loss Budget vs. Actual July 2017 Jul 17 Budget $ Over Budget Total 6100 · Administration 1,336.95 1,593.37 -256.42 Improvements Flower Street Signs 0.00 833.37 -833.37 News Racks 0.00 83.37 -83.37 Gateway Electrical Improvements 0.00 416.63 -416.63 Gateway Electrical Maintenance 0.00 83.37 -83.37 South Entry Improvements 0.00 416.74 -416.74 Consulting / Studies 0.00 416.63 -416.63 Parking 0.00 3,790.00 -3,790.00 Total Improvements 0.00 6,040.11 -6,040.11 Outreach Community Workshops 0.00 83.37 -83.37 Total Outreach 0.00 83.37 -83.37 Total Expense 15,759.78 19,828.78 -4,069.00 Net Ordinary Income -15,759.78 -7,995.44 -7,764.34 Other Income/Expense Other Income Other Sources/Uses Retained Earnings (Carry Over)115,229.13 95,929.00 19,300.13 Total Other Sources/Uses 115,229.13 95,929.00 19,300.13 Total Other Income 115,229.13 95,929.00 19,300.13 Net Other Income 115,229.13 95,929.00 19,300.13 Net Income 99,469.35 87,933.56 11,535.79 Page 2 of 2 Management use only. Not prepared according to GAAP. Register: Bank Balance From 07/01/2017 through 07/31/2017 Sorted by: Date, Type, Number/Ref Date Number Payee Account Memo Payment C Deposit Balance 07/10/2017 CitiBank 6100 · Administration:... 18.95 X 115,736.66 07/10/2017 CitiBank 6100 · Administration:... 9.00 X 115,727.66 07/13/2017 CitiBank 6100 · Administration:... 9.00 X 115,718.66 07/28/2017 1499 · Undeposited Fu... Deposit X 249.00 115,967.66 07/28/2017 bill.com Community Business... 2000 · Accounts Payable Inv# - June 201... 1,300.00 X 114,667.66 07/28/2017 bill.com Corona Del Mar Cha... 2000 · Accounts Payable Inv#17079- Ma... 1,622.50 X 113,045.16 07/28/2017 bill.com Dekra - Lite 2000 · Accounts Payable #SO050217 - ... 10,444.01 X 102,601.15 07/28/2017 bill.com Pinnacle 2000 · Accounts Payable NEW9265 1,040.00 X 101,561.15 07/28/2017 bill.com Dekra - Lite 2000 · Accounts Payable #SO050390 Lit... 1,316.32 X 100,244.83 CITY OF NEWPORT BEACH / CDM BID 8/14/2017 5:48 PM Page 1 Account Summary Account Activity Date Description Credits Date Description Debits Date Amount Date Amount Date Amount Date Amount Beginning balance (6/30/2017) Credits Total credits Debits Total debits Ending balance (7/31/2017) Contact us: Analyzed Business Checking Account #: ELECTRONIC CREDITS ELECTRONIC DEBITS DAILY BALANCES 023 0830N TSYS/TRANSFIRST DISCOUNT CCD CITY OF NB-CDM 41399800999184 CI TY OF NB-CDMBID DISCOUNT TSYS/TRANSFIRST CHARGEBACK CCD CITY OF NB-CDM CASE: 201718800810 7 MID: 4139980099 9184 CITY OF NB-CD TSYS/TRANSFIRST CHARGEBACK CCD CITY OF NB-CDM CASE: 201718800810 8 MID: 4139980099 9184 CITY OF NB-CD BILL.COM PAYABLES CCD CORONA DEL MAR DEKRA - LITE B ILL.COM 015QBCOBPY MDR5C INV #ORD0454 BILL.COM PAYABLES CCD CORONA DEL MAR DEKRA - LITE B ILL.COM 015ZRLJTIY MGB26 INV #SO05039 BILL.COM PAYABLES CCD CORONA DEL MAR MULTIPLE PAYMENTS BILL.COM PAYABLES 015BVRWOEWMH1U5 TSYS/TRANSFIRST BKCD STLMT CCD CITY OF NB-CDM 41399800999184 CI TY OF NB-CDMBID 072717 Account number Minimum balance $99,995.83 Average balance $108,770.02 Avg. collected balance $108,770.00 6-30 115,755.61 7-10 115,736.66 7-10 Preauthorized Debit 18.95 7-13 115,718.66 7-13 Preauthorized Debit 9.00 7-13 Preauthorized Debit 9.00 7-17 105,274.65 7-17 Preauthorized Debit 10,444.01 7-20 103,958.33 7-20 Preauthorized Debit 1,316.32 7-21 99,995.83 7-21 Preauthorized Debit 3,962.50 7-31 100,244.83 7-31 Preauthorized Credit 249.00 $115,755.61 Deposits (0)+ 0.00 Electronic cr (1)+ 249.00 Other credits (0)+ 0.00 +$249.00 Checks paid (0)- 0.00 Electronic db (6)- 15,759.78 Other debits (0)- 0.00 - $15,759.78 $100,244.83 800 773-7100 Orange CO Airport Office 18111 Von Karman Ave., Ste. 100 Irvine CA 92612 cnb.com Page 1 (0) This statement: July 31, 2017 Last statement: June 30, 2017 CITY OF NEWPORT BEACH (CDM BID) 100 CIVIC CENTER DR NEWPORT BEACH CA 92660 Thank you for banking with Orange CO Airport Office City National Bank, Member FDIC Equal Housing Lender ID 23001E (Rev 06/2014) IMPORTANT NOTICE Please examine your statement at once. 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