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AgdaPkt 2015-07-27 Joint SA and PFA
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AgdaPkt 2015-07-27 Joint SA and PFA
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Last modified
7/28/2015 8:35:10 AM
Creation date
7/23/2015 5:51:54 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
7/27/2015
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7.3.B. - Page 31 <br /> Program Funded by Property Variable Estimated Amount <br /> First Year - <br /> Sidewalk Operations 100% of the linear frontage $ 423,000.00 — 54% <br /> and Beautification assessments in both benefit The Board decides how this <br /> zones amount will be allocated <br /> (Residential Condo assessments month by month, <br /> pay for services in the same prioritizing services based <br /> proportion as allocated in the upon the changing needs of <br /> budget) the growing CBID area <br /> District Identity 100% of the building square $ 160,000 — 20% <br /> footage district wide* <br /> (Residential Condo assessments <br /> pay for services in the same <br /> proportion as allocated in the <br /> budget) <br /> Parking Management *Paid for the difference in costs $54,000 — 7% <br /> for Benefit Zone 1 building These special benefit <br /> square footage and Benefit Zone services are generated from <br /> 2 building square footage, - the premium on building <br /> approximately $40,000 per year. square footage annual costs <br /> Additionally, Benefit Zone 1 and in Benefit Zone 1 and are <br /> 2 linear frontage assessments apportioned to provide <br /> may also be used for district special services to Benefit <br /> wide parking management Zone 1 parcels. District <br /> programs wide parking management <br /> programs may also be <br /> funded by linear frontage <br /> assessments from both <br /> benefit zones <br /> Program Lot Size assessments <br /> Management (Residential Condo assessments <br /> corporate operations pay for services in the same $ 120,000 — 15% <br /> proportion as allocated in the <br /> budget) <br /> Contingency Balance of Lot size assessments <br /> (Residential Condo assessments <br /> pay for services in the same $ 30,747 — 4% <br /> proportion as allocated in the <br /> budget) <br /> Total for all <br /> Special Benefit Services 787747.00 <br /> 23 <br />
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