DATE: June 4, 2019
TO: Mayor and City Council
FROM: Maintenance Services Director
SUBJECT
Adopt Resolutions to Approve the Engineer's Report, Reconfirm Maximum Base Assessment Rate, Confirm the Assessment Diagram and Fiscal Assessment, Order the Levy and Collection of Fiscal Assessments, and Approve Funding Recommendations and Appropriate Revenue Funds for Maintenance District No. 2 - Eden Shores Storm Water Buffer and Facilities, for Fiscal Year 2020
RECOMMENDATION
That the City Council adopts the attached resolutions (Attachment II and III).
1. Approving the Engineer’s Report,
2. Reconfirming the Maximum Base Assessment Rate,
3. Confirming the Assessment Diagram and Fiscal Assessment,
4. Ordering the Levy and Collection of Fiscal Assessments,
5. Approving the Funding Recommendations, and
6. Appropriating Revenue and Expenditure budgets for Maintenance District No. 2.
SUMMARY
Maintenance District No. 2 (MD 2) was established in 2003 to fund the operation, maintenance, and replacement of the water buffer and storm water facility that borders the Eden Shores residential community. Based on staff’s review of the district’s financial position, staff is recommending no change to the FY 2020 assessment rate from the previous year, set at $198.95. If the City Council adopts the attached resolutions, 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 2020 tax roll.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution (Approving the Engineer’s Report)
Attachment III Resolution (Approving the Budget)
Attachment IV Engineer’s Report
Attachment V Assessment Roll