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HomeMy WebLinkAbout05 - Resolution of Intention to Renew the NBRABID and Levy Assessments - CorrespondencetNEWPORT BCH RESTAURANT ASSOCIATION June 11, 2018 Newport Beach City Council 100 Civic Center Drive Newport Beach, CA 92660 Re: Request for Continued Funding Support for NBRA BID Dear Mayor Duffy and City Council Members, Received After Agenda Printed June 12, 2018 Item No. 5 The NBRA Board of Directors have met to discuss the City Council's request of a transition of the BID's structure to that pursuant to the Property and Business Improvement District Law of 1994. The NBRA Board responds to the City Council that the NBRA Board is moving to investigate and evaluate the merits of the 1994 BID. On behalf of the Advisory Board of Directors for the Newport Beach Restaurant Association Business Improvement District (LABRA BID), we would like a continuation of the 1989 BID and additional funding of $40,000 for the Fiscal Year 2019. On behalf of the LABRA BID, we greatly appreciate the City Council's funding to support the NBRA BID, and we look forward to continuing to showcase the local culinary community that will increase diner frequency and generate local culinary sales. Thank you in advance. Sinc ely, Jordan Otterbein NBRA BID Board President Owner, A Restaurant