Laserfiche WebLink
<br />'1M-1 <br /> <br />REPORT <br /> <br />To the Honorable Mayor and City Council <br />From the City Manager <br /> <br />May 22,2000 <br /> <br />Subject <br />Seaport Centre Maintenance District - District Confirmation and Levying of Assessments <br /> <br />Recommendation <br />Adopt a Resolution of Intention to: <br />1. Order the levy of benefit assessments for FY 2000-01; <br />2. Approve the Engineer's Report; <br />3. Approve a 5-year budget and a maximum annual assessment; <br />4. Ratify the formation of the District; <br />5. Call for a property owners' election on the 5-year budget and <br />assessment, and <br />6. Provide for notice of the election and a public hearing thereon. <br /> <br />maximum annual <br /> <br />Background <br />This Maintenance District was formed April 22, 1985, to provide a source of revenue for <br />the maintenance and operation of certain storm water, and sanitary sewer systems, and <br />the perimeter levees at Seaport Centre. Since then, annual or bi-annual public <br />hearings have been conducted to receive input from affected property owners, and to <br />approve the budget and assessment. The last time this Council approved a budget and <br />ordered a levy for this District was July 12, 1999, which provided for the levy for fiscal <br />year 1999-00. <br /> <br />Proposition No. 218, passed in 1996, requires any increase in existing assessment <br />levies to be approved by a majority vote of affected property owners. The levy for this <br />District has not been increased since the effective date of Proposition No. 218. <br /> <br />The resolution before the Council tonight is the first step in complying with Proposition <br />No. 218. The resolution ratifies the formation of the District, establishes a five-year <br />budget plan for the District, a maximum annual levy and a levy for FY 2000-01 (which is <br />not the maximum), calls for a property owners' election ratifying the District and the <br />maximum annual assessment, and provides for notice of the election and a public <br />hearing scheduled for July 10, 2000. If, at the conclusion of the public hearing, ballots <br />submitted in opposition to the maximum assessment levy exceed the ballots submitted <br />in favor of the maximum assessment levy, the Council may not impose an assessment <br />in excess of the levy approved for FY 1999-00. Ballots are weighted by financial <br />responsibility . <br /> <br />""TM_- <br />