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CC - Adoption of a Resolution (1) Approving the Engineer’s Report, (2) Declaring the City Council’s Intention to Order the Levy of Annual Assessments for Fiscal Year 2017/2018, and (3) Setting the Date, Time, and Place for a Public Hearing for the West Washington Boulevard Benefit Assessment District No. 2.
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Meeting Date: May 30, 2017
Contact Person/Dept: Elaine Warner/CDD
Todd Tipton/CDD
Phone Number: (310) 253-5777
Fiscal Impact: Yes [X] No [] General Fund: Yes [] No [X]
Public Hearing: [] Action Item: [] Attachments: Yes [X] No []
Commission Action Required: Yes [] No [X] Date:
Public Notification: (E-Mail) Meetings and Agendas - City Council (05/24/17); Mailed Notice to Property Owners in the Assessment District (05/23/17)
Department Approval: Sol Blumenfeld, Director of Community Development (05/17/17)
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RECOMMENDATION
Staff recommends the City Council adopt a resolution (1) approving the Engineer’s Report, (2) declaring the City Council’s intention to levy and collect assessments for the West Washington Boulevard Assessment District No. 2, and (3) setting the time, date and place for a Public Hearing on June 26, 2017, at 7:00 PM in the Mike Balkman Council Chambers.
BACKGROUND
In In July 2010, the West Washington Assessment District No. 2 (District) was formed to fund the maintenance of three new landscaped medians between Centinela Avenue and Boise Avenue. The District has remained in place since.
Pursuant to a Resolution adopted by the City Council on May 8, 2017, an Engineer’s Report was prepared for the District and filed with the City Clerk. A copy of the Engineer’s Report is attached to this report for consideration by the City Council. There were no changes or new improvements proposed for the District.
DISCUSSION
This evening, the City Council is asked to adopt a Resolution of Intention (1) approving the Engineer’s Report; (2) declaring the City’s intention to levy and collect assessments for the upcoming fiscal year; and (3) setting the date, time and place for the public hearing as required by Culver City Municipal Code (CCMC) Section 15.01.070.
Should the City Council adopt the proposed resolution, pursuant to CCMC Section 15.01.070.G, the City Clerk will provide notice of the public hearing by causing the Resolution of Intention to be published at least 10 days prior to the date of the hearing. The public hearing is scheduled for June 26, 2017 at 7:00 PM in the Mike Balkman Council Chambers.
FISCAL ANALYSIS
The Engineer’s Report identifies the budget for Fiscal Year 2017/18 as $20,900. Due to a surplus in the Improvement Fund, the total balance to levy for Fiscal Year 2017/2018 is $0.
Improvement Fund balance
Since the District was formed in 2010, funds have been collected to pay for unforeseen expenses related to damage, vandalism, storms and other events not normally included in the annual maintenance cost. The existing Improvement Fund balance is $43,317.
State law allows the City to use 50 percent of the $20,900 in annual maintenance and administration costs ($10,450) to fund expenses until the City receives its first apportionment of the special assessments and taxes collected by the County in December. After the reserve is deducted the balance of the Improvement Fund will be $32,867 ($43,317 - $10,450).
There have been no unforeseen expenses this year. Consistent with previous years, the Improvement Fund will be carried over as a credit to the annual levy. Therefore, the total balance to levy for Fiscal Year 2017/2018 is $0.
ATTACHMENTS
1. Engineer’s Report
2. Proposed Resolution
MOTION
That the City Council:
Adopt a Resolution (1) approving the Engineer’s Report; (2) declaring the City Council’s intention to levy and collect assessments for the West Washington Boulevard Assessment District No. 2; and (3) setting the time, date and place for a Public Hearing on June 26, 2017 at 7:00 PM in the Mike Balkman Council Chambers.