Title
Resolution granting consent to the City of Burlingame to participate in the formation of the San Francisco Peninsula Tourism Marketing District and include the City of South San Francisco within the district.
Body
WHEREAS, the City Council of the City of Burlingame (the Burlingame Council) desires to begin proceedings to form the San Francisco Peninsula Tourism Marketing District (SF Peninsula TMD); and
WHEREAS, certain lodging business owners have requested that the Burlingame Council form the SF Peninsula TMD; and
WHEREAS, a portion of the territory proposed to be included in the SF Peninsula TMD lies within the boundaries of the cities of Belmont, Brisbane, Burlingame, East Palo Alto, Foster City, Half Moon Bay, Menlo Park, Millbrae, Pacifica, Redwood City, San Bruno, San Carlos, San Mateo, South San Francisco, and the unincorporated area of San Mateo County (the Cities and County), as shown on the map attached hereto as Exhibit A and incorporated herein by such attachment; and
WHEREAS, the area of the Cities and County which lies within the boundaries of the proposed SF Peninsula TMD will, in the opinion of the Burlingame Council, be benefited by the improvements and activities, and the purpose sought to be accomplished by the work can best be accomplished by a single comprehensive scheme of work; and
WHEREAS, the proposed SF Peninsula TMD shall end five years from its start date, and shall consist of an annual assessment rate of one- and one-half percent (1.5%) of gross short-term sleeping room rental revenue for lodging businesses with 5,000 square feet or more of dedicated meeting space, and 0.75% for all other lodging businesses within the SF Peninsula TMD's boundaries; and
WHEREAS, the City of Burlingame shall be responsible for collecting the assessments on a monthly basis (including any delinquencies, penalties and interest) from each lodging business located in the boundaries of the SF Peninsula TMD and shall be paid a fee equal to one per...
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