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HomeMy WebLinkAbout12 - Ad Hoc Committee on Local Business Advancement RecommendationsQ SEW Pp�T CITY OF z NEWPORT BEACH c�<,FORN'P City Council Staff Report May 26, 2020 Agenda Item No. 12 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Grace K. Leung, City Manager - 949-644-3001, gleung@newportbeachca.gov PREPARED BY: Tara Finnigan, Deputy City Manager tfinnigan@newportbeachca.gov Melanie Franceschini, Administrative Analyst mfranceschini@newportbeachca.gov PHONE: 949-644-3028 TITLE: Ad Hoc Committee on Local Business Advancement Recommendations ABSTRACT: The City Council formed an ad hoc committee to review and determine if two of the City's Business Improvement Districts and two local merchant associations, and the City's financial support of these business groups, are aligned with the City Council's priorities. The ad hoc committee is returning to the Council with short- and longer-term recommendations. RECOMMENDATION: a) Determine this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because this action will not result in a physical change to the environment, directly or indirectly; and b) Review and provide direction on the recommendations of the Ad Hoc Committee on Local Business Advancement. FUNDING REQUIREMENTS: Should the City Council support the recommendation for the City to provide financial support to the five organizations referenced in this report, the proposed FY 2020-21 budget includes $160,000 in the City Manager's Economic Development Division budget (Community Funding 01020202-821015) that can be used to fund the expenses. 12-1 Ad Hoc Committee on Local Business Advancement Recommendations May 26, 2020 Page 2 DISCUSSION: Ad Hoc Formation and Responsibilities The Ad Hoc Committee on Local Business Advancement (Ad Hoc Committee) is comprised of Council Members Joy Brenner, Diane Dixon and Jeff Herdman. It was created by Resolution 2019-53 and amended by Resolutions 2019-71 and 2019-99. The Committee was tasked with reviewing and determining whether the Newport Beach Restaurant Association Business Improvement District (NBRA BID), Corona del Mar BID (CdM BID), Balboa Island Marketing Inc. (BIMI), and Balboa Village Merchant Association Inc. (BVMA) are aligned with the City Council's priorities. The Ad Hoc Committee was also responsible for reviewing and determining if the City's funding support of these entities is aligned with the Council's priorities, and to then make recommendations on these matters to the entire City Council. The Ad Hoc Committee sunsets upon making its recommendations to the Council. Committee Research and Review The Ad Hoc Committee met separately with board members of the NBRA BID, CdM BID, BIMI and BVMA as well as representatives of the Newport Beach and Corona del Mar Chambers of Commerce, and Newport Beach & Company. The Committee also met with representatives of a new merchant organization that formed in the fall of 2019, the Balboa Island Merchants Association. The discussions generally centered on the business groups' organizational goals, budgets and membership, as well as the local business climate. In addition to meeting with business leaders, the Ad Hoc Committee reviewed and discussed the two different statutory schemes under which BIDs can be established: the Parking and Business Improvement Area Law of 1989 (1989 Law) and the Property and Business Improvement District Law of 1994 (1994 Law). The Newport Beach Tourism Improvement District BID was formed under the 1994 Law. The Ad Hoc researched 1994 Law BIDs located in commercial districts in other areas of Southern California. The NBRA BID and the CdM BID were both formed under the 1989 Law. Several times in recent years, the City has talked to the BID Boards about the possibility of reorganizing under the 1994 Law to give them a greater level of autonomy and to reduce the amount of City oversight required. The BIDs have and continue to raise concerns about that process and the cost of making such a change (neither City funds nor BID assessment funds can be used). The NBRA and CdM BIDs desire to continue to operate as 1989 Law BIDs. Therefore, the Ad Hoc is not recommending that the City require the existing BIDs to reorganize, but it is recommending any future BIDs formed in Newport Beach should do so under the 1994 Law. 12-2 Ad Hoc Committee on Local Business Advancement Recommendations May 26, 2020 Page 3 Prior to the formation of BIMI and BVMA, 1989 Law BIDs represented Balboa Island and Balboa Village businesses. The BIDs were small, with annual assessment collections averaging less than $20,000 per year, generally had low member participation, and the BID Boards often felt burdened by the myriad of City policies and State laws they had to follow. The BIDs agreed to disestablish in 2013, saving the City staff time, and businesses in these areas formed the independent merchant associations, BIMI and BVMA. The City agreed to provide five years of financial support to help the organizations get established. It is important to note that BIMI changed its name in late 2019 to Balboa Island Merchant Association Inc. This name is very similar to that of the new business association on Balboa Island, the Balboa Island Merchants Association. As previously noted, the Ad Hoc Committee met with representatives of both organizations. Ideally, these groups will work together on collective or complementary efforts to promote Balboa Island businesses, but the Ad Hoc Committee is not recommending that the City become directly involved in forging a common path for them. City Financial Support The Ad Hoc Committee also reviewed the City's recent history of financial support to the NBRA and CdM BIDs as well as BIMI and BVMA. The table below provides a seven-year history of that funding, exclusive of any special event or other City grants, or Council discretionary fund donations, these organizations may have received. Fiscal Year Corona del Mar Business Improvement District Newport Beach Restaurant Association Business Improvement District Balboa Village Merchants Association Inc. Balboa Island Marketing Inc. FY 2013-14 $40,000 $40,000 $40,000 $40,000 FY 2014-15 $20,000 $20,000 $40,000 $40,000 FY 2015-16 $20,000 $20,000 $40,000 $20,000 FY 2016-17 $40,000 $40,000 $40,000 $40,000 FY 2017-18 $40,000 $40,000 $40,000 $40,000 FY 2018-19 $40,000 $40,000 $40,000 $40,000 FY 2019-20 0 $0 $20,000 $20,000 During the time of the Ad Hoc Committee review, staff conducted a compliance audit of the funds received by these BIDs and merchant associations as part of the City's annual audit program. The audit covered three years and found that funds were spent in conformance to the stated objectives for that time period. After the Ad Hoc Committee completed its review and was drafting its initial recommendations, the COVID-19 pandemic led to the statewide, Stay at Home order and closed all businesses except those providing essential services. In light of the severe impact this has had on Newport Beach businesses, the Committee reviewed and changed some its recommendations, and grouped them into short- and longer-term recommendations for the Council's consideration. 12-3 Ad Hoc Committee on Local Business Advancement Recommendations May 26, 2020 Page 4 The Ad Hoc Committee believes the BIDs and merchant organizations should be financially independent and should not automatically receive City funding to support their administrative and marketing initiatives each fiscal year. However, in light of the COVID- 19 pandemic's impact on Newport Beach businesses, the Ad Hoc is recommending one- time financial support for the NBRA and CdM BIDs and all three merchant organizations for FY 2020-21 only. The dollar amounts and distribution are included in the Recommendations section. The Ad Hoc's recommendations include the requirement that the City's funding is used specifically for marketing and for helping to facilitate the reopening and recovery of Balboa Island and Balboa Village merchant association members and the CdM and NBRA BID members. The BIDs would also be permitted to use the City's funding to offset any losses in the BID budgets caused by the BID offering their members some relief by temporarily lowering member assessments next fiscal year. Recommendations Short -Term (FY 2020-21) 1. Renew the NBRA and CdM BIDs for FY 2020-21. 2. Provide $40,000 in City funding support to the CdM BID and $40,000 to the NBRA BID to help the businesses in these districts recover from the financial impact of the COVID-19 pandemic during FY 2020-21. This funding will be granted to the BIDs specifically for marketing and improvements that help facilitate the reopening and recovery of its member businesses. The funding may also be used to offset the budget impacts of lowering BID member assessments in FY 2020-21. The use of these funds should be explained in the annual report the BIDs are required to submit to the Council. 3. Provide City financial support in the amount of $40,000 to the Balboa Village Merchants Association, $20,000 to Balboa Island Merchant Association Inc. (formerly known as Balboa Island Marketing Inc.) and $20,000 to the Balboa Island Merchants Association specifically for marketing and to help their member businesses reopen and recover from the financial impact of the COVID-19 pandemic during FY 2020-21. The funding would be contingent upon receiving a report from each organization that outlines the efforts it has undertaken and completed in the past year, a plan and budget outline for how it would use City funding, a profit & loss statement for FY 2019-20, and balance sheet of current assets. Longer-term 1. When the current economic crisis concludes, the BIDs and merchant associations should be financially independent from the City of Newport Beach and self- supporting through member assessments/dues, sponsorships, events and other methods of generating revenue. 12-4 Ad Hoc Committee on Local Business Advancement Recommendations May 26, 2020 Page 5 2. Any future BIDs formed in Newport Beach should be created under the 1994 Property and Business Improvement District Law (Cal. Streets & Hwys. Code §§ 36600 et seq.) structure, which provides a higher level of self-sufficiency to conduct their own good governance. 3. BIDs and merchant associations should not receive an annual budget allocation from the City's General Fund after FY 2020-21. These business groups can and should continue to apply for special event grants and other grants provided by the City. 4. The City should continue to support the BIDs, merchant organizations and the Newport Beach business community at large through citywide marketing programs, beautification efforts, commercial districts maintenance, small business education and resources, and capital improvement and transportation / circulation projects. 5. The Council should reform this Ad Hoc Committee at a future date, after the economic crisis has subsided, to re-evaluate its recommendations and City support for local businesses. If the City Council supports the recommendation to renew the NBRA and CdM BIDs, the Resolutions of Intention to renew and set the assessments for Fiscal Year 2020-21 and the BIDs annual reports will be on the Council's June 9 agenda. If the Council supports the funding recommendations for the BIDs, City staff will work with the BID Boards to ensure that the annual reports clearly explain how the City's funds will be used toward COVID-19 related business marketing and recovery efforts. If the Council supports the recommendation to provide funding to the merchant associations, staff will also work with those organizations to ensure they submit reports clearly explaining how they will use the funds in assisting their businesses and that they provide the other documents specified in Short -Term Recommendation #3. Funding Sources Should the Council approve the Ad Hoc's funding recommendations, the proposed FY 2020-21 budget includes $160,000 in the City Manager's Economic Development Division budget that can be used to fund these expenses. Federal stimulus funding may provide more options for supporting these and other Newport Beach businesses. • As the Council heard at its May 12 meeting, under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the City will receive an additional Community Development Block Grant allocation of $219,324 for FY 2020-21. Community Development staff is investigating if an economic development program can be developed that will utilize both the CARES Act funds as well as the $250,371 earmarked in the 2020-21 CDBG Action Plan to help and support local small businesses. 12-5 Ad Hoc Committee on Local Business Advancement Recommendations May 26, 2020 Page 6 The Orange County Board of Supervisors is considering allocating approximately $75 million in CARES Act funding for a Business Recovery Grant Program. Additional CARES Act funding is available through the U.S. Economic Development Administration (EDA). The City could apply to the EDA for grants to support a wide variety of assistance, including developing a revolving loan fund to provide access to capital for businesses or for construction of infrastructure and other economic development projects. Staff is awaiting Federal and County guidance on how exactly some of these monies can be used to support local businesses. The information will be shared with the Council's recently formed Ad Hoc Committee to Address Commercial Re -Opening and Business Advancement for its consideration and a possible recommendation to the entire City Council. 4►1y/I:WkiIJi14kikIF_10NWAIW3 Staff recommends the City Council find this action is not subject to the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. NOTICING: The agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). ATTACHMENTS: None. 12-6