Description
Title: City Signatory Authority for City Property: Oak Park Property and Business Improvement District No. 2026-03
Summary
The legislation concerning the Oak Park Property and Business Improvement District (OPPBID) in Sacramento seeks to renew the district for a ten-year term starting January 1, 2027. The OPPBID, originally formed in 2004, aims to enhance the area through maintenance, security, infrastructure improvements, and marketing, thereby promoting a clean and vibrant environment. The City of Sacramento owns 32 parcels within this district and will contribute approximately $59,993 in the first year of the renewal. City staff recommend that these properties remain assessed under the OPPBID to continue benefiting from its services. The City Council's authorization is needed for the City Manager to sign the petition supporting this renewal. This legislation is significant as it supports local business