...Title
Annexation Area No. 2 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. 2.
(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. 2; and
(2) Directing the City Clerk to record a notice of special tax lien.
(c) Adopt the following 2020-2021 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 $4,582,360; and
(2) Increase the Unrestricted Ending Fund Balance by $4,582,360.
CEQA: Determination of Consistency to the San José Downtown Strategy 2000 Environmental Impact Report (Resolution No. 72767), and Addenda thereto, File No. PP08-002. Council Districts 3, 4 and 6. (Public Works/Finance/City Manager)