...Title
Actions Related to the Annexation Area No. 1 to Convention Center Facilities District No. 2008-1.
...Recommendations
(a) Accept the landowner approval forms to annex hotel property into Convention Center Facilities District No. 2008-1 as Annexation No. 1.
(b) Adopt a resolution:
(1) Approving the annexation of territory to Convention Center Facilities District No. 2008-1 and levying a special tax within Annexation No. 1; and
(2) Directing the City Clerk to record a notice of special tax lien.
(c) Adopt the following 2017-2018 Funding Sources Resolution and Appropriation Ordinance amendments in the Convention Center Facilities District Revenue Fund:
(1) Increase the revenue estimate for Convention Center Facilities District Special Tax by $2,475,892; and
(2) Increase the Unrestricted Ending Fund Balance by $2,475,892.
CEQA: Determination of Consistency to the San José Downtown Strategy 2000 Final Environmental Impact Report, Resolution No. 72767, and Addenda thereto, File No. PP08-002. Council Districts 3, 4 & 7. (Public Works/Finance/City Manager)