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HomeMy WebLinkAbout15-02 CC Ordinance ORDINANCE NO. 15-02 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TEMECULA DISESTABLISHING THE TEMECULA VALLEY TOURISM BUSINESS IMPROVEMENT DISTRICT AND AMENDING THE TEMECULA MUNICIPAL CODE BY DELETING CHAPTER 3.40 IN ITS ENTIRETY THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1 . RECITALS The City Council of the City of Temecula hereby finds, determines and declares as follows: (a) In 2005, the City Council of the City of Temecula established the Temecula Valley Tourism Business Improvement District ("TVTBID") pursuant to the Parking and Business Improvement Area Law of 1989 (Streets and Highways Code Section 36500, et. seq.) (the "Law"); and (b) On February 10, 2015, the City Council of the City of Temecula adopted its Resolution No. 15-09 to establish the Visit Temecula Valley Tourism Business Improvement District ("VTVTBID") pursuant to the Property and Business Improvement District Law of 1994 (Streets and Highways Code Section 36600, et. seq.); and (c) The TVTBID is no longer necessary upon establishment of the VTVTBID; and (d) Pursuant to Streets and Highways Code Section 36550, the City Council may disestablish a business improvement area by adopting an Ordinance, after adopting a resolution of intention and holding a noticed public hearing; and (e) On February 10, 2015, the City Council adopted Resolution No. 15-10 declaring its intention to disestablish the TVTBID and setting March 10, 2015 as the date for a public hearing on the matter; and (f) The City Council held a duly noticed public hearing to disestablish the TVTBID on March 10, 2015. SECTION 2. Pursuant to Section 36550 of the Law, the TVTBID is hereby disestablished. SECTION 3. The Temecula Municipal code is hereby amended by deleting Chapter 3.40 in its entirety. Ords 15-02 1 SECTION 4. Any existing TVTBID revenue balances derived from the levy of assessments or any revenues derived from the sale of assets acquired with assessment revenues, if not required to repay outstanding obligations of the TVTBID program, shall be transferred to the Visit Temecula Valley Tourism Business Improvement District, established by the City Council on February 10, 2015, for the benefit of lodging businesses within the City. SECTION 5. The Mayor shall sign and the City Clerk shall certify to the passage and adoption of this Ordinance and shall cause the same or a summary thereof to be published and posted in the manner required by law. SECTION 6. This Ordinance shall take effect thirty (30) days after passage. PASSED, APPROVED, AND ADOPTED by the City Council of the City of Temecula this 24th day of March, 2015. Jeff Comerchero, Mayor ATTEST: Randi Ji -: .n, City Clerk [SEAL] Ords 15-02 2 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Randi Johl-Olson, City Clerk of the City of Temecula, do hereby certify that the foregoing Ordinance No. 15-02 was duly introduced and placed upon its first reading at a meeting of the City Council of the City of Temecula on the 10th day of March, 2015, and that thereafter, said Ordinance was duly adopted by the City Council of the City of Temecula at a meeting thereof held on the 24th day of March, 2015, the following vote: AYES: 4 COUNCIL MEMBERS: Edwards, Naggar, Rahn, Comerchero NOES: 0 COUNCIL MEMBERS: None ABSTAIN: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None ndi Johl-Olson, City Clerk Ords 15-02 3