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Res14 15347
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Res14 15347
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Last modified
10/11/2019 7:51:49 AM
Creation date
10/11/2019 7:51:36 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency
Date
6/9/2014
Description
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY DECLARING ITS INTENTION TO FORM THE DOWNTOWN REDWOOD CITY COMMUNITY BENEFIT IMPROVEMENT DISTRICT PURSUANT TO THE REDWOOD CITY COMMUNITY BENEFIT IMPROVEMENT DISTRICT PROCEDURAL ORDINANCE AND SETTING A TIME AND PLACE FOR A PUBLIC HEARING IN CONNECTION THEREWITH
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.�:�._. i ___ .. . . . <br /> 06/09/2014 <br /> surrounding the District, or to the public at large who might be passing through the District with no intention of <br /> transacting business within the District or interest in the District itself. <br /> Assessment engineering experience has found that general benefits within a community benefit improvement type district <br /> have ranged from a value of 2 to 5%of the overall total costs. It is noted that the general benefit values in the 4 to 5% <br /> range were based exclusively on general benefit analyses that incorporated pedestrian intercept surveys in calculating <br /> general benefit values. Such surveys are no longer used for calculating general benefit values for a variety of logistic and <br /> legal related issues.Those districts that use a variety of other mathematical factors to calculate general benefits based on <br /> the Assessment Engineer's experience range from 2 to 3%total general benefit value. <br /> General benefits, based on language in Proposition 218 and findings in subsequent Court cases (Golden Hills vs City of <br /> San Diego,Art District PBID vs the City of Los Angeles)are comprised of three distinct types of general benefit—benefit <br /> to assessed parcels within the district, benefit to the public at large within the District and benefit to parcels outside the <br /> District. <br /> General Beneft—Assessed Parcels within District <br /> CBID funded programs are narrowly designed and carefully implemented to specially benefit the assessed District parcels <br /> and are only provided for the special benefit to each and every assessed parcel within the CBID.It is projected that nearly <br /> 100%of benefits conferred on assessed parcels within the District are distinct and special due to the unique nature of the <br /> programs and the geographic application of CBID funded programs and services directly adjacent to all assessed parcels. <br /> This is because the CBID funded programs and services are specially geared to the unique needs of each assessed parcel <br /> within the CBID and are directed specially only to these assessed parcels within the CBID. This concept is further <br /> reinforced by the proportionality of special benefits conferred on each assessed parcel within the District as determined by <br /> the special benefit assessment formula as it is applied to the unique and varying property characteristics unique to each <br /> assessed parcel. In spite of this focused application of CBID funded programs and services,however, it is still estimated <br /> that a factor of 0.5% in general benefits may be conferred on assessed parcels within the CBID. The general benefits of <br /> 0.5%conferred on assessed parcels within the district equates to$3,979(0.5%x$795,781). <br /> General Benefit-Public At Lar�e <br /> While the CBID funded programs are narrowly designed and carefully implemented to specially benefit the assessed <br /> District properties and are only provided for the special benefit to each and every assessed parcel within the District,these <br /> CBID funded programs may also provide an incidental general benefit to the public at large within the District. <br /> Assessment Engineering experience in California has found that generally over 95% of people moving about within <br /> similar District boundaries are engaged in business related to assessed parcels and businesses contained on them within <br /> the District, while the public at large "just passing through" is typically less than 5%. Again, it is noted that the general <br /> benefit values in the 4-5%range were based exclusively on general benefit analyses that incorporated pedestrian intercept <br /> surveys in calculating general benefit values. Such surveys are no longer used for calculating general benefit values for a <br /> RESO.#15347 <br /> MUFF#506 <br />
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