DATE: June 4, 2024
TO: Mayor and City Council
FROM: Director of Maintenance Services
SUBJECT
Title
Adopt a Resolution of Intention to Approve the Preliminary Engineer’s Report and Assessments for Fiscal Year 2025; and Set June 25, 2024, as the Public Hearing Date for Such Actions for Consolidated Landscaping and Lighting District No. 96-1, Zones 1 through 18
End
RECOMMENDATION
Recommendation
That Council adopts a resolution (Attachment II) of intention to approve the Preliminary Engineer’s Report (Attachment III) and assessments for Landscaping and Lighting District No. 96-1 for FY 2025 and sets June 25, 2024 as the public hearing date.
End
SUMMARY
The Landscaping and Lighting Act of 1972 requires an annual review and update of the Engineer’s Report to set annual assessment rates for each benefit zone. Assessment rate recommendations are made based on annual expenses, required cash flow, and capital replacement requirements. Recommended annual assessment rates cannot exceed the Maximum Base Assessment (MBA) Rate established when a zone was originally formed. The annual engineer’s report is included as Attachment III and includes a detailed summary for each of the eighteen benefit zones.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution
Attachment III Preliminary Engineer’s Report