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Res10 15024
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Res10 15024
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Last modified
10/11/2019 7:43:17 AM
Creation date
10/11/2019 7:43:12 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
5/24/2010
Description
� RESOLUTION OF INTENTION TO ORDER THE� LEVY OF BENEFIT ASSESSMENTS FOR FISCAL YEAR 2010-2011 THROUGH FISCAL YEAR 2014-2015 USING THE ALTERNATIVE METHOD, ESTABLISHING A 5-YEAR BUDGET FOR FISCAL YEARS 2010-2011 THROUGH 2O14-2015, ESTABLISHING A MAXIMUM CUMULATIVE ASSESSMENT FOR SUCH 5-YEAR PERIOD AND A MAXIMUM ANNUAL ASSESSMENT FOR SUCH 5-YEAR PERIOD, APPROVING CITY MANAGER'S AND ENGINEER'S REPORTS, CALLING PROPERTY OWNERS' ELECTION ON SAID BUDGET AND ASSESSM.ENTS, AND PROVIDING FOR NOTICE OF ELECTION AND HEARING THEREON — SEAPORT BOULEVARD LANDSCAPE MAINTENANCE DISTRICT
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EXHIBIT C 05/24/2010 <br /> CITY OF REDWOOD CITY <br /> SEAPORT BOULEVARD LANDSCAPE MAINTENANCE DISTRICT <br /> NOTICE OF PROPOSED ASSESSMENT <br /> replacements, additions, and betterments to the above enumerated facilities; and 9) all necessary <br /> incidental expenses pursuant to Section 22526 of the Streets and Highways Code of the State of <br /> California. <br /> Maximum Assessment: The maximum maintenance budget for the District to be spread among <br /> assessment parcels within the District is $212,500 in each fiscal year of the 5-year budget. The <br /> entire budget will be spread among the assessment parcels in the District based on the special <br /> benefit conferred upon each assessment parcel by the Facilities. The annual budget will be <br /> allocated among assessment parcels in the District as described below under the heading"Basis <br /> for Calculating Assessments"and as more fully described the method of spread in the Engineer's <br /> Report prepared in connection with these proceedings. The maximum annual assessment for <br /> your parcels is$67,034.46. The maximum cumulative assessment on your parcels over the 5- <br /> year period is$335,172.30. <br /> Duration of Assessment: An assessment will be levied annually for a period of five years on all <br /> parcels in the District to pay for annual maintenance expenses of the Facilities specifically <br /> benefiting parcels in the District. After the fiscal year ending June 30, 2015 any continuation of <br /> the assessment will be duly noticed and will be subject to a majority protest election as required <br /> by Proposition 218. <br /> Basis for Calculating Assessments: Each year the City will determine how much it will cost to <br /> maintain Facilities in the District. The total budget that may be allocated among parcels in the <br /> District is limited to the maximum as described above under the heading "Maximum <br /> Assessment." Annual landscape maintenance costs are spread among all assessable parcels <br /> within the District on the basis of special benefit conferred upon each parcel, which special <br /> benefit is calculated based on the sum of the following: (a) one-half of the ratio of the acreage <br /> that each assessment parcel bears to the total acreage of all assessment parcels plus (b) one- <br /> quarter of the ratio of the frontage on the Union Pacific Railway Company right-of-way that each <br /> assessment parcel bears to the summation of all assessment parcel frontages on the Union Pacific <br /> Railway Company right-of-way plus (c) one-quarter of the ratio of the distance (times 100)from <br /> the most westerly side of the landscaping improvements along Seaport Boulevard to the centroid <br /> of each assessment parcel that each assessment parcel bears to the summation of all such <br /> assessment parcel distances(times 100). <br /> Procedures for Completing the Ballot: Accompanying this notice is a ballot, along with a self <br /> addressed, postage paid return envelope. The ballot may be completed by the property owner(s) <br /> or their authorized representative and returned to the City to indicate the property owner's <br /> support or opposition to the proposed assessment. For your ballot to be counted, you must <br /> clearly mark the appropriate box, sign the ballot and return it sealed in the enclosed envelope <br /> by the conclusion of the City Council public hearing on July 12, 2010. Ballots may be returned <br /> either by mail, or delivered to the City Clerk at 1017 Middlefield Road or to the City Clerk prior <br /> to the conclusion of the public hearing. <br /> 2 <br /> Reso. # 15024 <br /> Page 6 <br />
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