AgdaPkt 2011-06-13 - Laserfiche WebLink

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6.3.A. - Page 1 To the Honorable Mayor and City Cou nci I From the City Manager J u ne 13, 2011 SUBJECT Levy of Benefit Assessments for Fiscal Year 2011/2012 for the Redwood Shores Landscape Maintenance District 1995-1 RECOMMENDATION Adopt a resolution to order the Levy of Benefit Assessments for FY 2011/2012 for the Redwood Shores Landscape Maintenance District 1995-1 in the amount of$207,937. BAC KG RO U N D The Redwood Shores Landscape Maintenance District No. 1995-1 was established in December 1995, and was ratified and approved by a majority vote protest procedure in 1997 according to Proposition 218 requirements. The Lido Neighborhood Specific Plan, approved by the City Council, recommended that a maintenance district be established to maintain public areas and facilities benefiting the Lido Neighborhood. Creation of the District establishes a means for financing annual landscape maintenance costs of public facilities benefiting the Lido Neighborhood and its environs. The district is annually assessed to allow taxes to be levied and collected by the San Mateo County Tax Controller and Collector's Office. The formation document for the District allows for a built-in inflation adjuster based on labor cost, not to exceed 3.5% increase in the assessment amount. The labor cost for FY 2011/2012 exceeds 3.5%. Therefore, the maximum increase of 3.5% is proposed for FY 2011/2012 assessments. Related budgets, assessments, and City Manager's Report are available for review in the City Clerk's Office. ALTERNATIVES Council may choose not to authorize the tax levy, and consequently, not provide additional landscape maintenance services to area property owners. FISCAL IMPACT The districts' finances are separate from the City's General Funds. However, according to the formation document for the District, the City's share of the District's landscape maintenance budget is about 12% of the District's budget, about $28,355. ENVIRONMENTAL REVIEW