Title
Adoption of Resolution Preliminarily Approving the Annual Report Declaring the City's Intention to Order the Levy and Collection of Assessments and Providing for Notice of Public Hearing on June 17, 2014 - Maintenance Assessment District 01-01 (Marina Cove). (Public Works 276)
Body
To: Honorable Mayor and Members of the City Council
From: John A. Russo, City Manager
Re: Adopt a Resolution Preliminarily Approving the Annual Report Declaring the City's Intention to Order the Levy and Collection of Assessments and Providing for Notice of Public Hearing on June 17, 2014 - Maintenance Assessment District 01-01 (Marina Cove)
BACKGROUND
On June 7, 2002, the City Council established Maintenance Assessment District 01-1. The purpose of this assessment district is to provide maintenance for the City park, sidewalks, and landscaping in the Marina Cove development.
To levy next fiscal year's assessments, the City is required to follow a prescribed legal process. This annual process began on February 18, 2014, with the City's appointment of an engineer and an attorney for the assessment district. By adopting this resolution, the City Council will preliminarily approve the annual report declaring the City's intention to order the levy and provide notice of the public hearing on June 17, 2014. After the hearing, the City Council will consider approval of the assessments for the following year.
The resolution is required to be published once in a local paper with a minimum of ten days between the first notice of publication of the resolution and the public hearing.
DISCUSSION
This assessment district funds the maintenance of street trees, medians, sidewalks, pathways, irrigation, lighting, and the associated utilities. The Engineer's Report was prepared by NBS, a consultant specializing in assessment districts, in accordance with Section 22565 et seq. of the California Streets and Highways Code. The report includes an estimated annual budget to maintain the public improvements within the district. This year, $71,000 has been allocated from reserves to cover expenses above the current year's budget. This allocation is expected to be reduced as the addition of Marina Cove Phase II brings additional assessment revenue.
When the district was established, an automatic Consumer Price Index (CPI) increase was pre-approved. Accordingly, the assessments will increase by 2.45% , which is the CPI for the Bay Area for the year ending February 2014.
Public Works staff proposes that the City Council adopt a resolution to preliminarily approve the Engineer's Report and set the regular City Council meeting of June 17, 2014, as the date for the public hearing.
FINANCIAL IMPACT
The assessment district was created to maintain public improvements associated with the Marina Cove development. Funds not expended in a fiscal year remain within the assessment district (Fund 276) and may be used for future expenses. The cost to administer the assessment district, including full City cost allocation, in Fiscal Year 13-14 is approximately $165,000 and is included within the proposed budget. There is no impact to the General Fund.
MUNICIPAL CODE/POLICY DOCUMENT CROSS REFERENCE
This action does not affect the Municipal Code.
ENVIRONMENTAL REVIEW
In accordance with the California Environmental Quality Act (CEQA), this project is Categorically Exempt under the CEQA Guidelines Section 15301, Maintenance of Existing Facilities.
RECOMMENDATION
Adopt a resolution preliminarily approving the annual report declaring the City's intention to order the levy and collection of assessments and providing for notice of public hearing on June 17, 2014 - Maintenance Assessment District 01-01 (Marina Cove).
Respectfully submitted,
Robert G. Haun, Public Works Director
By,
Liam Garland, Administrative Services Manager
Financial Impact section reviewed,
Fred Marsh, Finance Director
Exhibits:
1. Maintenance Assessment District Map
2. Engineer's Report