Search Backing santa monica sunset
Santa Monica Housing and Economic Development
Santa Monica Economica Development

Economic Development Division

Bayside and Downtown Mall Operations & Maintenance District

 

In accordance with Resolution 8026 (CCS), an Operation and Maintenance Assessment Fee (Assessment Fee) is levied on all businesses within the designated boundaries.

Uses for Funds: Supplemental operations and maintenance, including Downtown Santa Monica, Inc.

Boundaries: Centerlines of the following streets - Wilshire Boulevard on the north, Fourth Court on the east, Broadway on the south, and First Court on the west.

Date Established: 1986

Formula for Retail and Non Retail Businesses: For information on the formula, please visit the City of Santa Monica Finance website.

The square foot formula is effective on a request basis for office uses only, and applicants requesting this option are required to submit a copy of the lease and/or other documentation with regard to the amount of gross square footage that is leased.

For questions, contact the Business License Office at 310-458-8745 or email them at license@smgov.net

Exceptions: None. Applies to all business licenses within the District.

How Funds are Collected: Funds are collected by the City's Business License Department concurrently with the annual business license.

Who Administers the Fund: Downtown Santa Monica, Inc. administers the fund on behalf of downtown.

Approximate Size of Fund: Approximately $1.4 million (Fiscal year 2016-17)

To see more information on the Third Street Promenade and Downtown, visit their website at http://www.downtownsm.com/


[Back to Business Organizations main page]

  Promenade
City of Santa Monica © 2020

200 Santa Monica Pier, Suite J, Santa Monica, CA 90401