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REPORT <br />To the Honorable Mayor and City Council <br />From the City Manager <br /> <br />July 25, 2016 <br /> <br />SUBJECT <br />Levy of Benefit Assessments for Fiscal Year 2016/2017 for the Seaport Boulevard <br />Landscape Maintenance District <br /> <br />RECOMMENDATION <br />Adopt a resolution to order the Levy and Collection of Benefit Assessments for FY <br />2016/2017 for the Seaport Boulevard Landscape Maintenance District in the amount of <br />$212,500 <br /> <br />BACKGROUND <br />The Seaport Boulevard Landscape Maintenance District (District) was established on <br />July 27, 1987 to pay for the expense of maintaining and operating the stormwater <br />retention basin and landscaping along Seaport Boulevard. Annual assessments are <br />levied against commercial properties along Seaport Boulevard and in Seaport Centre <br />(District map attached) for maintenance of facilities that were determined to require a <br />level of service greater than regularly required. On June 8, 2015, Council accepted the <br />City Manager’s and Engineer’s reports that describes the maintenance work, costs and <br />the formula by which annual assessments will be calculated against each assessed <br />parcel for an aggregate amount not to exceed $212,500 for the District. On August 24, <br />2015, property owners of the District approved, by a vote of 100% yes to 0% no, the <br />levy of a maximum annual benefit assessment of $212,500. <br /> <br />ANALYSIS <br />The District is assessed annually to allow taxes to be levied and collected by the San <br />Mateo County (County) Controller’s and Tax Collector’s Office with the secured property <br />tax roll. Only special benefits are assessed, and any general benefits have been <br />separated from the special benefits as shown in the City Manager’s and Engineer’s <br />Reports for the District. The proposed annual assessment for FY 2016-17 in the amount <br />of $212,500 would not be a change from FY 2015-16. As shown in the City Manager’s <br />and Engineer’s Reports for the District, the annual maintenance budget is in balance, <br />with expected expenditures of the District not exceeding assessments. The annual <br />budget, assessments, City Manager’s Report and the resolutions pertaining to the <br />District are available for review in the City Clerk’s Office. <br /> <br /> <br /> <br />6.3.B. - Page 1