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ATTACHMENT 2 <br />RESOLUTION NO. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, <br />ACCEPTING AND APPROVING THE 2025 ANNUAL REPORT AND 2026 BUDGET OF <br />THE DOWNTOWN PLEASANTON BUSINESS IMPROVEMENT DISTRICT, <br />DECLARING THE INTENTION TO AMEND PLEASANTON MUNICIPAL CODE <br />SECTION 5.28.080 SYSTEM OF ASSESSMENTS TO PERMIT CHANGES TO THE <br />MANNER IN WHICH THE ANNUAL ASSESSMENT IS LEVIED, AND TO LEVY THE <br />ANNUAL ASSESSMENT FOR 2026 <br /> <br />WHEREAS, the Parking and Business Improvement Area Law of 1989, Streets and <br />Highways Code §36500 et seq. (“89 Law”), authorizes the City of Pleasanton to establish <br />business improvement areas; and <br /> <br />WHEREAS, the City of Pleasanton has heretofore established a Pleasanton Downtown <br />Business Improvement District (“District”), the purposes and boundaries of which are set forth in <br />Chapter 5.28, Pleasanton Municipal Code; and <br /> <br />WHEREAS, the City of Pleasanton has heretofore appointed an Advisory Board for the <br />District; and <br /> <br />WHEREAS, said Advisory Board has prepared a 2025 annual report and a 2026 budget <br />which satisfies the statutory requirements of Streets and Highways Code §36533 and has made <br />a recommendation to the City Council to amend the system of assessments in which the District <br />is levied. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON, <br />CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS: <br /> <br />SECTION 1: The 2025 annual report and 2026 budget of the Advisory Board are <br />accepted and approved. <br /> <br />SECTION 2: The City Council declares its intention to establish the District and to levy <br />and collect assessments on assessed businesses within the District boundaries for Calendar Year <br />2026 pursuant to the 89 Law. <br /> <br />SECTION 3: The business improvement area shall be known as the “Pleasanton <br />Downtown Business Improvement District.” <br /> <br />SECTION 4: The City Council intends to levy and collect assessments within the District <br />in 2026, for the proposed improvements and activities as provided in Chapter 5.28 of the <br />Pleasanton Municipal Code. <br /> <br />SECTION 5: The boundaries of the District are shown on the map attached hereto as <br />Exhibit A. <br /> <br />SECTION 6: Except where funds are otherwise available, the assessments shall be <br />levied and collected on an annual basis to pay for all improvements and activities within the area. <br /> <br />SECTION 7: The City Council hereby declares its intention to amend the Pleasanton <br />Municipal Code Section 5.28.080 to read as follows: <br /> <br />Page 164 of 264