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<br />¿/Ø-/ <br /> <br />REPORT <br /> <br />To the Honorable Mayor and City Council <br />From the Cit Mana er <br /> <br />July 11, 2005 <br /> <br />Subject <br />Seaport Centre Maintenance District - District Confirmation and Levying of <br />Assessments - Engineering File No. 807-05 <br /> <br />Recommendation <br />1. Conduct a public hearing, declare ballot results <br /> <br />2. Adopt a resolution confirming the City Manager's and Engineer's Reports and <br />ordering the levying of assessments in accordance with the City Manager's and <br />Engineer's Reports. <br /> <br />Background <br />This Maintenance District was formed on April 22, 1985, to provide a source of revenue <br />for the maintenance and operation of certain storm water and sanitary sewer systems, <br />and the perimeter1evees at Seaport Centre. " Until the year 2000, annual or bi-annual <br />public hearings had been held to receive input from affected property owners and to <br />approve the budget and assessment. In July of 2000, a five year budget was formulated <br />with the property owners and that budget was in effect until now. The exercise today <br />will put a new 5-year budget into effect covering fiscal year 2005-06 through fiscal year <br />2009-2010. <br /> <br />On May 23, 2005, the City Council adopted Resolution No. 14643, which signified the <br />intention to; (1) order the levying of benefit assessments for fiscal years 2005-2006 <br />through 2009-2010, (2) establish a 5-year budget and a maximum annual assessment <br />for said years, (3) approve the City Manager's and Engineer's Reports, (4) call for a <br />property owners' election on the 5-year budget and maximum annual assessment, and <br />(5) provide notice for the election and a public hearing. In accordance with the above <br />Resolution, election notices and ballots were mailed out to the affected property <br />owners, as required by Proposition No. 218. <br /> <br />The public hearing that will be conducted today will allow concerned parties to speak for <br />or against the action. Qualified voters will be allowed to change their vote during this <br />public hearing. A final tally of votes will be reported at the conclusion of the public <br />hearing. Action may be taken by the Council to adopt the Resolution as recommended, <br />or to modify the reports including the assessment distribution formulas, and/or ask the <br />property owners to revote. <br /> <br />W:\Restored Library IA SSESSMENT DISTRlCTSISeaport Centre\2005 CENTR overrule protest cc RPTdoc <br />