File #: PH 22-042   
Section: Public Hearing Status: Agenda Ready
Meeting Body: City Council
Agenda Date: 7/5/2022 Final action:
Subject: Maintenance District No. 2 Public Hearing: Adopt a Resolution to Approve the Final Engineer's Report, Confirm the Maximum Base Assessment Rate, Confirm the Fiscal Assessment Rate, Confirm the Assessment Diagram, Order the Levy and Collection of Fiscal Assessment; and Adopt a Resolution to Approve Funding Recommendations and Appropriate Revenue and Expenditure Budgets for Maintenance District No. 2 - Eden Shores Storm Water Buffer and Facilities, for Fiscal Year 2023
Attachments: 1. Attachment I Staff Report, 2. Attachment II Resolution Approving Engineer's Report, 3. Attachment III Resolution Approving Funding, 4. Attachment IV Engineers Report, 5. Attachment V FY 2023 Assessment Roll

DATE:      July 5, 2022

 

TO:           Mayor and City Council

 

FROM:     Maintenance Services Director

 

SUBJECT                     

 

Title                      

Maintenance District No. 2 Public Hearing:  Adopt a Resolution to Approve the Final Engineer's Report, Confirm the Maximum Base Assessment Rate, Confirm the Fiscal Assessment Rate, Confirm the Assessment Diagram, Order the Levy and Collection of Fiscal Assessment; and Adopt a Resolution to Approve Funding Recommendations and Appropriate Revenue and Expenditure Budgets for Maintenance District No. 2 - Eden Shores Storm Water Buffer and Facilities, for Fiscal Year 2023                                         

                     

End
RECOMMENDATION

 

Recommendation

That the City Council adopts two resolutions (Attachments II, III):

1.                     Approving the Engineer’s Report,

2.                     Confirming the Maximum Base Assessment (MBA) amounts,

3.                     Confirming the Fiscal Assessment Rate,

4.                     Confirming the Assessment Diagram,

5.                     Ordering the Levy and Collection of the Fiscal Assessment,

6.                     Approving the Funding Recommendation, and

7.                     Appropriating Revenue and Expenditure budgets for Maintenance District No. 2 for Fiscal Year 2023.

 

End

SUMMARY

 

Maintenance District No. 2 (MD No.2) was established in 2003 to fund the operation, maintenance, and replacement of a water buffer and storm water pre-treatment pond that borders the Eden Shores residential community. Property owners in MD No. 2 are also property owners in the Landscape and Lighting Assessment District 96-1, Zone 10. Based on staff’s review of the district’s financial position, staff is recommending an increase to the FY 2023 assessment rate from the previous year, from $228.79 to $240.22.  If the City Council adopts the attached two resolutions (Attachments II and III), the Final Engineer’s Report (Attachment IV) will be approved, the revenue and expenditure budgets will be appropriated, and the final Assessor’s tax roll will be prepared and filed with the County Auditor’s Office allowing the assessments to be included in the FY 2023 tax roll.

 

ATTACHMENTS

Attachment I                                          Staff Report

Attachment II                                          Resolution I

Attachment III                     Resolution II

Attachment IV                     Engineer’s Report

Attachment V                                          FY 2023 Assessment Roll