Legislation Details

File #: HIST-25238    Version: 1 Subject:
Type: Historical Status: Public Hearing
In control: City Council Meeting Agenda
On agenda: 6/23/2014 Final action: 6/23/2014
Title: Adoption of a Resolution Confirming the Assessment and Ordering the Levy for Benefit Assessment District West Washington Boulevard No. 1 for Fiscal Year 2014/2015.
Attachments: 1. Adoption of a Resolution Confirming the Assessment - PH-1__14-06-23__CITY COUNCIL__CDD_PH_WWashington Phase I Levy 2014 - FINAL.pdf, 2. Adoption of a Resolution Confirming the Assessment - PH-1__14-06-23_CDD_PH_W Washington Phase I Levy 2014 ATT.pdf
City of Culver City, California Agenda Item Report Meeting Date: 6/23/2014 Item Number: PH-1 AGENDA ITEM: PUBLIC HEARING: Adoption of a Resolution Confirming the Assessment and Ordering the Levy for Benefit Assessment District West Washington Boulevard No. 1 for Fiscal Year 2014/2015 Contact Person/Dept.: Elaine Warner/CDD Phone Number: (310) 253-5777 Fiscal Impact: Yes [X] No [] General Fund: Yes [] No [X] Public Hearing: [X] Action Item: [] Attachments: [X] Commission Action Required: Yes [] No [X] Date: _______________ Public Notification: (E-Mail) Meetings and Agendas – City Council (06/17/14) Department Approval: Sol Blumenfeld (06/16/14) City Attorney Approval: Carol Schwab (by H. Baker) (06/16/14) Chief Financial Officer Approval: Jeff Muir (06/17/14) City Manager Approval: John M. Nachbar (06/17/14) RECOMMENDATION: Staff recommends the City Council adopt a resolution confirming the assessment and ordering the levy for Benefit Assessment District West Washington Boulevard No. 1 for Fiscal Year 2014/2015. PROCEDURE: 1. Mayor seeks a motion to receive and file the affidavits of publication and posting of notices and correspondence received in response to the public hearing notices; and, 2. Mayor calls for a staff report, and the City Council Members may pose questions to staff as desired; and, 3. Mayor seeks a motion to open the public hearing; and, 4. Mayor seeks a motion to close the public hearing after all public testimony has been presented; and 5. City Council discusses the item and arrives at its decision. BACKGROUND In June 2009, the Benefit Assessment District West Washington Boulevard No. 1 (District) was formed to fund the maintenance of five new landscaped medians City of Culver City, California Agenda Item Report installed between Beethoven Street and Rosabell Avenue. Since that time the medians have been maintained by a City contractor and are thriving. On May 27, 2014, the City Council adopted a resolution which approved the Engineer's Report, declared its intention to order the assessment levy and collection of assessments, and set the date, time and place for this public hearing for the District. DISCUSSION: The annual assessment includes costs for landscape maintenance, utilities, County fees and administration of the District. During the first year of formation, funds were levied and collected for the District to establish a reserve fund. The reserve fund is maintained annually to cover unforeseen expenses not normally included in the yearly maintenance costs. This may include, but is not limited to, palm tree replacement, repair or damaged equipment due to vandalism, storms and other similar events. Pursuant to Section 15.01.070.H of the Culver City Municipal Code (CCMC), any interested persons may file a written protest with the City Clerk (or withdrawal a previously filed protest) until the conclusion of the Public Hearing. Pursuant to CCMC Section 15.01.070.K, the City Council shall not impose an increased assessment if there is a majority protest. In this case, for Fiscal Year 2014/2015, the Engineer’s Report does not propose an increased assessment. Therefore, notwithstanding any written protests received, the City Council may adopt the resolution confirming the assessment as determined by the Engineer’s Report. Pursuant to CCMC Section 15.01.070 (J and K), the City Council may choose to order changes in any of the matters provided in the report, including changes in the improvements or services, or both, any zones within the District, and the proposed diagram or proposed assessment so long as the changes do not result in an increase of the rates above the voter approved maximum rates adjusted by an inflationary formula, if any (if such formula received prior voter approval), or it may choose to adopt a resolution confirming the diagram and assessment, either as originally proposed or as changed by it. Adoption of such resolution constitutes the assessment levy for Fiscal Year 2014/2015. The City Council may also choose to dissolve the District pursuant to CCMC Section 15.01.065.A.3 or pay for the improvements with the City’s General Fund. FISCAL ANALYSIS: The Engineer’s Report calculates the maximum maintenance and administration budget for Fiscal Year 2014/2015 to be $18,400, which includes a CPI increase of approximately 0.54% based on the February Consumer Price Index for All Urban City of Culver City, California Agenda Item Report Consumers for the Los Angeles, Riverside and Orange County Area. The estimated reserve balance for this assessment district, as of June 30, 2014, is anticipated to be $17,755. State law requires that only 50% of the annual assessment may be set- aside in the reserve fund. Fifty percent of the current annual budget is $9,200. Therefore, the remaining portion of the reserve balance, $8,555, has been applied to the Fiscal Year 2014/2015 budget. The total balance to levy for FY 2014/2015 is $9,844.82. ATTACHMENTS: 1. Proposed resolution. MOTION: That the City Council: Adopt a resolution confirming the assessment and ordering the levy for the Benefit Assessment District West Washington Boulevard No. 1 for Fiscal Year 2014/2015. MEETING DATE: 6.23.14 AGENDA ITEM: Adoption of a Resolution Approving the Annual Assessment Levy for Benefit Assessment District West Washington Boulevard No. 1 for Fiscal Year 2014/2015 ATTACHMENTS Pages 1. Resolution 1 - 2