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7.3.B. - Page 1 <br /> REPORT <br /> To the Honorable Mayor and City Council <br /> From the City Manager <br /> June 23, 2014 <br /> SUBJECT <br /> Levy of Benefit Assessments for Fiscal Year 2014/2015 for the Seaport Centre <br /> Maintenance District, and the Seaport Boulevard Landscape Maintenance District <br /> RECOMMENDATION <br /> Adopt resolutions to order the Levy of Benefit Assessments for FY 2014/2015 for the <br /> Seaport Centre Maintenance District in the amount of $187,000, and the Seaport <br /> Boulevard Landscape Maintenance District in the amount of $212,500. <br /> BACKGROUND <br /> The Seaport Centre Maintenance District consists of the Seaport Centre business park <br /> development. It was established on April 22, 1985 to pay for the maintenance of <br /> stormwater, water, wastewater, and levee systems in easements. These systems were <br /> determined to be of sole benefit to the parcels within the District. The City's Public <br /> Works Services Department performs the operation and maintenance for these <br /> facilities. <br /> The Seaport Boulevard Landscape Maintenance District was established on July 27, <br /> 1987 to pay for the maintenance of certain public utility facilities and landscape <br /> improvements on public rights of way. These improvements were determined to be of <br /> sole benefit to the parcels within the District. The District includes commercial properties <br /> along Seaport Boulevard and in the Seaport Centre business park development. The <br /> majority of improvements paid for by this District are landscape improvements <br /> maintained by the City's Parks, Recreation, and Community Services Department. The <br /> District also pays for the storm retention basin, operated and maintained by the City's <br /> Public Works Services department, to the east of Seaport Boulevard. <br /> ANALYSIS <br /> The districts are assessed annually and individually to allow taxes to be levied and <br /> collected by the San Mateo County Tax Controller and Collector's Office. The districts' <br /> budgets are on a five-year budget cycle, with FY 2010/2011 as the beginning of the <br /> current five-year cycle. At that time, the districts' operation, maintenance, and <br /> improvement needs for the next five years were assessed by the City's Community <br /> Development Department, Engineering division. Based on the analysis, the existing <br /> assessment rate is sufficient to cover needs for the next five years, barring any <br /> unexpected emergencies. Therefore, on July 12, 2010, the Council adopted the five- <br />