Title
Public Hearing to Consider Adoption of Resolution Approving the Engineer's Report, Confirming Diagram and Assessment, and Ordering the Levy of Assessments, Maintenance Assessment District (MAD) 01-01 (Marina Cove) (Public Works 276)
Body
To: Honorable Mayor and Members of the City Council
From: Jill Keimach, City Manager
Re: Public Hearing to Consider Adoption of Resolution Approving the Engineer's Report, Confirming Diagram and Assessment, and Ordering the Levy of Assessments, Maintenance Assessment District 01-01 (Marina Cove)
BACKGROUND
On February 16, 2016, in accordance with the Landscape and Lighting Act of 1972, the City Council appointed an engineer and an attorney for the annual proceedings associated with Maintenance Assessment District (MAD) 01-01 in Marina Cove, and authorized the preparation of the Engineer's Report. On May 17, 2016, the City Council preliminarily approved the Engineer's Report, declared an intention to order levy and collection of Marina Cove assessments, and set a public hearing for June 21, 2016. A copy of the MAD Map is attached as Exhibit 1.
DISCUSSION
This MAD funds the maintenance of Marina Cove's 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, $7,993 will be collected as reserves to establish sufficient balance for future replacements of improvements as described in the engineer's report.
An automatic Consumer Price Index (CPI) increase was authorized in the founding of this MAD. Accordingly, the assessments will increase by 3.02%, which is the CPI for the Bay Area for the year ending February 2016. A vote of the property owners is not required.
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