On November 15, 1976, the Sebastopol City Council adopted Resolution No. 2743 entitled “A Resolution of Intention to Establish a Sebastopol Parking and Business Improvement Area” describing the boundaries thereof, fixing the date of public hearing, indicating the proposed use to which the proposed revenue shall be put, fixing the initial rate of the license tax and establishing the classification of businesses subject to the tax as authorized by the Parking and Business Improvement Area Law of 1965 and on December 6, 1976, at 7:30 p.m. in the Forum Room of the Sebastopol Library at a regular meeting of the City Council of the City of Sebastopol, a duly noticed public hearing was held concerning the formation of said proposed parking and business improvement area. At the time of said public hearing the City Council heard all protests and received evidence for and against the proposed creation of said parking and business improvement area and determined that the protests made were insufficient to terminate the proceedings as provided in Section 36023 of the Streets and Highways Code of the State of California. The public interest, convenience and necessity require that the protests may be overruled and that the area be established and that the businesses located within the area shall be subject to the provisions of this chapter with regard to the imposition upon such businesses of annual rates or levies of taxes in amounts as set forth in SMC 5.06.020. (Ord. 1074, 2015)