Title
Recommendation to Accept and File Various Community Facilities Districts (CFD) Reports for Fiscal Year (FY) Ending June 30, 2022, including: CFD No. 03-1 (Bayport Municipal Services District); CFD No. 13-1 (Alameda Landing Public Improvements); CFD No. 13-2 (Alameda Landing Municipal Services District); CFD District No. 14-1 (Marina Cove II); and CFD No. 17-1 (Alameda Point Public Services District). (Finance 10024051)
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To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
The following reports are intended to comply with the requirements of the Local Agency Special Tax Bond and Accountability Act (the Act):
* CFD No. 03-1 (Bayport Municipal Services District) Report;
* CFD No. 13-1 (Alameda Landing Public Improvements) Report;
* CFD No. 13-2 (Alameda Landing Municipal Services District) Report;
* CFD No. 14-1 (Marina Cove II) Report; and
* CFD No. 17-1 (Alameda Point Public Services District) Report for Fiscal Year Ending June 30, 2022.
The City Council is being asked to receive and accept these reports.
BACKGROUND
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Act. The Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax; requires that the proceeds of the special tax be applied to those purposes; requires the creation of an account into which the proceeds shall be deposited; and requires an annual report containing specified information concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 or Section 53410 of the California Government Code.
As special tax measures, CFD No. 03-1 (Bayport Municipal Services District), CFD No. 13-1 (Alameda Landing Public Improvements), CFD No. 13-2 (Alameda Landing Municipal Services District), CFD No. 14-1 (Marina Cove II...
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