Title
Recommendation to Authorize the City Manager to Execute a Two-Year Agreement with NBS for Audit Implementation Services for Alameda's Landscape and Lighting District and Special Financing Districts, in an Amount Not to Exceed $101,750. (Public Works 27641530)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
The City of Alameda (City) administers a variety of Special Financing Districts (District) throughout the City. The earliest District was formed in 1984. In 2016, staff began an audit process to ensure that Alameda's Districts are following all current laws and best management practices. The audit process resulted in a variety of recommendations to bring the Districts into compliance. Staff recommends moving forward with the most critical findings with the support of Alameda's Special Financing District consultant, NBS. Staff is seeking approval of a two-year contract in an amount not to exceed $101,750. The audit implementation work is only specific to the City's non-bonded districts and will focus on these key priorities: Marina Cove Park Fiscal Impact Analysis, Annual Budget and Fund Balance Review, Updating District Resolutions and Engineer's reports to include necessary general and special benefit analysis, and an Administrative and Operations Manual. Funding for this work was budgeted in the Public Works Department Fiscal Year (FY) 2021-23 Biennial Budget for Special Financing District Administration Fund (27641530).
BACKGROUND
Special Financing Districts are land secured funding mechanisms which are formed and operate under various sections of California law. Property owners are charged an assessment or tax to provide for services or infrastructure such as landscape and maintenance. This item focuses on Alameda's non-bonded or service Districts. Alameda has several types of Districts: Non-bonded Maintenance Assessment Districts (MADs), the Island City Landscape and Lighting District (LLADs), and Community Fa...
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