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Home My WebLink About05 - TBID Resolution 2013-89 - PetitionsRecieved After Agenda Printed Agenda Item #5 December 10, 2013 PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Business Owner Signature r1• Date A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Business Owner "�'j-TKf-.z Aoroi,1 r-iff Owner Repres ntative /Owner Name (printed) Title //1jY1i3 Owner /Representative Signature A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Business Owner Owner Representative/ wner Name (printed) Title Owner /Representative Signature D to A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Business Owner UQ4�SSn�c��(�c�CJn lVc��v t1�tA,�N�S (1-(-4 � c' Owner Representative /Owner Name (printed) Owner /Representative Signature Title Date 01 A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 am PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Owner Representative /Owner Name (printed) presentative Signature Business Owner gut 4A� Title (AI' )-D13 A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Business Owner 1/�..AI I�Lf 1v� l�F�T� � LIso6 a16y Cunr� (/c(Iiu✓J3r C Owner Representative /Owner Name (printed) A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Business Owner \ 1 � V6 1 Y�.�s'S) \1.J`.Sel f' 1 Owner Owne er Name (printed) Title fl, iier-lS Date A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Business Owner Owner Representative /Owner Name (printed) Title Owner /Representative Signature "0j MQer /(- I'� -r`�- Date A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 PETITION TO THE CITY OF NEWPORT BEACH TO RENEW THE NEWPORT BEACH TOURISM BUSINESS IMPROVEMENT DISTRICT We petition you to initiate special assessment proceedings to renew the Newport Beach Tourism Business Improvement District in accordance with the Property and Business Improvement District Law of 1994, Streets and Highways Code Section 36600 et seq., for the purpose of implementing programs described in the Management District Plan summary attached hereto as Exhibit A. Lodging Establishment Business Owner Owner Representative /Owner Name (printed) Title Owner /Representative Signature Date A complete copy of the Management District Plan will be furnished upon request. Requests for a complete copy of the Management District Plan should be made to: Gary Sherwin Newport Beach & Company 1600 Newport Center Drive, Suite 120 Newport Beach, CA 92660 (949)719 -6100 EXHIBIT A MANAGEMENT DISTRICT PLAN SUMMARY Location: The City of Newport Beach. The NBTBID includes eight (8) lodging businesses located within the boundaries of the City of Newport Beach. The NBTBID shall include the Fairmont Newport Beach, the Hyatt Regency Newport Beach, the Newport Beach Marriott Bayview, the Newport Beach Marriott Hotel & Spa, the Radisson Newport Beach, the Balboa Bay Club and Resort (a.k.a., Balboa Bay Resort), the Newport Dunes Waterfront Resort and Marina, the Island Hotel Newport Beach, and any other hotel and resort business that may join the NBTBID in the future. Additional hotels and resorts that wish to pay the assessment and receive NBTBID services in the future may do so upon the approval of a majority of the then existing membership of the NBTBID, and through the execution of an agreement with the City approved by the City Council consistent with Property and Business Improvement District Law of 1994, Streets and Highways Code Sections 36600 et seq., as the same may be amended from time to time. Services: The NBTBID is designed to provide specific benefits directly to assessed businesses by increasing room night sales. The improvements and activities consist of sales marketing and direct sales programs to increase overnight tourism and market assessed businesses as tourist, meeting and event destinations, thereby increasing room night sales. These same improvements and activities are proposed for each year of the NBTBID's five or ten (5 or 10) year term. Budget: The total NBTBID annual budget for the initial year, and subsequent years, is anticipated to be approximately one point three three or two million dollars ($1,333,333 or $2,000,000). This budget is expected to fluctuate as room sales do, but is not expected to significantly change over the NBTBID's term. Cost: The annual assessment rate is two or three percent (2.0 or 3.0 %) of gross short -term (i.e., stays of thirty (30) calendar days or less) room rental revenue. Because programs will not be designed to attract certain stays, certain types of stays will not be assessed, as described in Section V(C) of the Management District Plan. Duration: The proposed NBTBID will have a five or ten (5 or 10) year term. The NBTBID assessment will be implemented beginning February 1, 2014, and will be in effect for five or ten (5 or 10) years through January 31, 2019 or January 31, 2024. After five or ten years, the petition and City Council hearing process must be repeated for the NBTBID to be renewed. Also, once per year beginning on the anniversary of the formation of the NBTBID, there is a 30 -day period in which assessed businesses paying more than fifty percent (50 %) of the assessments may protest and initiate a City Council hearing to terminate the NBTBID. EXHIBIT A MANAGEMENT DISTRICT PLAN SUMMARY Management: The TBID committee of Visit Newport Beach, Inc. will serve as the NBTBID's Owners' Association. The Owners' Association is charged with managing funds and implementing programs in accordance with this plan, and must provide annual reports to the City Council. Boundaries 1 I i at Newport Beach City Limits 133 Fadisson Newport Beach Fairmont Newport Beach 73 Newport Beach_Marriott Bayview