File #: 24-0468    Version: 1
Type: information Status: Filed
File created: 5/24/2024 In control: PBIA Advisory Board
Agenda date: 6/5/2024 Final action: 6/5/2024
Title: Administrative Update
Attachments: 1. OMC 3.62, 2. Administrative Update

Title

Administrative Update

 

Recommended Action

Information only. No action requested.

 

Report

Issue:

Discussion on the management and administration of the PBIA program.

 

Staff Contact:

Daisha Versaw, Economic Development Senior Program Specialist, Office of Community vitality 360.570.5847

 

Presenter(s):

Daisha Versaw, Economic Development Senior Program Specialist, PBIA staff liaison

 

Background and Analysis:

The PBIA program is currently being reviewed by City staff as we seek opportunities to improve the program so that it is more equitable, modernized, sustainable, and effective. Staff will provide and update to the PBIA Advisory Board and receive their comments. The information provided in the staff update is intended to support the PBIA with decisions related to their role advising City Council on the PBIA Fund and developing the PBIA Advisory Baord work plan.

 

Climate Analysis:

The PBIA contributes to a vibrant Downtown, which contributes to climate action. Focusing on growth and activity into dense neighborhood areas help reduce dependence on cars, thereby cutting greenhouse gas emissions.

 

Equity Analysis:

There are elements of the PBIA

 

Neighborhood/Community Interests (if known):

This item is of interest to Downtown Olympia with Regional Interest.

 

Options:

1.                     Receive the report

2.                     Defer this item to a future meeting

3.                     Do not receive the report.

 

Financial Impact:

PBIA assessments generate roughly $100,000/year, which is invested back into Downtown. Significant staffing costs are associated with administering and managing the PBIA program. OMC 3.62, the ordinance that governs the PBIA lists administration and staff support as an expense that will be covered by PBIA; however, these costs are currently absorbed by the City.

 

Attachments:

OMC 3.20 (hyperlink)

Administrative Update