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The following improvements and activities within the district shall be funded by the levy of assessments described in Section 18-57:

a.Promotion of public events within the area and undertaking of various promotional activities to benefit businesses within the business improvement district.

b.Funding of public improvements and decorations to improve the physical appearance and attractiveness of the area.

c.Administration of the North Monterey Business Association, undertaking of other promotional activities and special events which benefit the area, as well as other permitted uses for such funds as set forth in the Parking and Business Improvement Area Law of 1989.

The revenue from the levy of assessments within the district shall not be used to provide improvements or activities outside the area or for any purpose other than those specified in the Resolution of Intent No. 03-129 C.S., adopted by the City Council on the 7th day of October 2003. (Ord. 3333 § 7, 2003)